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<br />Main and Gates TIF Analysis Page 1 of 2 Building Report <br />LHB Project No. 190549 326 Gates Ave NW - Residence <br />Main and Gates TIF Analysis <br />Building Code, Condition Deficiency and Context Analysis Report <br /> <br />Building Name: Residence <br />Address: 326 Gates Ave NW, Elk River, MN 55330 <br />Parcel ID: 75-401-0105 <br />Inspection Date(s) & Time(s): August 14, 2019 10:00 am <br />Inspection Type: Interior and Exterior <br />Summary of Deficiencies: It is our professional opinion that this building is Substandard <br />because: <br />- Substantial renovation is required to correct Conditions found. <br />- Building Code deficiencies total more than 15% of <br />replacement cost, NOT including energy code deficiencies. <br /> <br /> <br />Estimated Replacement Cost: $165,096 <br />Estimated Cost to Correct Building Code Deficiencies: $31,730 <br />Percentage of Replacement Cost for Building Code Deficiencies: 19.22% <br /> <br /> <br />Defects in Structural Elements <br /> <br />1. None observed. <br /> <br /> <br />Combination of Deficiencies <br /> <br />1. Essential Utilities and Facilities <br />a. None observed. <br /> <br />2. Light and Ventilation <br />a. The HVAC system does not comply with code. <br /> <br />3. Fire Protection/Adequate Egress <br />a. Exterior stairways do not comply with code. <br />b. Interior stairways do not comply with code. <br />c. Smoke detectors do not comply with code. <br />d. There are no code-required Arc Fault Circuit Interrupters <br />e. There are no code-required carbon monoxide detectors. <br /> <br />4. Layout and Condition of Interior Partitions/Materials <br />a. Flooring is of irregular heights and does not comply with code for emergency egress. <br />b. Interior ceiling tile is water stained from a roof leak and should be replaced. <br />c. There is mold present on the basement walls. <br /> <br /> <br />