Property Condition Assessments
KWhite Engineering’ Property Condition Assessment (PCA) is a comprehensive due diligence service designed to meet the objectives for your real estate portfolio, whether you represent a commercial real estate owner or manager, institutional investor or investment banker. KWhite Engineering works with clients to understand those objectives, to develop scopes and formats to serve those needs, and to deliver comprehensive and high quality property condition reports.
Our property condition reports contain information about a structure its components which are vital to investment and financial decision-making. The property condition Assessment and corresponding report provide appropriate due diligence in a real estate transaction with regards to a property’s physical condition. Our property condition reports comply with ASTM 2018, Standard Guide for Property Condition Assessments. If necessary to suit your special needs or time constraints, we can offer customized or abbreviated property condition reports and formats.
Scope of Work
The scope of our investigation is designed to address the unique concerns and risk tolerance of our clients. We provide a list of current deficiencies and areas of deferred maintenance along with the cost to cure these deficiencies. At the end of our report is a table of capital reserve requirements. In our standard property condition report, we evaluate the following:
Site Improvements:
- Paving
- Concrete Flatwork and Curbing
- Stormwater Drainage
- Signage
- Site Lighting
- ADA Accessibility
- Site Amenities
- Landscaping
Building Components:
- Foundation Systems
- Superstructure
- Roof Structure
- Building Envelope
- Roof Surface(s)
- Interior Finishes
Building Systems:
- HVAC Systems
- Plumbing
- Electrical
- Vertical Transportation
- Fire Suppression and Related Equipment
Other:
- Interviews
- Regulatory Review
- Plan Review