HomeLife Glenayre Realty - Mission BC

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Protecting Your Homes Value

On October 17, growing marijuana in your own home became legal. Before anyone does great caution should be taken!  A lack of clear definition when it comes to remediation of ex grow ops still causes uncertainty and now whether a four plant legal growth is considered an issue to lenders' and insurers' creating their reluctance to accept potential risk of a property where marijuana has been grown, owners who have grown pot might be surprised when it comes time to sell. 

Can growing 4 legal plants affect the sale of the home, chances are that even a few plants may impact the sale.

First, some buyers think this stigmatizes the property. It is not just about stigma. Some lenders and insurers may avoid homes where there has been growth. That means possible limited financing or if insurance approved paying increased premiums for insurance—issues that can impact the purchaser and any offered prices on your property. Some buyers may not want to even make an offer.

Disclosure of marijuana growth.

In general, the law and the Real Estate Council do not require disclosure of marijuana growth unless there is a Material Latent Defect, which means some danger or damage that is not easy to discover on visual inspection. However in most Real Estate contracts you will be asked if there was marijuana growth, if the Property Disclosure Statement (PDS) is used then asked if illegal growth took place. 

Will growing legal plants impact my mortgage?

Simple answer it may, each lender has different rules you should further research policy.


Damage caused from marijuana growth will not generally be covered, the greater impact that could affect you they may not cover any damage if it is discovered there is any growth on the property.

Is there a safe way to grow?

They compare growing one marijuana plant to be equal to five normal house plants because of the extra moisture and lighting. Certainly there is a safe way to grow four plants by installing a professional venting and electrical system etc, the issue remains insurance, mortgaging and a defined remediation process.

In most cases growing a limited amount of plants in an owners house will not cause damage because the owner will monitor it, however there is a stigma to it right now.

Caution and research should be employed if you grow legal marijuana.



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