Raising a family in a good suburb and preferably with a dog. This is what the ideal future looks like for many. But many forget that pets can lower the value of property. Here are five reasons why.
1. Cleanliness:
Dogs require regular grooming and a consistent clean-up of their messes, which can create odors that may permeate throughout a house. This can be an obstacle to potential buyers who are looking for a property that is free from pet dander, fleas, and other problems that come along with animals.
2. Safety:
If your dog has a tendency to bark or is not well-socialized, it can pose a safety risk to the neighbourhood and its residents. Many organisations for strata management in Adelaide and other major cities require pet owners to abide by certain codes of conduct that guarantee the safety of all residents.
3. Allergies:
Many people suffer from pet allergies, and if a potential buyer is one of them, having a dog in the house may be a major deterrent. This can lead to fewer showings, or even buyers backing out of the purchase altogether, leading to a decrease in the property’s value.
4. Can’t Leave Them Alone:
Another major disadvantage of having a dog is that they cannot be left alone for extended periods of time. This will harm the pet and the animal in its distress would unintentionally damage the property. This means that you can’t easily take trips or go away for the weekend without arranging for someone to watch your pet. Pet Boarding Australia may offer some support, but this can be an added expense for the pet owner.
5. Pet Bites:
Pet bites are a major liability risk for homeowners. If a dog in your residence bites someone, you could be held liable for damages, leading to an insurance claim and a decrease in property value.
If you want to buy property, you should consider these five points before adding a pet.