Three Storey Home Only 8 Years Old
On a recent inspection I was a bit perplexed when I pulled up to the property. The shingles were in an advanced state of deterioration, but the home was listed as being only 8 years old. Typically shingles will begin to display signs of ageing at or near the 10 year mark unless there are other factors at work. Could be that there was an issue with the manufacturing of the shingles, poor insulation or ventilation within the attic. That would be determined later in the inspection. Getting a close look at the furnace and air conditioner I found the build dates to be 2001 and 2002. Ah! That makes more sense as to why the shingles look older than they are because it would appear the home was either built in 2001 or 2002. Although it can be a good indicator of the age of the home, sometimes the builders will buy air conditioners and furnaces in large quantities which means you could have a brand new furnace with an older date code. Finally, I purchased a report from MPAC (Municipal Property Assessment Corporation) that revealed this house was 14 years old, NOT 8! On top of that, this house was also listed as a 3 storey home when in fact it was only 1.5 storeys. This is a rare case, the agent is responsible for the accurate description of the listed home. Perhaps he was having a bad day and mixed up some info from another listing.
Whatever the reason is for this huge error in the listing, you need to protect yourself. The fly-by-night inspectors would have just gone in and reported what was found without going the extra mile. Buying a home is a big investment, its too late if you wait for your lawyer to perform the title search. Protect yourself before its too late, hire a trusted inspector.