An April survey of real estate agents in Ontario, Canada, found that long-term cigarette smoking in a home may reduce its resale value by 20 percent, on average. And smokers’ homes are much more difficult to sell.
In the survey, commissioned by drug manufacturer Pfizer Canada, 44 percent of the agents surveyed said smoking will reduce a home’s value by some measure. Of these, one-third said the reduced value may range from 10 to 19 percent; another one-third said it could lower the value by 20 to 29 percent.
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