Condition Assessments and Due Diligence

Condition Assessments

A condition assessment provides a clear overview of your property’s current condition, including which repairs will be required and when. This allows you to plan investments carefully and spread costs over the long term. We help you make informed decisions based on reliable information rather than assumptions.

Condition Assessment

A condition assessment is an overview of a property’s condition based on visual, non-destructive inspections. We assess the structures, building systems, and outdoor areas and compile our findings into a report that includes a long-term maintenance plan (PTS). Our assessments follow the guidelines published by Rakennustieto, ensuring consistent and comparable results. You receive a clear overview of the required repairs, their urgency, and estimated costs for up to ten years.

Key benefits:

• Comprehensive assessment of structures, building systems, and outdoor areas
• Proposed 10-year long-term maintenance plan (PTS), including cost estimates
• Conducted in accordance with Rakennustieto’s RT/KH condition assessment guidelines
• Supports budgeting and the prioritization of repairs

Five-Year Inspection

A five-year inspection is an interim assessment of a relatively new property, carried out after approximately five years of use and once the warranty period has ended. The inspection focuses particularly on the condition of structures and systems that, according to the maintenance manual, must be inspected and maintained by the property owner at the five-year mark. It also helps identify developing defects before they become more extensive.

Key benefits:

• Interim assessment following the warranty period
• Review of the owner’s five-year maintenance responsibilities in accordance with the maintenance manual
• Early detection of developing defects

Ten-Year Inspection

A ten-year inspection is carried out before the contractor’s ten-year liability period expires. We identify potential construction defects and hidden deficiencies, enabling the property owner to protect their rights within the required time frame. The inspection combines a condition assessment with any necessary additional investigations to provide a comprehensive evaluation.

Key benefits:

• Helps protect the owner’s rights before the liability period expires
• Identifies construction defects and hidden deficiencies
• Combines a condition assessment with additional investigations

Repair Backlog Assessment

A repair backlog assessment determines the monetary value of maintenance and repairs required to bring a property up to its target condition. We combine condition data with estimated repair costs to present the repair backlog in a clear and comparable format. The results support investment decisions and strategic property portfolio management.

Key benefits:

• Presents repair needs in monetary and comparable terms
• Supports investment decisions
• Suitable for individual properties and property portfolios

Condition Investigations

When you need reliable information about the condition of a specific structure or building system, a condition investigation provides a more detailed assessment than a general condition assessment. We use sampling, measurements, and laboratory analyses to accurately determine the need, scope, and appropriate timing of repairs—providing a sound basis for repair design.

Concrete Condition Investigations – Façades, Balconies and Courtyard Decks

Our concrete condition investigations assess the condition of concrete structures in façades, balconies, and courtyard decks, including reinforcement corrosion, concrete deterioration, and the progression of damage mechanisms. The investigation is carried out using sampling in accordance with the guidelines of the Concrete Association of Finland. It provides a reliable basis for selecting the appropriate repair method and timing.

Key points:

• Façades, balconies, and courtyard decks
• Reinforcement corrosion and concrete deterioration
• Reliable basis for repair design
• Conducted in accordance with the Concrete Association of Finland’s guidelines, including BY 42

HVAC and Plumbing Condition Investigation

An HVAC and plumbing condition investigation determines the actual condition and remaining service life of a property’s heating, water supply, and drainage systems. It is typically the first practical step in assessing the need for and timing of a plumbing renovation. We use video inspections, sampling, and measurements to determine repair needs reliably.

Key points:

• Heating, water supply, and drainage systems
• Actual condition and remaining service life of the pipework
• Basis for determining the timing of a plumbing renovation

Drainage System Camera Inspection

A drainage system camera inspection assesses the condition and performance of the subsurface drainage and stormwater systems. Blockages, settlement, and other defects are precisely located, allowing drainage problems to be addressed before they lead to moisture damage.

Key points:

• Camera inspection of subsurface drainage and stormwater systems
• Precise identification of blockages and settlement
• Helps prevent moisture damage

Moisture Survey of Wet Areas

A wet-area moisture survey assesses moisture conditions in bathrooms and other wet areas using non-destructive measurements. The survey identifies abnormal moisture levels and potential waterproofing defects at an early stage, enabling repairs before extensive damage occurs.

Key points:

• Non-destructive moisture measurements
• Early detection of moisture and waterproofing defects
• Suitable for bathrooms and other wet areas

Thermal Imaging

Thermal imaging allows us to identify heat loss, air leakage, and insulation deficiencies in the building envelope. This non-destructive method quickly reveals areas where heat is escaping or where moisture-related risks may be present. The results help target repairs effectively and improve energy efficiency.

Key points:

• Identification of heat loss and air leakage
• Non-destructive inspection method
• Supports improved energy efficiency

Sustainability Services

Our sustainability services help improve your property’s energy efficiency, reduce operating costs, and meet increasingly stringent environmental requirements. We provide practical information on how to reduce energy consumption and emissions through measures that also deliver a return on investment.

Energy Efficiency Analysis

Our energy efficiency analysis examines the property’s energy consumption, savings potential, and the most cost-effective improvement measures. We combine consumption data with information on the condition of the structures and building systems, as well as the costs and payback periods of the proposed measures. You receive a prioritized roadmap for improving energy efficiency.

Key points:

• Analysis of energy consumption and savings potential
• Improvement measures with estimated payback periods
• Prioritized roadmap

Energy Performance Certificate

We prepare a statutory Energy Performance Certificate that indicates the building’s energy efficiency rating and standardized energy consumption. The certificate is typically required when selling or leasing a property and also includes recommendations for improving its energy efficiency.

Key points:

• Statutory Energy Performance Certificate
• Energy efficiency rating and standardized consumption
• Required when selling or leasing a property

Energy Audit

An energy audit is a comprehensive assessment of the property’s energy and water consumption and its potential savings. We inspect the building and its systems on site, identify efficiency measures, and evaluate their financial viability. The audit is suitable for both individual properties and larger property portfolios.

Key points:

• Comprehensive assessment of energy consumption
• Efficiency measures and financial viability
• Suitable for individual properties or property portfolios

Due Diligence Services for Property Transactions

In a property transaction, it is essential to understand exactly what is being bought or sold. Our Due Diligence services provide all parties with an independent, evidence-based assessment of the property’s technical condition, environmental risks, and floor areas. These assessments support pricing, negotiations, and risk management for both acquisitions and disposals.

Technical Due Diligence (TDD)

Technical Due Diligence is a technical assessment conducted as part of a property transaction. It provides a consolidated overview of the condition of the property’s structures and building systems, required repairs, associated risks, and estimated costs. We provide an impartial report that supports pricing, negotiations, and risk management.

Key points:

• Technical condition and repair requirements
• Identification of risks and associated costs
• Supports pricing and negotiations
• Standards: RICS or ASTM E2018-24, as applicable

Environmental Due Diligence – Phase I

Phase I Environmental Due Diligence is a preliminary assessment of a property’s environmental risks based on documents, public records, and a site inspection. We identify potential contamination risks affecting the soil and structures, as well as other environmental liabilities, and assess the need for further investigation.

Key points:

• Preliminary assessment of environmental risks
• Review of documents and public records, supported by a site inspection
• Assessment of the need for further investigation
• Standard: ASTM E1527-21

Environmental Due Diligence – Phase II

Phase II Environmental Due Diligence further investigates risks identified during the Phase I assessment through sampling and laboratory analyses. We determine the potential extent of contamination in the soil, groundwater, and structures and assess the need for remediation and the associated costs.

Key points:

• Sampling and laboratory analyses
• Extent of contamination and need for remediation
• Cost estimates to support decision-making
• Assessment in accordance with the Finnish Government Decree on the Assessment of Soil Contamination and Remediation Needs (214/2007) and ASTM E1903-19

Floor Area Measurement

We measure the property’s floor areas accurately using consistent calculation principles. Accurate and up-to-date area data is essential for determining rent, valuing the property, and preparing transaction documentation. We provide clear area schedules together with illustrative floor plans.

Key points:

• Reliable floor area measurements based on consistent principles
• Supports rental calculations and property valuation
• Area schedules and floor plans
• Standards: IPMS and SFS 5139

Sustainability Services for Professional Property Owners

Target audience: Professional property owners

Our extended sustainability services are designed for professional property owners and investors, covering everything from certifications and ESG reporting to EU Taxonomy assessments and life cycle analyses. We help you meet financing requirements, fulfil sustainability reporting obligations, and enhance property value—clearly and without unnecessary complexity.

Environmental Certification (BREEAM, LEED, WELL and RTS)

We support property certification under the international BREEAM, LEED, and WELL systems as well as Finland’s national RTS Environmental Classification, covering new construction, renovation projects, and existing properties. We coordinate the certification process, compile the required documentation, and ensure compliance with the applicable criteria. Certification supports property value, marketability, and sustainability objectives.

Key points:

• BREEAM, LEED, WELL, and Finland’s RTS Environmental Classification
• Process coordination and documentation
• Supports property value and marketability

ESG Assessment

Our ESG assessment evaluates the current performance and development needs of a property or property portfolio in relation to environmental, social, and governance factors. We establish indicators and a roadmap for managing sustainability performance and reporting it consistently to investors and other stakeholders.

Key points:

• Environmental, social, and governance factors
• Performance indicators and development roadmap
• Supports stakeholder reporting
• Frameworks include IVS 2025

EU Taxonomy Assessment

Our EU Taxonomy service assesses how well a property or project meets the Taxonomy’s sustainability criteria. We evaluate compliance with the technical screening criteria and the Do No Significant Harm (DNSH) requirements and prepare the documentation required for financing and sustainability reporting.

Key points:

• Assessment against EU Taxonomy criteria
• Technical screening criteria and DNSH requirements
• Documentation for financing and reporting

Life Cycle Assessment (LCA)

A Life Cycle Assessment (LCA) calculates the environmental impacts of a building or project throughout its life cycle, from material production and construction to operation and demolition. Understanding the carbon footprint and other environmental impacts supports low-carbon design, environmental certification, and compliance with EU Taxonomy requirements.

Key points:

• Environmental impacts throughout the life cycle
• Building carbon footprint
• Supports low-carbon design

Financial and Property Value Services

We also support professional property owners with the financial aspects of ownership, including life cycle cost management and the accuracy of property taxation. We provide comparable, decision-ready information that helps keep costs under control and supports long-term value creation.

Life Cycle Cost Analysis (LCC)

A Life Cycle Cost Analysis (LCC) calculates a property’s total costs throughout its life cycle, from capital expenditure to maintenance and operation. It provides a clear and comparable view of which solution offers the best long-term value and supports investment and ownership decisions with reliable data.

Key points:

• Total costs throughout the life cycle (CAPEX + OPEX)
• Whole-life cost comparison of alternative solutions
• Standards and frameworks: ISO 15686, KTI, ESRS, and IPMS

Property Tax Assessment

Our property tax assessment verifies that your property tax is based on accurate information. Incorrect floor area, age, or classification data may result in unnecessarily high annual taxes. We identify potential errors and, where necessary, prepare a claim for adjustment—often on a success-fee basis, minimizing the client’s financial risk.

Key points:

• Verifies the information used to calculate property tax
• Identifies potential overpayments
• Often provided on a success-fee basis

Digital Services

Silmu PI is Nodetec’s strategic property management tool designed to serve all parties involved in a property. It combines engineering expertise, real-time data, and artificial intelligence in an ongoing service offered at a fixed monthly fee.

Nodetec Silmu PI – Property Intelligence

Nodetec Silmu PI is a strategic property management tool for both housing companies and professional property owners. It brings together a property’s technical and financial data in a single view, uses artificial intelligence to transform the data into actionable insights, and provides each stakeholder with a role-specific view. Silmu PI is an ongoing service offered at a fixed monthly fee, including access to the platform and regular updates to the condition assessment. Condition investigations, design services, and project management are provided as required.

Key points:

• Strategic property management tool for housing companies and professional property owners
• Ongoing service at a fixed monthly fee, including platform access and condition assessment updates
• Role-specific views for board members, property managers, asset managers, and technical experts
• Real-time and transparent overview of technical and financial performance, including PTS, CAPEX, OPEX, and the repair backlog