Since Colorado voted to legalize marijuana in November 2012, a number of issues have arisen for home buyers. Homeowners have the right to grow marijuana inside their homes for personal use. According to CAR (Colorado Association of Realtors) “As a result, it is increasingly common for REALTORS® to encounter homes with existing grow facilities (or evidence of former grow facilities) as they tour properties with buyers.”
CAR also recommends “Inspectors should be made aware of any grow facilities that were in the home and should pay particular attention to any modifications that have been made to the home’s plumbing or electrical systems to accommodate hydroponic (water) grow systems or high powered grow lights. These modifications are often made by the homeowner – as opposed to a licensed contractor – and may not have been performed pursuant to applicable building code(s).”
Another area that seems to be a problem is odor. A non ventilated grow operation can permeate the home with the scent of “pot”. It can be an expensive fix to clean up the residue on walls and in carpet causing a homeowner or buyer additional expenses.
Marijuana has helped many people with epilepsy, pain management, cancer, and other ailments. With it’s popularity growing, the chances of a buyer buying a home that has had grow facilities or use in it, are more prevalent all the time. Colorado is at the forefront of this new frontier. The Colorado Association of Realtors put out a great article on the impact Pot has had on Colorado.