Property Condition Assessments (PCA)

Sciencefield Services

BC Property Condition Assessments for Due Diligence and Planning

Sciencefield provides professional Property Condition Assessments (PCAs) in Victoria, BC, supporting property owners and stakeholders across Vancouver Island, the Gulf Islands, and the Lower Mainland. Our PCAs are prepared in accordance with ASTM E2018-24, delivering a clear understanding of a property’s physical condition.

A Property Condition Assessment is more than a checklist—it is a practical due-diligence and planning tool. Sciencefield’s PCAs provide clear insight into existing conditions, potential risks, and near- to mid-term capital considerations, helping clients make informed decisions related to ownership, acquisition, maintenance, and long-term planning.

Intended Use and Typical Clients

Property Condition Assessments for Owners, Investors, and Stakeholders in Victoria, across Vancouver Island and the lower Mainland

This service is intended for property owners, building portfolio owners, purchasers, lenders, and other stakeholders who require an objective understanding of a property’s physical condition.

PCAs are commonly used for:

  • Pre-purchase due diligence
  • Portfolio-level condition reviews
  • Baseline condition documentation
  • Capital planning and budgeting support
  • Risk identification and financial exposure awareness

The purpose of a PCA is to support informed decision-making. By clearly documenting observed conditions and anticipated maintenance or renewal considerations, a PCA helps stakeholders understand potential risks and financial exposure associated with property ownership. Sciencefield’s assessments are written to be clear, concise, and defensible, supporting confident discussions among owners, advisors, and financial decision-makers.

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250-413-7564

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info@sciencefield.ca

The Property Condition Report and Its Findings

A Property Condition Assessment combines a professional walk-through survey with a review of available documentation and background research. The resulting Property Condition Report (PCR) summarizes observed conditions of major building components and highlights issues that may warrant attention.

Rather than providing design-level analysis, a PCA delivers a high-level understanding of building condition, focusing on components that influence operational performance, maintenance planning, and capital decision-making. Where appropriate, the report may include high-level opinions of probable costs and identify areas where further investigation or specialist review could be beneficial.

PCAs do not include destructive testing, intrusive investigations, or detailed engineering analysis. Where conditions are concealed or documentation is incomplete, reasonable assumptions are applied to establish a baseline evaluation. These assumptions and limitations are clearly documented to maintain transparency and support appropriate interpretation of the findings.

Property Condition Assessments focus on readily accessible and observable components at the time of the site visit. The assessment is informed by professional judgment and available documentation, such as drawings, reports, and maintenance records, where provided.

Sciencefield’s Approach to Property Condition Assessments

Sciencefield conducts PCAs using the structured framework of ASTM E2018-24, supported by extensive experience in building science, asset management, and capital planning. Our assessments reflect a practical understanding of how buildings perform over time and how observed conditions translate into real-world planning considerations.

Document review and background research
On-site walk-throughs conducted by a professional engineer
Practical interpretation of observed conditions

Understanding Risk and Looking Forward

A key outcome of a Property Condition Assessment is improved risk awareness. PCAs highlight components approaching maintenance or replacement milestones and identify conditions that may affect long-term performance or capital planning if left unaddressed.

By understanding these risks early, property owners and stakeholders can plan maintenance strategies more effectively, evaluate financial implications with greater confidence, and prioritize further investigation where appropriate. Sciencefield’s PCAs support proactive planning while clearly identifying the limits of the assessment.

EVERYTHING YOU NEED TO KNOW

Common Questions About Property Condition Assessments (PCA)

A PCA focuses on observed conditions and material deficiencies at a point in time, while a depreciation report is a long-term capital planning document prepared for strata corporations.

Where appropriate, a PCA may include high-level opinions of probable costs, depending on scope and available information.

PCAs are not typically required by regulation but are widely used for due diligence, financing, and portfolio management purposes.

A PCA reflects conditions at the time of the site visit and should be considered in the context of property changes and ongoing maintenance.

Affiliations

Understand the Property as It Stands Today

When decisions depend on current conditions, clarity matters. Sciencefield’s Property Condition Assessments provide an objective snapshot of a building’s observable condition, helping owners and stakeholders understand material deficiencies and areas that may warrant further review.

Our PCAs support due diligence, acquisition, and planning decisions by clearly documenting observed conditions and professional assumptions at a specific point in time.