Why Bamboo Affects Property Values

Why Bamboo Affects Property Values.
Bamboo often affects property values due to the removal costs and ensuring that it does not return.

Bamboo is highly regenerative, with the ability to regrow from just a small piece of rhizome, starting the growing process all over again.

Bamboo removal costs can be significant, many people are simply unaware of what a problem bamboo can be, along with the often significant removal costs.

Houses For Sale With Bamboo.
One of the situations that we encounter most often, are houses that are either for sale, shortly to be for sale, or recently sold.

It is the change of ownership that brings the bamboo to the forefront of people’s attention.
Often homeowners who planted the bamboo love it, yet prospective buyers or recent purchasers hate it.

Be clear, bamboo is very much becoming the new Japanese Knotweed.

Bamboo increasingly on the radar of homebuyers, mortgage companies and surveyors who are starting to understand the impact that bamboo can have, it’s removal costs and the resulting effect on property values.

Who Does This Affect.
With bamboo removal cost having now become apparent, ultimately it is going to affect somebody and their bank balance.
It is at this point the decisions that are made will determine who’s bank balance it effects.

Removal Costs Compared To Property Values.
So now to the important bit, money and how much.

Clearly every case is completely unique, the costs and percentage of property values will vary with every individual case.

However, at publication date of this article we have contracts with bamboo removals costs that are over 4% of property value, be clear this is just the cost to remediate the bamboo, it does not include costs to restore the garden area to its original condition.

We consider that a figure of over 4% of property value to certainly be a figure that should stop and make you think.

This is why bamboo can and does affect property values.

Property Values Reduced.
Prospective purchasers are becoming increasingly aware of the costs of removing bamboo.

With this thought in their minds, house purchase offers being tendered are reduced to reflect these costs, and as you may imagine, the sums involved are likely to be inflated to allow for a margin of extra costs or simply to purchase a house at a lower price.

With bamboo removal costs of around 4% of property value, its hardly surprising that with a quick internet search, property value reduction figures of 10 & 15% can be found.

Pre House Purchase Bamboo Assessments.
No More Bamboo provide Pre House Purchase Bamboo Assessments, be clear in your mind the financial implications of the bamboo in that garden.
Call the bamboo team on 07485 411618

• Bamboo Remediation Specialists covering all South West Counties.
• Bamboo Excavation - "The Gold Standard" of Bamboo Removal.
• Bamboo Herbicide Treatments - Foliar & Stem Injection Herbicide Treatments.

We can end your bamboo nightmare.
Speak to our friendly bamboo experts now - 07485 411618