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    How Does a Haunting Affect Value?

    Here’s how different haunted houses are valued in the real estate market.

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    I’m by no means an expert in the paranormal, but I am an expert in real estate, so I can tell you how different types of hauntings in homes from classic horror films will affect that home’s value.

    Our first example is a home with a poltergeist. A home that’s built secretly on an ancient burial ground seems to be really bad for children. They get pulled into television sets and pulled out of their beds by the trees. I think these types of homes should be reserved for 55+ communities only.

    Now let’s look at the haunted house from “The Amityville Horror” that’s located on Long Island. This particular house is built on an entrance to hell, which is very very bad for its resale value. You can’t have a portal to Hades and expect to get top dollar when you sell.

    The third and most common type of haunted house we encounter is portrayed in the movie “The Others” with Nicole Kidman. You move into a home and there are other people living there; they just happen to be dead. As long as you can tolerate the noise and a bit of mischief, it should be ok. However, those roommates will be staying with the home so it could be a good or bad thing for a new buyer depending on how they take the news.

    “You can’t sell for top dollar
    with a portal to hell.”

    The fourth kind is like what we see in “Paranormal Activity,” where a curse follows the people living in the house more than the house itself. When the cursed couple leaves, the house will be fine so it shouldn’t affect your resale value.

    Finally, the home in “The Visit” isn’t much of a haunting, as the most frightening thing here is the grandparents. As long as you take your grandparents with you when you leave, you should be fine.

    If you have any questions about buying or selling a home (haunted or not), don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.

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    One Response to “How Does a Haunting Affect Value?”

    • Greg Hobbet

      Written on

      OK Bill. This was hilarious. A real scream, so to speak. Loved it. I do note however for those on the buying side of the equation, one might be able to get really good discounts on such homes. So, for instance, if living with a portal to Hell in your basement is not concerning one might be able to scoop up such a home at a spectacular discount. Keep up the great work. I enjoy your missives. Who knows. One of these days we may be buying and selling ourselves (no plans currently). And we do appreciate how well you have served our family in the past.


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