Want to increase the value of your sectional title property? Pet friendly policies could help!
A recent survey of pet-friendly developments carried out in Queensland, Australia by PetsInTheCity.net.au yielded some interesting findings…
- People are willing to pay 5-10% more when buying an apartment or townhouse if they’ll be able to keep their pet; and
- Estate agents reported a 50% increase in buyer interest if a property for sale was advertised as pet-friendly.
So if you are a trustee and are considering an application for a resident to keep a pet in his/her section – your approval, along with the other trustees, could increase the value of the property… Just some food for thought.
Happy puppy loving!
Image source: http://www.flickr.com/photos/tofuttibreak/194043396
Thinking Inside the Box 
Stumbled upon this post while researching pets in complexes. I have to admit i find it rather bizarre that you would relate a study conducted in a first world country to SA, a third world country! Especially considering the property value and cultural discrepancy between SA and AUS.
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Thanks, A very useful information .
You’re welcome David! I’m glad you found the post useful 🙂