Property Condition Assessments

Property Condition Assessments

CONTACT US

Property Condition Assessments

According to ASTM Standard ASTM E2018 – 15, a commercial Property Condition Assessment (PCA) summarizes “the physical condition of real property improvements on a specific parcel of commercial real estate.” Property Condition Assessments are typically completed as part of a property transaction and are often done along with a Phase I Environmental Site Assessment. 

Unlike most other environmental firms, ECG provides both Property Condition Assessments and Phase I Environmental Site Assessments. When both are needed, ECG can complete the field work for both of these services within a single site visit, simplifying the process, and saving the client time and money.

PCAs are used for:

  • Negotiating the purchase price of a property
  • Capital or strategic planning
  • Loan approval
  • Predictive/preventive maintenance
  • Insurance evaluations 

Environmental Consulting Group ’s PCAs involve a:

  • Document review (drawings, maintenance records, etc.)
  • Walkthrough survey of the property
  • Preparation of estimates for recommended major repairs or replacements
  • Summary of findings and costs for recommended repairs in a written report
Contact ECG at 800-282-2084 to discuss your PCA project.
Share by: