Capital Needs Assessment Certified Milwaukee Home Inspector

A Capital Needs Assessment is an inspection of the property to provide a cost estimate of maintaining a property over a 5 to 20 year time span. The assessment assists the Wisconsin property owners by setting up a budget for the projected amount of years and also informs of immediate needs on the property. By collecting data and inspecting the properties condition, the 'useful life' of items is determined.

The FANNIE MAE Useful Life Tables are intended to provide owners with an estimate of what funds will be required, based on average useful lives, for replacement of components. There are several variables which must be taken into account, such as a property which does not sustain a preventive maintenance schedule and thus will not last as long as the average life span. Conversely, if a property sustains a well-planned and practiced preventive maintenance schedule components may be placed in the next higher range.

House Detective is able to provide Capital Needs Assessment Reserve Studies. House Detective is able to provide a Replacement Reserve Analysis report to analyze the costs for your Wisconsin property over the next twenty to fifty years. House Detective looks to find structures that may provide better security for your property and analyzes your replacement reserve as it exists at the present. House Detective inspectors have a great deal of experience inspecting properties of many types, including residential homes to commercial properties of all sorts. House Detective will show you where your replacement reserve accounts works or fails throughout the term of analysis, and will show you where you may be able to lower monthly deposits to your escrow while still maintaining the correct level or replacement reserves. House Detective will work with you to provide the information critical to your property and will go over everything in detail. House Detective has experience with Capital Needs Assessment Inspections and is able to provide you real data and information to ensure the longevity of your property and the optimal useful life, without needless spending or deposits into your Reserve account.