WARNING: Growing Cannabis May Affect Your Homes Value

Growing Cannabis May Affect Your Homes Value

WARNING: Growing Cannabis May Affect Your Homes Value

Risks to homeowners

To date, no one seems to know how home growing will be monitored, if at all, or whether licenses, registrations or by-law enforcement will be established before legalization comes into effect.  And remediation of former grow homes with mold, water damage, faulty electrical and chemical residues is not standardized even now.

That means homeowners who choose to grow – even legally – are potentially creating risk for themselves because we know that the mere stigma of a grow-op affects a home’s market value.

Until these regulations and standards are in place, Realtors recommend that any homeowner considering a legal grow in their home proceed cautiously. Your home is a significant investment, and if you wish to sell down the road – as most people do – you need to protect your home’s value. This means giving the same thought and care to planning a home grow as you would for any other renovations, updates or maintenance.

Source: http://safegrowhomes.ca/

For more information visit http://safegrowhomes.ca/

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