
Property Condition Assessment (PCA)
A Property Condition Assessment (PCA) is a thorough inspection of a building’s physical state, typically conducted before purchasing or financing real estate. It identifies existing issues, potential risks, and areas needing repair or maintenance, covering aspects like structure, systems, and overall safety. The goal is to provide a clear understanding of the property's current condition, helping investors, lenders, or owners make informed decisions and plan for future expenses. Essentially, a PCA offers a professional snapshot of the property's health, reducing surprises and ensuring transparency in real estate transactions.