Part IV: Building Value: Managing Your Investment and Seeing a Return in Visual Studio .NET

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Part IV: Building Value: Managing Your Investment and Seeing a Return
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Urea formaldehyde foam (UFFI) and asbestos are two kinds of insulation to be avoided UFFI gained notoriety in the 1970s and early 1980s on account of offgassing, which caused a variety of health concerns Equally nasty, the carcinogenic quality of asbestos prompted its removal as an insulative material from many buildings Some older buildings still have it Due diligence, which we discuss in 11, should bring to light the presence of either of these materials If present, these substances could be the subject of clauses in your offer to purchase that make the sale conditional on their rectification As an investor, you may be able to negotiate a deal that widens your potential margin on the future sale of the property
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Licking a leaking envelope
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The building envelope the elements of a building that ensure its innards stay on the inside is perhaps the least-considered source of heat loss Most people feel a draft and look to the door or window As often as not, the draft may be coming through the very fabric of the building Think of a wellworn shirt or sweater: It may have been cozy when it was new, but several years on it s getting pretty threadbare Caulking, available in several formulations, is a simple way of sealing the building envelope Deteriorated or missing caulking on exterior walls is a common problem in 15 percent of buildings It helps to weatherproof a building, preventing decay, rather than actually blocking the airflows that can come through the worn and damaged fabric of a building To ensure your caulking continues to perform as you expect, review it annually Similarly, interior caulking helps prevent air loss Although not a substitute for sound construction, it plays a role in preventing air loss through cracks in the envelope
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Sealing the deal: Doors and windows
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Doors and windows require rough openings in the exterior wall of a building, and if not sealed properly, create opportunities for the exchange of air with the outside Caulking is an important means of closing the openings around doors and windows A skilled installer will ensure that these gaps are sealed prior to completing a job Weather-stripping is an important tool in preventing heat loss, but to reduce maintenance costs associated with its replacement, choose one that s appropriate to the volume of use (and abuse) it will receive as well as local environmental conditions The spaces around doors and windows aren t the only spots you should attend to Don t forget to take into account the doors and windows themselves! The material that makes up a door may be more or less conductive,
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14: Managing Risks
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allowing heat transfer So-called low E, or low emittance, coatings help reduce heat flows through windows and boost the comfort, energy efficiency, and overall value of a building Though they are more expensive, many utility companies offer incentives to replace single-pane windows with these new, technologically advanced windows in efforts to promote energy conservation A common standard for energy-efficient windows and doors in Canada is the Energy Star rating (you ll also find the Energy Star rating on several other things these days, including appliances) The size of windows and doors raises the potential for heat loss Ensuring they are energy efficient not only will keep your energy costs down, but also will limit the use of your furnace and air conditioner Less use means a longer life span and lower replacement costs for the systems that regulate the temperature of your building
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Reducing leakage
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Water always seeks its own level Which in itself is fine no point in challenging Mother Nature, after all However, the unfortunate thing is when water wants to be in your basement, or in your walls The two forms of leakage to watch for are Leaks in the plumbing Water ingress through the building envelope Limiting leakage in either of these areas will improve the life span of your property, maintaining its value, and in the case of plumbing, help reduce operating costs
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