So ... We own a leaky home!

[Maccachic]

They will tell you (or by now have told you?) that you need to spend money on several report and assessments) and then that you have to reclad and the cost is 300k + +their fees...plus design plus consent 400k?

if you can afford that you might even make a return when you see if in the right area and you have some equity now.

a different approach is to manage the issues and to do that you need to understand where the problems are and more inportantly where they are not.

a moisture detection system is a good start check it out at www.moisturedetection.co.nz they give quotes.


One way to sort a leaking deck is to cover it over enclose it with a conservatory.

Best to get an expert in to give you advice: http://www.buildingsurveyors.co.nz/panel/membersnear

Someone who knows limitations of testing methods and doesn't take shortcuts when it comes to fixes, we been called in to fix properties where people have tried to take shortcuts and are now on their third fix (substantially more cost than doing it correctly in the first place). Its not always a case of a reclad, it depends on what the issues are and if they affect the whole property.

[John the builder]

M
does prendos support limited repairs to mono-clad dwelling circa 1986?

[jimO]

push it over and rebuild on existing slab would have to be cheaper than recladding wouldnt it?

[John the builder]

frankly the best value is to retain as is and manage the issues

it is dumb to rebuild and end up with the same amenity/floor area /beds etc as before after spending 3 x the actual value of the improvements before

[Maccachic]

M
does prendos support limited repairs to mono-clad dwelling circa 1986?

I couldn't possibly comment, way to many variables and I'm not a building surveyor myself.

This covers it fairly well however: http://www.prendos.co.nz/leaky-build...re-the-options

[Maccachic]

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11229770

this makes for an interesting read re failed repairs and moisture probes.

[speights boy]

This is also interesting re the role of an inspection company

In his decision, Associate Judge Roger Bell said it was arguable that Dwell Healthy Homes had gone beyond being a disinterested expert and had become part of the sales force and an agent of the Culls.

"The role he [Winter] had taken on was to smooth away difficulties between parties trying to come to an agreement for sale and purchase," Associate Judge Bell said.

"His conduct was directed at encouraging the Edwards to attend the auction and bid.
On that basis, Mr Winter and his company were no longer simply disinterested experts supplying information at the request of the vendors, but had become part of the sales force," the judge said.

Leaky home owner has 'arguable case'

[John the builder]

SB
the article made the point that the decision was not aimed at the inspection company but whether a party could be kept in the proceedings?

"Nothing I say in this decision should be treated as making any findings as to any rights or liabilities applying either between the Edwards and Dwell Healthy Homes Ltd and Mr Winter or between the Culls and Dwell Healthy homes Ltd and Mr Winter," he said.

so the jury is still out?

Mac
what did probes have to do with it?

[speights boy]

JTB
I didn't say it was aimed at the inspection company, but involved their role in the sales process.
The headline quite clearly states :'against seller'

[John the builder]

OK but your quote was a bit selective?

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11294522

[speights boy]

OK but your quote was a bit selective?

Selective, as per the rules of this forum.
The full article was linked.
Geez....lighten up.
It was posted as an interesting article, not an accusation.

[eri]

Yes capital gain is occurring with quality leasehold apartments like this one but what leasehold allows is you to use your money to greater effect

http://www.trademe.co.nz/property/re...-856145804.htm

looks to me like a suspected leaking Scene apartment

what definition of "quality" does that fit under?