When considering a property transaction or development, a Phase 1 Environmental Site Assessment (ESA) is a critical step. This process evaluates potential environmental risks associated with a property, ensuring compliance with environmental laws and regulations. Property DNA specializes in providing thorough Phase 1 ESAs across Alberta. This guide will walk you through the differences between…
Older buildings, while exuding charm and historical significance, can also harbour hidden dangers that pose serious health risks. Two of the most prevalent issues in such structures are mold and asbestos. Understanding how to detect, evaluate, and remediate these hazards is crucial, especially for stakeholders in the real estate and property management sectors, involved in…
In the dynamic world of commercial real estate in Alberta, understanding the nuances of property appraisal is crucial. Whether you're dealing with Alberta appraisers, exploring commercial real estate in Lethbridge, Calgary appraisals or seeking farm appraisers near you, the landscape is vast and varied. This blog post covers the pressing questions surrounding commercial appraisals in…
The field of commercial real estate is vast and filled with intricate details. When considering a property acquisition or sale in Western Canadian regions, understanding the Environmental Site Assessment, especially Phase 1, is crucial. In this blog, we’ll break down everything you need to know about Phase 1 Environmental Site Assessment and its significance in…
Environmental site assessments are not only important but can be a critical action to take in some situations. However, as there are several phases to the assessment process, it can be helpful to break down the differences between Phase 1 and Phase 2 Environmental Site Assessments to understand the purpose and work done in each.…
Although it would be amazing to be able to build anywhere, the reality is simply not the case. There are places either contaminated or unstable that aren’t suitable for structures. Accordingly, the bank has put systems in place to evaluate whether locations are suitable for construction or not known as environmental site assessments and also…
Home inspections and real estate appraisals are commonly confused. They offer some similar attributes but at their core, they are valuable for different reasons. The main similarity between the two is that an inspection and an appraisal both are unbiased evaluations for a property. Appraisals Appraisals ensure that the owner and buyer are…
Lethbridge property appraisals deliver vital information pertinent to buying and selling. Any time you are conducting a real estate transaction, it is essential to have a property appraisal completed for peace of mind. Understanding the value of your land and farm equipment can help you determine if you are asking a fair price for…
We’ve all heard it before….”Location, location, location!” Your commercial business potential can often exceed expectations with the right real estate. Having a safe, accessible and visible place for your clients to find you is priceless. Not having to ask your clients to park a mile away is another added bonus. Of course, some businesses…
You are interested in purchasing or leasing a commercial property and want to know if an environmental site assessment (ESA) is necessary when your lender requires it. Property DNA can attest that your Phase 1 Environmental Site Assessment is worth every penny. Finding out if you are purchasing contaminated land that has residual chemicals from pesticides,…