How Trees Can Affect Your Home’s Value

Vancouver Real Estate by Tom Ikonomou

There are many things that deter potential buyers from your home for sale. One of those is having trees in your back yard. When buying a home you need to ask yourself three very important questions;

  1. Will I be living in it for a long time
  2. Will be selling it in the near future
  3. Will I be keeping it as a rental investment

If you’re planning on living in it for a long time, you will most likely use the yard for outdoor family gatherings, kids and pets etc. Unless you are not planning on installing an in-ground pool, you will be fine.

If you will be selling it in the near future, then you must discount the price to reflect the limited amount of buyers looking for your home. Did you consider that when you purchased the home? The next buyer will do the same.

If you’re keeping it as an investment, then you can be sure the rental pool will also be limited to those that do not have kids and so the amount of rent will also be decreased. Which again affects the value of the home.

The following link explains the tree cutting process in South Surrey British Columbia. Other municipalities may vary so be sure to consult with your city officials before you decide to purchase a home with trees in the yard.

Tree Cutting Permit Application Process

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Author: Ikonomou Systems

Tom is a degreed Vancouver Real Estate Sales professional with RE/MAX City Realty. Founder of The Ikonomou Systems© Tom has been defending homeowners equity since 2008 - Tom lives in Vancouver with his wife and has four adult children.

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