Will installing a radon mitigation system increase the value of my home? | | In most cases | 8% | | In some cases | 50% | | No, never | 25% | | Not sure | 16% | | | | | Question: Will installing a radon mitigation system increase the value of my home? Top Answer (50% of 24 votes): In some cases.
Answer: In some cases Explanation: A radon mitigation system can make a home more marketable by addressing a potential health concern and reducing buyer uncertainty. However, it may primarily remove a negative condition rather than add value above what comparable homes would sell for. Its impact depends on local market expectations, radon levels, and whether buyers would otherwise view radon as a concern. | | A Martin Brendt Appraisals | Answer: In some cases Explanation: Most buyers are made aware of the danger of high radon levels in homes, so they might be willing to pay more for a property with a system that mitigates exposure to high levels of radon. | | Residential Appraisal & Consulting Services | Answer: In some cases Explanation: In theory any improvement that buyers feel will provide extra benefit has the potential to increase value. It depends on cost to install and prevalence in other neighborhood homes. It is not dollar for dollar and conceivably could not add any significant value if any. Generally it only means you now have what most homes in the neighborhood have. | | Solid Impressions Appraisals | | | ProMatcher | Answer: In most cases Explanation: If radon is present, installing a radon mitigation system is unavoidable. In cases where there is minimal or no radon gas, installing a radon mitigation system may be considered to be in over improvement. | | Residential Appraisal Associates | Answer: Not sure Explanation: Not an issue in my market. | | LAKE AREA APPRAISAL FIRM | Answer: Not sure Explanation: depends if the area has that type of problem | | A Q Appraisals | | | ProMatcher | Answer: In some cases Explanation: Not guaranteed. | | Accurate Appraisals USA |
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