Cost to Cure
HPI Enterprises provides comprehensive commercial property inspection services in Winston-Salem, Mocksville, Charlotte, Blue Ridge, the Piedmont, the Triad, the Triangle, the Coastal area, and all throughout North Carolina. Contact us, today!
Cost To Cure
A cost-to-cure table is a table that compiles construction cost estimates (CCEs) for immediate improvements and enhancements to a property based on the findings of a commercial property inspection report.
It helps clients determine the necessary funds to set aside to cover immediate expenses. CCEs refer to a collection of repair-and-replacement cost estimates gathered from a reputable source that takes into account current, local, and seasonal prices for labor, time, equipment, and materials. Some sources for CCEs include RS Means, Repair Pricer, Marshall and Swift, and local contractors and tradespeople.
Benefits of a Cost-to-Cure Table
Commercial property inspections determine the overall condition of a property, while cost-to-cure reporting services go a step further by providing insight into the financial picture of the property as an asset. The benefits of this service can vary, depending on the client. Those clients who perform their due diligence when purchasing a commercial building can use the table to negotiate repairs, a lower price, and the first year of maintenance.
Examples of Cost-to-Cure Table Items
The most common items identified in an inspection report and cost-to-cure table are those items considered to be part of “The Big Three.” These are the three items that are typically considered the most costly to repair, maintain, and replace: parking areas, HVAC, and roofing.
In this case “The Big Three” would be addressing the poor drainage, HVAC and Roofing.
Professional Standards & Ethics
We provide professional commercial property inspections performed in accordance with the Commercial Standards of Practice (ComSOP®) developed by the Certified Commercial Property Inspectors Association (CCPIA). We are also members of InterNACHI and adhere to their Standards of Practice and strict Code of Ethics. Contact us today to schedule your licensed and certified commercial inspection.
Our senior inspector (Harry Hacker) is a Certified Commercial Inspector trained through the Certified Commercial Properties Inspectors Association (CCIPA), and is a Licensed NC Building Inspector trained through the American Home Inspection Training Institute (AHIT), and is a Certified Radon Inspector through Inspector Nation. Protect your investment and your profitability with a commercial property inspection. Schedule now or give us a call at (336) 618-7653.
Contact Us
HPI Enterprises provides licensed and certified commercial inspection services in the following areas throughout North Carolina:
Mocksville, Charlotte, Blue Ridge, Winston-Salem, Greensboro, Raleigh, Durham, Charlotte, Lexington, High Point, Blowing Rock, Hickory, the Piedmont, the Triad, the Triangle, and the Coastal area
Have more questions?
Feel free to call, email, or reach out through the contact form to schedule an inspection. We look forward to getting the opportunity to work with you.
Phone: (336) 618-7653
Email: info@hpieinspections.com
Phone
NC License
#5015
Location
Winston-Salem, NC
HPI Enterprises | Winston-Salem, NC
NC Licensed Commercial Inspector
Harry Hacker | CCPIA License: #001936