I know I harp on this a lot guys, but I just ran into this issue on another deal, and I just can’t emphasize enough how important it is to get those permits in place while you are in the process of developing, not after! If I haven’t convinced you with previous posts, here’s another one to set you on the straight and narrow.
- In some cases, not having permits could void some or all of your home insurance.
- Getting permits done after the fact, costs ten times the effort and money.
- If your work is discovered and the city, for whatever reason, doesn’t want it there. They can make you demolish it.
- If you don’t get permits on the work you did in 2012, you may go to sell the home in 2022 (and be forced to get permits at that time) at which point you will be inspected for the building code of 2022, not 2012. In many cases, a lot of your work will need to be ripped out and replaced with stuff that’s up to code.
- Finishing or updating space, changes the value of your home, which slightly increases your property taxes. If you don’t get permits and then apply for them later, or get found out later, you may owe the city a large bill of back taxes.
If you have any questions about permits for your basement in Calgary, give me a ring and we can get it all worked out together!
The Vanderveen Team
Maxwell South Star Realty
Phone: 403.253.5678 Fax: 403.592.6736