MTR property near a train track

[Stefhan Malherbe]

Hello,

I have a duplex currently let as a LTR and I am considering changing it to a MTR. The property is located within a 5 to 10 / 15 minute drive to 7 different hospitals, clinics, health care centres, etc. Close to all the amenities in the area too and 15 minutes from the beach. There are 3 other properties on the same street which are STRs. 

My concern is that the property is located close to train tracks. The STR properties in the same street make it clear in their listing description that the property is located next to train tracks and that you can at times hear the train. In their reviews the guests mention the train, either that they can hear it and it is not bad or that they can hear it as described in the host's listing. These STRs are still booking well - based on their booking availability.

I can install impact-sound proof windows to reduce the noise. This is what one of the STR owners in the same street did.

As a MTR I am aware that working professionals will need a quiet house to sleep in day and night. To compensate for the noise I can adjust the listing price but hoping to get some feedback before I start spending money on renovations. 

Thank you 

[Brett Deas]

I think putting in some soundproofing is a great idea because from my knowledge it doesn't cost a huge amount. But always be very clear in the lease about its proximity to the tracks but you can also include the fact that its counteracted by the sound proofing you did, it will definitely give you an advantage over others in the area.