ACCURATE PROPERTY VALUATIONS

Comprehensive Property Condition Assessments

Few consulting firms comprehend the total acquisition process and can provide adequate safeguards against the financial risk owners and lenders face with each transaction. RAA reduces this risk by providing detailed and accurate condition assessments for property acquisitions or disposition. Our services include the evaluation of major building systems, building envelope, and site improvements in accordance with ASTM E2018 Standard Guide for Property Condition Assessments.

Scope

  • Evaluate the existing physical condition of the property

  • Identify incomplete, defective or non-compliant construction

  • Provide life cycle cost reviews and replacement reserves

  • General code conformance reviews

  • Life safety and fire suppression system deficiencies

  • ADA and FHA accessibility compliance

  • Elevators and materials handling equipment

  • Governing jurisdiction file research and interviews

  • The extent of defects, depreciation and the cost to correct the deficiencies observed

  • Recommendations for component repair or replacement

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