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Updated almost 7 years ago on . Most recent reply

Account Closed
  • Waco, TX
1
Votes |
15
Posts

Will making a home "healthier/safer" be a good value-maker?

Account Closed
  • Waco, TX
Posted

I bought a single family home in Northern Colorado in August '17.  Two possible scenarios: renting out the basement, or renting out the entire home in the next few months.  Will probably sell in a few years.

Besides finishing the basement, we've made the house "healthier/safer" by sealing the crawl space, installing a radon extraction system, and installing a SimpliSafe alarm.  I am flirting with the idea of installing a whole-house water filter to reduce chlorine and other chemicals.  These last for about 4 years or 400,000 gallons.  My realtor says she hasn't seen that as a good value-maker.  Thoughts?

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Bill S.
  • Rental Property Investor
  • Denver, CO
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Bill S.
  • Rental Property Investor
  • Denver, CO
ModeratorReplied
Originally posted by @Account Closed:

I bought a single family home in Northern Colorado in August '17.  Two possible scenarios: renting out the basement, or renting out the entire home in the next few months.  Will probably sell in a few years.

Besides finishing the basement, we've made the house "healthier/safer" by sealing the crawl space, installing a radon extraction system, and installing a SimpliSafe alarm.  I am flirting with the idea of installing a whole-house water filter to reduce chlorine and other chemicals.  These last for about 4 years or 400,000 gallons.  My realtor says she hasn't seen that as a good value-maker.  Thoughts?

In my experience, what you have done would not add a penny to the value of a property. They are personal preference and most folks won't pay for them much less pay more for them. In fact, most won't even maintain them properly if they are given to them and the amenities become liabilities.

  • Bill S.
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