PROPERTY CONDITION ASSESSMENT
PROPERTY CONDITION ASSESSMENT
We can inspect and evaluate the structural conditions and prepare a report to fit your needs...
BUSTAMANTE ENGINEERS INC. has over 25 years of experience in all types of due diligence inspections.
Take advantage of our expertise by allowing us to perform a Property Condition Assessment for such property types as commercial and retail buildings, offices, warehouses, high-rise, retail, mixed-use, restaurants, and shopping centers. After a building owner or purchaser contacts our office, we prepare a proposal to outline the scope of work necessary to meet the client’s needs. Our goal is to provide the utmost professional services and deliver a comprehensive report so the client can meet their financial needs and due diligence requirements.
The standard of care is in accordance with the Property Condition Assessment (PCA), with ASTM 2018. This standard is often appropriate to complete due diligence in a real estate transaction and complies with industry standards that many lenders require. As with any real estate transaction, the client may not need an ASTM-compliant report. We can prepare a report to fit your needs.
Often times the financial institution wants the purchaser to have a 5 or 10 year financial plan. An integral part of the PCA is the Replacement Reserve Table, which includes immediate repair costs and long-term (10 year) assistance with budgets.
Typical Components of the PCA:
Site Improvements:
- Paving
- Concrete Flatwork & Curbing
- Stormwater Drainage
- Signage
- Site Lighting
- ADA Accessibility
- Site Amenities
- Landscaping
Building Systems:
- HVAC Systems
- Plumbing
- Electrical
- Vertical Transportation
- Fire Suppression System
Building Components:
- Foundation Systems
- Superstructure
- Roof Structure
- Building Envelope
- Roof Surface(s)
- Interior Finishes
Other:
- Interviews
- Regulatory Review
- Plan Review
