Buyer Beware! Grow-ops do not make a good investment. How to identify them - Remax Nova Halifax Real Estate

Published 18 January 12 11:43 AM | Merv Edinger 

Contrary to popular belief, Grow-ops or drug houses do not make good long-term investments. It is of great importance to take extra steps in identifying a grow-op (or drug house) before entering into any contractual obligations with clients or the public. Grow-ops are dangerous for several reasons but in most cases it's the structural integrity of the house & the risk of being innocently involved in criminal activity that are the two most serious. The exposure of moisture & humidity to the walls & interior of the house can yield material latent defects ( such as rot, mold, etc.. not easily discoverable.  In some provinces, the power bills are held against the home not  the name of the person on the account & therefore, the innocent home owner may be responsible for tens of thousands of dollars in stollen utilities ), which can cost significant money to remedy.

Identifying grow ops - Remax Nova Real Estate

Here are some quick tips to keep in mind...

Identifying a Grow-op:

  • Mould in corners where walls & ceiling meet
  • Signs of Roof/Window venting
  • Painted concrete floors (often times with circular potter marks)
  • Damage/Tampering with the electrical panel or meter
  • Modified wiring
  • Brownish stains below exterior vents/soffits
  • Patterns of excessive screw holes in walls
  • Signs of damage in entry ways - due to forced entry
  • In Canada, visit the RCMP website http://www.rcmp-grc.gc.ca/ for a list of addresses where they have cracked down on a grow op.

Merv Edinger & Associates

Associate broker

Remax Nova

http://www.mervedinger.com/

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