Property Condition Assesment (PCA)

A Property Condition Assessment (PCA) provides real estate business owners and investors with a complete and detailed view of a property’s condition.

The purpose of the assessment is to observe and report on the physical condition of a property and to provide professional recommendations regarding future issues including financial risk or liability to the client.

The ASTM has outlined the PCA process and the four major components of a PCA:

• Document Review & Interviews

• A Walk-Through Survey

• Opinion of Costs to Remedy Physical Deficiencies

• Property Condition Report (PCR)

 

Our Building Systems Review will include:

• Building Site: including access, paving, grading and drainage, landscaping, lighting, parking, and other site appurtenances

• Structural systems including foundations, structural framing, and floor and roof structure

• Exterior building systems including exterior walls, windows, insulation, sealants, doors, frames, and hardware

• Roofing

• Interior improvements including building common area finishes and fixtures and typical tenant finishes, such as flooring, wall finishes, ceiling systems, doors, frames, hardware, restroom fixtures, and window treatment

• Heating, ventilation, and air conditioning

• Plumbing systems

• Electrical systems

• Life Safety/Fire Protection systems  

• Accessibility provisions

 

The end work product of a PCA will be the Property Condition Report (PCR) given to the client.

For each physical deficiency found, the PCR will have photo documentation, a description of the condition, and an opinion of probable costs to remedy. A 3D walk-through survey will be included.