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Updated about 6 years ago on . Most recent reply

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John McKinnon
  • Bow, NH
1
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14
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How is lead paint effecting your area?

John McKinnon
  • Bow, NH
Posted
I recently learned that NH has passed a law requiring property owners to abate any lead paint if children in the home are tested as lead poisoned. At the start of the school year, all hidrem are now going To be tested. lAs a father of four, I cannot say I’m against this law. The next step I read is that the threashold to be considered poisoned is going to be reduced considerably, once again I’m not entirely against this. What concerns me as I’m looking for my first property is that in NH, the standard is the “I know nothing” disclosure Is on a path to obsolescence. I don’t want to end up with a handful of properties in the near future and be looking at abating them all to the toon of 10-15k each. Can anyone from NH weight in on this? what have you seen in your local markets?

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Matt Lefebvre
  • Real Estate Broker
  • Manchester, NH
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630
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Matt Lefebvre
  • Real Estate Broker
  • Manchester, NH
Replied

@John McKinnon I'm intimately familiar with this law... it was a huge hot button issue in NH last year.  A lot of large landlords I know, testified to the State Congress against the initial proposal and ultimately it got boiled down into its current form, but it still has somewhat changed the perception in the market.  

Here's my two cents.  First off, its always been a law (since 1978) that you have to abate lead paint if children test lead positive above the threshold.  That's been the spirit of the law to ensure kids don't get lead poisoning.  For reference, the bill is SB247 if you want to read the full text of it.  However, the trigger events for this have become easier to have occur (they lowered the required lead level from 10 micrograms per Liter to 7.5 micrograms per Liter in a child's blood) and universal screening was implemented, causing the number of tests to go up.  This translates to a perfect storm causing a spike in proof that lead poisoning is happening and by design, should be increasing the number of lead abatement orders issued on properties.  

With that being said, its not all doom and gloom.  Let's be real... as much as the government wants to make lead paint disappear tomorrow, there's absolutely no way to make it go away tomorrow, next year, next decade, or maybe even in the next century.  The sheer cost associated with lead abatement at the scale required to ensure ALL lead paint disappears from housing would be astronomical and would bankrupt almost every landlord in the state if an order was handed down to make it all happen.  The vast majority of rental properties in major cities in NH (Manchester, Nashua, Concord, Rochester, Lebanon, Keene, etc.) are built pre-1978 and in many cases, pre-1920.  There is some value to buildings being sold that are lead free and have certificates showcasing that, however, that's still a rarity.  

Property management is really a risk management business.  As long as you understand how lead poisonings occur and you take steps to reduce potential lead hazards, you take a lot of the risk out of lead paint and create a safer environment for children.  Its rarely economically feasible to fully abate a building... but what it is feasible to do is spend a few hundred dollars or thousand dollars extra per "turnover" and deal with high risk areas.  Triple coating windowsills in a lead encapsulating paint... repainting "friction points" (think doorjambs, old cabinet doors, etc.)... repainting old wooden porches/decks... all of these things can reduce the potential lead hazard without breaking the bank.  

Obviously the 100% safest option is to fully abate, but the costs associated with it aren't always feasible when it doesn't make you any extra rent, barely adds value to the sale of the building, and isn't a requirement by the state.  

I'm not an expert on the law... always seek advice from a lawyer if you want the 100% legal and correct answer... but this is what I've seen from personal experience and from experience with property managers I know and work with.  I could go on and on about this for hours... but if you have more specific questions give me a shout and I'd be happy to talk more about it or direct you to people more knowledgeable than me.  

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