Building Condition Reports
Building Condition Assessments and Capital Needs Assessments provide building stakeholders with comprehensive reports outlining the physical condition of a building. Our due diligence reports identify physical defects and property liabilities related to building systems and components. These reports empower our clients to make informed decisions about their brick-and-mortar assets. Our objective reporting identifies opportunities to modernize and upgrade building systems/components.
Our practical recommendations and opinions of cost are broken down into three (3) categories:
Immediate (Life Safety/ADA Compliance/Detrimental Physical Defects)
Short Term (1-2 year action time)
Capital Reserves (Major building systems scheduled over several years)
Our reports meet or exceed commonly used industry standards, including ASTM E-2018-15. We prepare reports that are not overly technical with informative documentation, photographs, and if desired, cost details for you to make informed decisions.
Benefits of Building Condition Assessments
Capital Expense & Budgeting
Rehabilitation Planning
Purchase Negotiation
Operations & Maintenance Planning
Energy Retrofit
Reduce Utility and Operating Cost
Refinancing
Make Informed Decisions