Why We Need Property Assessment services?



The goal of a Property Assessment is to examine and report on the physical status of the subject property and to provide professional recommendations regarding future issues including financial risk or liability to the client.

Systems surveyed in a Property Assessment will include the following:

  • Site and Grounds – pavement, curbs, loading docks, walks, landscaping, irrigation, site drainage, exterior lighting, walls, fencing/railings, signage, and exterior amenities.
  • Structural Systems – Foundations and structural framing of walls, columns, intermediate floors, and roofs.
  • Building Envelope – Roofing systems, exterior finishes, stairs and steps, exterior doors, and windows.
  • Interior Building Components – Interior finishes of common areas and tenant areas. The condition of soft goods will not be assessed.
  • Mechanical Systems – Property-owned electrical, heating ventilation/ air conditioning, plumbing, and conveyance systems.
  • Regulatory Compliance – Life safety, fire suppression systems, and general visual review of property compliance to the Americans with Disabilities Act (ADA).

Major structural, electrical, plumbing, and HVAC components of each structure, as well as site improvements, are carefully examined for condition, the status of completion, general code conformance, life cycle costs, sufficiency for their intended use, and extent of defects and depreciation in a Property Assessment report. Many companies also provide property assessment with bids.