Will Asbestos Removal Affect My Property Value?
Asbestos removal in Ottawa, or anywhere in Ontario, can improve your property value. Sellers are required to disclose asbestos-contaminated materials on their property before closing. If the property is known to have asbestos while on the market, it can reduce the property value and make a sale more difficult. Investing in asbestos removal costs early on in your selling process can help you attract more potential buyers to your property and get more from your sale.
How Does Asbestos Removal Improve Property Value
Prospective buyers are often wary of homes with known hazardous materials. When a property is listed as asbestos-free, it immediately becomes more appealing. Removing asbestos demonstrates that the property has been cared for and maintained, which instills confidence in buyers and can lead to quicker sales.
Reduce Costs for Future Owners
Buyers factor in future renovation costs when purchasing a home. If asbestos is present, it adds a layer of complexity and cost for renovations. By managing asbestos removal costs ahead of time, sellers eliminate a future burden for the buyer, which can help justify a higher asking price.
Facilitates Safe Renovations
If you're planning to renovate before selling to increase your property's value, asbestos removal is often necessary to proceed safely, legally, and without disruption to your plans. This enables you to upgrade your property without the risk of disturbing asbestos fibres, making way for modern updates and retrofits that enhance the appeal of your property and its value.
Get Rid of Asbestos and Improve Your Property Value with Canada's Restoration Services
At Canada's Restoration Services, our experts are experienced with safe asbestos removal protocols so you can eliminate hazardous materials and get your home on the market with the peace of mind that the work is getting done right.