Comprehensive Report on ConditionsMarch 30, 2016
Estimate the Costs of Correcting DeficienciesMarch 30, 2016
During the property condition assessment, a report will be compiled for the property investors and lenders to review. The assessment itself involves evaluating certain building systems and then compiling the information from these evaluations into reports.
The sites that are evaluated are as follows:
Mechanical Building Systems
- HVAC Systems: This stands for heating, ventilation, and air-conditioning systems. Specialist HVAC engineers will test and identify system performance problems.
- Elevators: Elevator consultants will be called in to evaluate the design and functionality of the building’s total elevator systems, including traffic loads, efficiency, and code compliance.
- Boilers: Specialist hydronic system analysts will be hired to check the safety components, venting, heat source, and system circulation of your building’s boilers.
- Plumbing: Expert plumbers are brought in to check on your gas lines, drains, pumps, valves, garbage disposal, faucets, and water lines to ensure that everything is working properly.
- Electrical: Qualified electricians will enter your building and run system checks on all of your electrical areas; including power quality and wiring systems.
- Fire Suppression / Sprinkler Systems: Fire protection installation specialists will test your sprinkler or mist systems to make sure they function well and work if needed.
- Structural Building Evaluations: Structural building evaluations don’t involve the systems inside the building but the condition of the building itself. Assessing materials, faults, leaks, and degradation makes the investor aware of any repairs that need to be made on the building.
- General Structure: The general structure of the building is assessed, including load capacity, the integrity of the structure, the floor plans or schematics, and materials used in the build.
- Roof Systems: Roofing specialists are sent to inspect and create a report about the condition of the roofs on the building: including insulation, coverage, tile, panel quality and where improvements can be made.
- Interior Finishes: A structural engineer or consultant will inspect the interior finishes of the building and make recommendations based on the findings.
- Foundations: Foundation specialists will inspect the integrity of the foundations and make suggestions as to how you can reinforce or improve the foundation structure.
- Exterior Building: The exterior of the building will also be examined and inspected for faults, cracks, material quality, and codes of compliance.
- Life Safety: Your entire building will be assessed for the safety of the people inside. Checks and improvements will be done until the building is 100% safe.