ASTM 2018
December 14, 2021Property Condition Assessment
Property Condition Assessments and Reports
Repair costs, taxes and reserve requirements for investment properties can be estimates based on the condition of the property. Home and Commercial Inspections provides full service property condition assessments (PCAs) and property condition reports (PCRs). During the Property Condition Assessment, Home and Commercial Inspections commercial building inspectors will assess the building to determine where immediate repairs may be needed. A Property Condition Report is generated discussing each building system and its condition. Home and Commercial Inspections will work with the client to develop a reasonable estimate of repair costs or reserve requirements to help make informed decisions regarding current and future financial performance.
Analysis of failing systems and life safety issues to support reasonable estimates of value after repair or replacement. Home and Commercial Inspections expedite the rating agency's review process, with a report tailored to meet the scope of work defined by current Standards Guide for Property Condition Assessments: Baseline Property Condition Assessment Process.
Equity PCAs
Building owners, real estate investors, and other commercial building stakeholders often have concerns over an aging building as they begin evaluating options for renewal or redevelopment. Home and Commercial Inspection's Property Condition Assessments are tailored to the asset and the investor's concerns. Partner performs extremely thorough building assessments where all major systems are tested and evaluated. Our Building Diagnostics include: Roofing & plumbing Mechanical & electrical Systems Salability analysis
Our Home Evaluation Report is a thorough, in-depth analysis of potential homes. We do an extensive review of the property and perform an electrical diagnostic to uncover building deficiencies. Our report lists items that need repair or updating and estimated cost for each item before the client purchases the property.
Our assessment reports are known for their breadth of content, accuracy and attention to detail. Our property inspectors work hard to deliver complete and thorough reports, but we have an expert network of specialists that can back them up if needed. Home and Commercial Inspections has established relationships with the industry's top specialists in every building system.
Building Systems Evaluated
- HVAC Systems
- Plumbing
- Boilers
- Electrical
Building Evaluation
- Foundation
- Structure
- Roof
- Interior Finishes
- Building Envelope
Site Evaluations
- Pavement
- Drainage
- Signage
- Lighting
