How Do Environmental Hazards Affect Property Values?  
Real and perceived environmental problems can affect the dollar value of real property (land and buildings).  The ability to market a property can change drastically when environmental problems are found.  In such cases, the appraiser's estimate of the "cost to cure" the problem becomes an important element in determining the marketability of the property. 

The cost to cure an environmental problem will reduce the appraised market value of the real estate by the amount needed to correct the problem.  In extreme cases, the cost of cleanup and correction of the environmental problem can exceed the market value of the property.  This is important because the market value determines the amount of money the lender is willing to loan to a prospective buyer.

Sometimes, even after an environmental problem is fixed, the property value still suffers from what appraisers call stigmatization.  This term refers to a continuing decline in the value of a property due to an incorrectly perceived environmental problem.  Stigmatization can significantly reduce the market value of a property even after a problem has been remedied.  I

f you are considering purchasing a property that might be a "steal," you should evaluate it carefully for existing and past environmental problems that might account for the low price.

If you are interested in removing the stigma - Contact IAQMS.COM and we will perform a Certified Clean Indoor Certification Program.  We will decontaminate, disinfect and deodorize the indoor air and surface areas.  We provide pre-test sampling and post-test sampling to substantiate and document the efficacy and healthy indoor environment.

We will then place Certified Clean Indoor Air Certificates (CCIA) within the property and insure that an additional copy is given to the County Tax Assessment Office for their records.

For complete information on our CCIA program, contact our office at; 440-376-4261 or by email at: info@IAQMS.COM