(Initial Property Assessment)
Evaluates the condition of a property and whether it fits your investment strategy. It is a quick and cost effective way to determine renovation cost and scope of repairs. It is used to decide whether to renovate or not.
- Recommendations of the estimated cost of repairs
- Quickly evaluates the property (generally takes about 1-1 1/2 hour at the site)
- Low Cost – high return
- Determines real cost (true contractor market cost of the project)