Lethbridge Commercial Inspection
Property Condition Assessment StandardsSTANDARD FOR PROPERTY CONDITION ASSESSMENTS
In August of 1999, the American Society for Testing and Materials (ASTM) published a Standard E2018-99, which defined “good commercial and customary practice for conducting a baseline Property Condition Assessment (PCA).” This standard was specifically written for commercial real estate and largely intended for commercial real estate transactions. The Standard was updated in November of 2015 and renamed E2018-15.
This standard is the protocol for due diligence building inspections. This protocol makes it easier for those involved with commercial real estate transactions, as the report contents and format have been well defined.
- 1. Perform document review when available(drawings, maintenance records, etc.).
- 2. Perform a visual, walkthrough survey of the property.
- 3. Prepare costs for remedies recommended.
- 4. Document findings and costs for recommended repairs in a written report.
- • Opinions of probable costs only for repairs likely to exceed $3,000. These costs should be for immediate repairs (within one year) and for short-term repairs (within one to two years).
- • Estimates of remaining useful life for building components.
- • Photographs of typical building elevations, major systems and major deficiencies noted.
The entire Standard is 21 pages long and available from ASTM at their website, www.astm.org
The components and systems that are visually assessed are:
Roofing, Exterior, Structure, Plumbing, Electrical, Heating, Air Conditioning, Ventilation, and interior.
If you are thinking of buying or selling commercial property in Lethbridge, a building inspection from qualified A Trained Eye Home and Property Inspections inspectors will save you from costly surprises during real estate negotiations. We will ensure that your property is in compliance with Lethbridge fire and regulatory codes.
A Trained Eye Home and Property Inspections commercial building inspections include a professional evaluation of:
Foundations and basements
Any issue with a foundation often has consequences for the rest of the structure. A shift in the foundation will cause a loss of integrity which will become an expensive repair. Moisture issues are also of specific importance when inspecting a basement as excess moisture can lead to mold.
Load bearing walls must be in prime condition but there is more than just that. Insulation and the buildings ability to stop heat transfer is immensely important to the overall functionality of the property. We verify the following:
Whatever material used on the exterior of the building is its main form of protection against the elements. If the exterior is compromised, then further inspection is required to find out just how extensive the damage is.
Roof structures and overhangs
If a roof is not properly protecting its occupants or the structure, it can lead to unforeseen water damage and result in costly repairs.
Electrical distribution systems
Is everything up to code? Are the electrical needs of the occupants met? Is it energy efficient?
Heating and cooling systems
HVAC systems are crucial to the welfare of a building’s occupants. However, larger buildings have extensive ductwork and if there is a problem that means that certain areas are not getting the appropriate amount of efficient climate control.
Is your home experiencing leaks, constantly running toilets or clogged drains? How old are the pipes? There are many plumbing issues that you need to know about before you buy.
These are only a few of the services we perform on the commercial buildings of Lethbridge. For a more complete understanding please feel free to contact us!
An official A Trained Eye Home and Property Inspections inspection includes a complete written report that details the precise condition of a building in Lethbridge based on a number of factors:
Commercial Inspection Vs Residential Inspection
Inspection services for commercial buildings in Lethbridge differ slightly from residential inspections by providing a full in-depth analysis of a range of factors useful to realtors, investors, contractors and other building professionals. A Trained Eye Home and Property Inspections inspectors place personal safety at the forefront of each inspection and provide information that helps property holders ensure that their buildings are free from insect infestation, fire hazards and are structurally intact.
A Trained Eye Home and Property Inspections provides inspections in Lethbridge for a variety of commercial buildings including:
Accurate Inspection for All Commercial Buildings
Qualified to provide reliable services for a variety of commercial structures, ranging from new constructions, to heritage buildings, A Trained Eye Home and Property Inspections’s highly skilled inspectors have years of experience that property owners can rely on for important investment decisions. Call us for more information and to schedule an appointment.