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I want to turn my home into a Brothel. Will this increase or decrease my home value?

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KennethMcAdams

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March 26 - US
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Nancy Lee, "An OrderLee Home"

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If you are part of an Involuntary Homeowners Association, especially if you are in a gated community, check the covenants for limitations on running a business from your home.  And, for heaven's sake, stage it!
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April 04
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Daniel Bretzke , "Bretzke"

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In real estate it is all about location, location, location.  If you happen to own a home in state where that is legal, and the zoning supports it, it would probably increase your value.... but if you intend to do this in a location where it is not legal, and there are tough zoing inspectors you will probably decrease your value, 

You could replace brothel with any of a hundred words, and the answer will be the same.
Location 
Location
Location
Good luck.

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March 31
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doobie57z

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GOOD LUCK!!! some things to keep in mind, tax stamps for the weed. you may be better off keeping these as seperate enterprises. 2. refreshments. an adult beverage is almost a must., check for licensing.and C, staging could make all the difference in the success of this venture. may i ask which area of the country you are in?
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March 28
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sunnyview

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No, thank you for the free special and good luck in your new business venture.
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March 28
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KennethMcAdams

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Thanks everybody.  I'm going to do it.  And I like the part about weed.  I could use all the income I can muster.  For your help you guys all get 1 free hour.  And a joint.
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March 27
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sunnyview

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I really like Pat's idea of the dual income business--half women and half weed. You could add a drive up window for quick pick ups of product and maximize your exposure with limitless opportunities for cross marketing between the two groups of customers. Brilliant!
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March 27
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Tom Ashworth, "tomashworth"

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You need to do a business plan and figure out the ROI, for this....LOL

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March 27
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Pat Bourgo, "Pat Bourgo"

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LOL. If it being sold as commercial you could get a higher appraisal for it.  If you are going to take this approach, you might as well grow WEED to make it really cash flow. LOL 
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March 27
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Michael Emery, "MikeEmery"

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You might want to forgo the red lights and the naked ladies in the windows You wouldn't want to bring down the value of all the foreclosed homes in the neighborhood. 
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March 26
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wetdawgs

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As the $$ flow would increase so dramatically, perhaps it doesn't matter the actual value of the building does.


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March 26
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jonkolbe

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Technically, it would increase the value as it becomes a business and you can sell the business when you sell the home.  Please let me know what the zoning department says when you ask for the use change...UNLESS you are able to open a home based business without all the red velvet...er tape.
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March 26
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sunnyview

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LOL I agree. Turn key business that are recession resistant are popular in down markets.
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March 26
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rockinblu

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It might depend on the staging. 
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March 26
 

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