Property Q&A in Palm Springs>Question Details

Mikecopeland, Home Buyer in Palm Springs, CA

How much more does the furniture add to the price?

Asked by Mikecopeland, Palm Springs, CA Mon Jul 18, 2011

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If you are a seller, how much you feel your furniture is worth and a buyer, how much you are willing to pay to have the furniture included.

That is the simple truth.

Generally, it is best to do a complete inventory of furniture, agree on what items will be included and write up a separate agreement outside of escrow to purchase the furniture. Every situation is different though, so speak with your Realtor to find the one that works best for you.
0 votes Thank Flag Link Tue Jul 19, 2011
Hello Mike:

Thanks for contacting me with your question regarding furniture. It's hard to say how much value furniture add to the property without actually having seen the furniture itself. Generally speaking, however, furniture are personal items that wouldn't be considered of any additional value when it comes to the appraisal of Real Property.

Furniture can be a desirable added benefit to a Buyer who may like the way a home is furnished, eliminating the headache of needing to go out and buy his own furniture. One would also probably like to find out how much it would cost him to furnish a home vs. just buying the property fully furnished (providing that this is an option). But other than that, in terms of appraisal value of the house, it doesn't add any value.

I hope this helped. Are you currently looking for properties in Palm Springs? Are you local or do you plan to visit any time in the near future?

Looking forward to hearing from you.

Cheers :))

Gary Moe
(760) 774-5558
0 votes Thank Flag Link Tue Jul 19, 2011
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