Asset Economics is a leading dilapidation report expert, offering professional services to clients across various industries. With extensive experience in the industry, Asset Economics has established a strong reputation for delivering high-quality and accurate Dilapidation Reports, providing clients with a detailed assessment of the condition of a property prior to the commencement of construction work.

The team at Asset Economics is composed of highly skilled professionals who are equipped with the necessary knowledge and expertise to ensure that every Dilapidation Report is delivered to the highest standard. They use the latest technology and tools to carry out inspections and assessments, providing clients with comprehensive and reliable reports. Whether it is for a large-scale construction project or a small renovation, Asset Economics is dedicated to providing clients with the best possible service and ensuring that they have the necessary information to make informed decisions.

What is a Dilapidation Report?

A Dilapidation Report is a detailed assessment conducted by professionals to document and report on the existing condition of a building, infrastructure or surrounding environment. The report aims to identify any existing defects or damages before any new construction work begins in the vicinity. Dilapidation Reports are typically conducted before construction work commences to protect the interests of all parties involved, including property owners, contractors, and developers. The report will include written and photographic evidence of the current state of the property, such as cracks, leaks, and other structural issues. Dilapidation Reports are an essential tool to manage risks associated with construction activities and ensure that any damage resulting from construction work can be identified and attributed accurately.

Why do you need a dilapidation report?

A Dilapidation Report is needed for several reasons.

Firstly, it provides a comprehensive and detailed record of the condition of a building, infrastructure, or surrounding environment before any new construction work commences in the vicinity. This record protects the interests of property owners, contractors, and developers by ensuring that any existing defects or damages are identified and documented before construction work begins.

Secondly, a Dilapidation Report helps to manage risks associated with construction activities by providing a baseline of the existing conditions of the property. If any damage occurs during construction, the report can be used to accurately attribute responsibility and liability.

Finally, a Dilapidation Report is often a legal requirement for construction projects in certain areas or for certain types of development, ensuring compliance with regulatory requirements.

dilapidation report

When is a dilapidation report required?

A Dilapidation Report is an important tool to document and report on the existing condition of a property, manage risks associated with construction activities, and ensure compliance with regulatory requirements.
A Dilapidation Report is typically required before any new construction work begins in the vicinity of a property. This includes construction work on adjacent properties, major excavation work, or any activity that may potentially impact the structural integrity of a building or infrastructure. Property owners, contractors, and developers may also request a Dilapidation Report to protect their interests and manage risks associated with construction activities. In some cases, local councils and regulatory bodies may require a Dilapidation Report as part of the planning and approval process for construction projects.

How Can Asset Economics Help?

Asset Economics are professionals in performing dilapidation surveys and reports. Our team are experts in conducting independent inspections of properties adjoining major construction works. Over the years we have carried out many inspections of properties adjoining development earthworks, bridge or road construction, high rise developments, shopping centres and government infrastructures.

We inspect prior to construction commencement and again at the completion of the project. We provide a written dilapidation survey with photographic evidence to ensure any existing damage is not falsely claimed against the contractor involved in the construction works.

In our experience, many projects property owners have lodged a claim for damage that was supposedly caused by the construction work. Thanks to our extensive documentation of the properties, the damage was proved to be evident at the time of the first inspection, prior to the commencement of the work. Needless to say, the companies involved were able to have the claims dismissed.

Need a dilapidation report? Get in contact.

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