Home Buying in Staten Island>Question Details

moneyfromhea…, Home Seller in 10312

How much added value does a legal rental unit add to the price of a home?

Asked by moneyfromheaven, 10312 Wed Aug 28, 2013

Help the community by answering this question:

Answers

3
Too many factors that need consideration sight unseen; therefore ask your agent for comps, recently sold similar properties in the immediate area, see what the data suggests and go from there....
0 votes Thank Flag Link Wed Aug 28, 2013
In Staten Island it definitely adds to the home if it is a legal 2 family as opposed to a mother daughter. Furthermore if you are renting an illegal apartment and have trouble with the tenants it is much harder to get them out.
0 votes Thank Flag Link Wed Aug 28, 2013
You mean subtract from the value of the home?
0 votes Thank Flag Link Wed Aug 28, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer