Why a Property Condition Assessment?

Friday, July 31, 2009 by Re-Start Services
A Property Condition Assessment (PCA) is generally undertaken in order to assess the integrity of any number of improvements and systems on improved real estate.  These might include, for example, the roofing, HVAC, plumbing and electrical systems, exterior walls, and ADA compliance. The specific items that are included in any given PCA; however, are a function of the needs and interests of the client.

The PCA report will list and recommend solutions to problems or deficiencies that were identified during the assessment. One recent PCA conducted by the RE-Start team identified a problem with the roof membrane, code violations in the electrical closet and several problem areas in the asphalt parking lot. The report suggested steps and cost estimates to mitigate the problems.

Other items of interest might relate to the client's intended future use of a property, such as expanding the size of the building, and the specific issues that might be encountered during such the expansion.

While a Property Condition Assessment cannot eliminate risk in the purchase of a property, it will certainly reduce that risk by putting the client on notice of any variety of concerns and potential problems.

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