Electrical, plumbing
systems Most
vintage condominium conversions in Chicago these days are gut
rehabs. This means that the developer keeps only the shell of
the old building and installs all new mechanical systems and fixtures.
This type of construction allows developers to save money and time
because rehabbing is not as costly or lengthy a process as building
from the ground up. Conversions
are popular with buyers because they can get a more affordable unit
in a rehabbed building and the security of knowing that the
plumbing and electrical systems are all brand new. Or
are they? Most
builders install all new mechanicals, but we find secondhand equipment
in more than 10 percent of the new conversions that we inspect. New
furnaces and new water heaters sometimes have their
serial numbers, model numbers and data tags mysteriously missing,
and items that supposedly were replaced turn out only to have been
repaired. There
are many things you can look for before you sign a contract to help
determine whether your developer is spending the necessary cash to
convert to condominium ownership or is trying to pass major financial
burdens on to you, the new buyer. Obviously,
a ten-year-old elevator is better than a fifty-year-old elevator,
a new rubber roof is better than an old hot mopped one,
and new windows are better than old windows. Here are some other,
less obvious things to look for in the plumbing and electrical departments
before you close on that new rehabbed condo. Insist
that your real estate agent or developer shows you the cold water
main to the building. Walk up to that main at the floor level and
scratch the pipe with a key or a dime. If it shines bright silver
beneath the scratch mark it is probably lead and more than 16 years
old. Chicago
requires replacement of the cold water main when the plumbing supply
pipes are replaced. It is fair to assume that if your building is
equipped with an old lead service, your pipes will be old galvanized
pipes. They will need to be overhauled very soon, and at no small
cost. If
you are buying in a highrise, the water service will not be lead,
so you will need to know the date the building was built to assess
quality. Domestic hot water piping in highrise buildings may only
have a 25-year life expectancy, and replacing it can average $2,000
to $4,000 per bath. Another
plumbing test is even simpler. Turn on the shower and sink base hot
water valves. Go over to the toilet and flush it while concentrating
on the hot water stream from the showerhead. Does it fluctuate? Is
the water full of granulated rust? Did pressure drop significantly?
If so, you might need to replace supply pipe, which can be very expensive. Imagine
yourself in the shower when your downstairs neighbor flushes his or
her toilet. The shower will do the same thing it did when you flushed
the toilet in your unit. First- and second-degree burns are a possibility
if you are not quick on your feet in the bathtub. Wiring
is another often overlooked element because problems dont become
apparent until buyers have moved in. Ask your real estate agent to
show you the wiring where it enters the building at its exterior.
The wiring must be fed through a shiny steel pipe and into a series
of electrical meters. The pipe should be two inches or larger and
there should be shiny pipes coming out of the base of the electric
meter, passing through the buildings wall and feeding electrical
service panels for individual condos. This
is where we typically find the electrical panel and disconnect switch.
Open the door on the panel box for your unit (this may require going
upstairs or into a closet) and count the number of circuit breakers
for your living space. Typically, you will receive six as a minimum.
If you dont have six breakers, and your condo is larger than
850 square feet, you will probably need to add more breakers. Not
a pleasant thought for a new condominium buyer. A
shiny steel pipe that carries the buildings power is a good
sign. It means that the electrical service has been upgraded. Usually
a two-inch pipe provides 200 amps and a four-inch pipe provides 400
amps. A reasonable rule of thumb is to assume 20 circuit breakers
per 100 amps, with each condominium requiring six or more circuits.
Just do the math: 400 amps will generally provide 80 circuit breakers,
which could typically support around 13 condominiums. If
your building is under-supplied in the amperage department, dont
even think about voltage and wattage. You will need a new electrical
service over the short term. Remember, the electrical meters should
be mounted at the buildings exterior if the building has been
modernized (Com Ed wants access to shut your power off if you are
not paying your bills). Should
you purchase a highrise condo, locate your electrical panel box and
make sure that it is rated for 100 amps. This number will be printed
on the cover or inside area of the electrical box, and often is also
included in recessed numbers on your main circuit breaker or switch.
Less than 100 amps is usually a problem that results in major expense
later. Thomas Corbett is president of Tomacor, www.Tomacor.com, a professional property consulting company specializing in commercial and residential property inspections and expert witness work. Questions can be emailed to TCorbett@Tomacor.com. |