What is a Property Condition Assessment?
A Property Condition Assessment (PCA) is a due diligence assessment documenting the building’s physical condition. PCAs provide valuable information on the condition of the property or real estate that may be purchased, leased, refinanced or simply to understand future maintenance.
Our team of experts performs visual inspections of the site and building(s) to identify physical deficiencies that could have an adverse effect on the property’s cash flow, function, or marketability. A Property Conditions Report (PCR) will be issued on the conditions of the inspected structures, facilities, and equipment. The PCR will include budgetary cost estimates for repairs and correction of deficiencies.