terry4505
New member
Hey guys,
After having our house on the market since May, the day has finally arrived!
We received an offer on our house yesterday. But, to our surprise, the buyer asked that I leave my tank in the offer.
I currently have a mature, 120 gallon mostly SPS reef chock full of corals and fish I am pretty emotionally attached to.
The tank is plumbed to the basement, where the sump is.
At this point, I am not sure how the tank effects the value of the house.
Fish and corals aside, I think the value of the equipment breaks down something like this:
Tank and stand- $200 (both are older, tank has some scratches, but great ricordeas growing all over the overflows and lots of character)
light- $600- I retrofitted an old 8 bulb Tek light with two Gen 3 radions by removing the middle four bulbs. So it is a custom build T5/LED combo, I may be undervaluing this
Circ pumps- Maxspect Gyre 150, Vortech MP10- $300
Apex with B/O, float switches, and wireless camera- $400
Reactors (BRS single and dual) $100
Doser, containers and chemicals- #100
6 Stage RO/DI- $100
Skimmer- Vertex Omega 150, works like a boss $300
various equipment, mixing containers, pumps, powerstrips, etc. $100
-----------------
So just the equipment is somewhere in the ball park of $2500, and I think I am being conservative. I am planning on setting up a new tank in the new house (a 120, peninsula style with a Ghost Overflow) but was planning on reusing all of the equipment except for the tank and stand.
So I am looking at what it is going to cost me to replace what I have. I have acquired most of this stuff slowly, over time, sometimes off of Craigslist etc. So to buy it all again is going to be a major cost.
I also don't want to lose our chance to sell the house because I am being a stickler about the cost of my tank.
One other thing to keep in mind, is prior to the tank being plumbed to the basement, there were frequent sump overflows from skimmers etc., and the hardwoods under the stand took a beating. I have no idea how bad they will be when we move the stand. It may costs thousands to repair them, and I would love to be able to leave the tank and avoid the hassle.
So my question is, if the buyer is interested in the tank, it shouldn't be a detriment to the price (as I have seen said a lot as I have searched around) so how should I value the tank? How should it impact the selling price?
After having our house on the market since May, the day has finally arrived!
We received an offer on our house yesterday. But, to our surprise, the buyer asked that I leave my tank in the offer.
I currently have a mature, 120 gallon mostly SPS reef chock full of corals and fish I am pretty emotionally attached to.
The tank is plumbed to the basement, where the sump is.
At this point, I am not sure how the tank effects the value of the house.
Fish and corals aside, I think the value of the equipment breaks down something like this:
Tank and stand- $200 (both are older, tank has some scratches, but great ricordeas growing all over the overflows and lots of character)
light- $600- I retrofitted an old 8 bulb Tek light with two Gen 3 radions by removing the middle four bulbs. So it is a custom build T5/LED combo, I may be undervaluing this
Circ pumps- Maxspect Gyre 150, Vortech MP10- $300
Apex with B/O, float switches, and wireless camera- $400
Reactors (BRS single and dual) $100
Doser, containers and chemicals- #100
6 Stage RO/DI- $100
Skimmer- Vertex Omega 150, works like a boss $300
various equipment, mixing containers, pumps, powerstrips, etc. $100
-----------------
So just the equipment is somewhere in the ball park of $2500, and I think I am being conservative. I am planning on setting up a new tank in the new house (a 120, peninsula style with a Ghost Overflow) but was planning on reusing all of the equipment except for the tank and stand.
So I am looking at what it is going to cost me to replace what I have. I have acquired most of this stuff slowly, over time, sometimes off of Craigslist etc. So to buy it all again is going to be a major cost.
I also don't want to lose our chance to sell the house because I am being a stickler about the cost of my tank.
One other thing to keep in mind, is prior to the tank being plumbed to the basement, there were frequent sump overflows from skimmers etc., and the hardwoods under the stand took a beating. I have no idea how bad they will be when we move the stand. It may costs thousands to repair them, and I would love to be able to leave the tank and avoid the hassle.
So my question is, if the buyer is interested in the tank, it shouldn't be a detriment to the price (as I have seen said a lot as I have searched around) so how should I value the tank? How should it impact the selling price?
