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Environmental Site Assessment Is the Best Way to Make a Smart Investment

With over a decade of experience assessing a wide array of commercial, industrial, and multi-family properties throughout the province of Alberta, The Vista team has walked through a property like yours before and can get a report in your hands quickly and cost-effectively. To know more about ESA Alberta, visit us now at https://www.vistaenvsci.com/

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Environmental Site Assessment Is the Best Way to Make a Smart Investment

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  1. Environmental Site Assessment Is the Best Way to Make a Smart Investment

  2. If you're planning to buy or refinance a property you already own, it's important to know that your money will be well spent. One way to ensure this is by conducting an environmental assessment of the property you plan to purchase or refinance. An environmental assessment is a thorough examination of the property to ensure that it is safe and free from hazards such as mold and asbestos. Environmental site assessment involves two phases: Phase I and Phase II. If you choose a Phase I assessment for your property, and nothing is found to indicate environmental hazards, then you will not have to move on to the second phase. However, if there is any indication that certain hazards exist, a more detailed examination of the property will be necessary. Phase I Assessment A Phase I assessment of your commercial or residential property is the first step you will take in order to ensure that the property is safe and worth investing in. When you choose to go through with this, an environmental consultant will take long look at the property in order to identify any hazards that might devalue the property and make it unsafe. This usually begins with testing for mold and asbestos. A Phase I assessment also often includes:

  3. A review of property records to determine prior property usage • An examination of surrounding properties to identify environmental risks • A review of local, state, federal, and tribal records pertaining to the property • An examination of aerial photos to determine water drainage and runoff • Phase II Assessment • If the Phase I assessment showed any indication of hazards on your property, then you will be advised to go through further environmental assessments. A Phase II assessment is the next step, and it's a more rigorous examination of the property. This type of environmental site assessment is going to require testing of the property's building materials, soil, and groundwater. In addition, Phase II assessment often includes:

  4. Installing groundwater monitoring equipment • A chemical analysis of samples taken from the site • A remediation plan designed to remove the environmental hazards at the site • As you can see, environmental assessments are important in helping buyers and sellers understand just how safe a property is. If you're considering purchasing a residential or commercial property, contact environmental consultants in your area for an assessment as soon as possible. • The Vista team has over a decade of experience conducting 750+ Environmental Site Assessments throughout Alberta, BC and Saskatchewan. For more information related to Environmental Site Assessment and Phase 2 Environmental Site Assessment, visit us now.

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