Stone cleaning and its effect on property market selling price

Richard A. Laing and Dennis C. M. Urquhart

Journal of Property Research, 1997, vol. 14, issue 4, 329-336

Abstract: Stone cleaning has been carried out widely for over two decades, and a large amount of cleaning is still completed each year. Whilst in many cases the aesthetic benefits of stone cleaning have been initially undeniable, concern has been raised concerning the long-term effects of such intervention. In order that the reasons underlying the continuing popularity of stone cleaning as an urban improvement device can be better understood, it was suggested that stone cleaning might in itself result in immediate gains in terms of property market selling prices. The study concludes that the gains which might be expected initially are in the region of up to 3%, with improvements in property marketability more apparent. At present, it would appear that problems associated with stone cleaning methods causing damage to stone are not being reflected by the property markets to a significant extent. It is essential that these gains be examined in relation to longer-term life cycle costs, in order that the overall effects on financial value can be better understood.

Date: 1997
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DOI: 10.1080/095999197368564

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