EXCON Building Assessment Risk Analysis: Do You Know the Condition of Your Buildings?
Qualified risk analysis for buildings, real estate portfolios, and water-carrying systems: The EXCON Building Assessment provides transparency regarding the technical condition of buildings and real estate of all kinds. The focus is on the qualified assessment of water-carrying systems, the systematic collection of relevant risk parameters, and the objective classification of building risks.
For insurance companies, banks, and real estate firms, EXCON provides a reliable basis for decision-making—from individual properties to entire real estate portfolios. Using the EXCON Base Score, the collected risk parameters are converted into an objective risk classification. This enables clients to identify early on which buildings pose increased risks, where action is needed, and which measures should be prioritized.
Identifying Building Risks Before Damage Occurs
Risks related to tap water, plumbing, and maintenance often go undetected for a long time in many buildings. They frequently only become apparent once damage has already occurred—for example, due to leaks, moisture, corrosion, outdated plumbing, or inadequately maintained water-carrying systems. Particularly in older buildings, complex real estate portfolios, cases of pre-existing damage, or situations with incomplete documentation, there is often a lack of an objective basis for assessing the actual condition of the building.
This is exactly where the EXCON Building Check comes in: It identifies and categorizes risks, documents the condition of the relevant systems, and makes technical building risks comparable.
Who should consider the EXCON Building Check?
For Insurance Companies
Insurance companies need reliable information about the condition of buildings that are insured or to be insured. The EXCON Building Inspection supports risk assessment, risk selection, loss prevention, and portfolio management.
Typical questions:
- Which buildings pose an increased risk of water damage from plumbing?
- Which previous claims indicate recurring causes?
- Which properties should be inspected more closely, renovated, or reevaluated from a risk perspective?
- How can preventive measures be documented in a transparent manner?
The EXCON Building Inspection provides insurers with a standardized and expert basis for assessing building risks, particularly in the area of water-carrying systems.
For Banks and Lenders
Banks and lenders evaluate real estate not only based on location, market value, and yield, but increasingly also based on technical risks. Hidden risks related to systems or maintenance can affect a property’s value, the security of financing, and future investment needs.
The EXCON Property Assessment supplements the economic real estate valuation with a qualified technical risk perspective.
Typical areas of application:
- Real estate financing
- Collateral valuation
- Due diligence for purchases or refinancing
- Assessment of renovation and follow-up cost risks
- Technical assessment of existing properties
For Real Estate Companies
Real estate companies, asset managers, property owners, and property managers need transparency regarding the condition of their properties in order to plan maintenance measures effectively and prioritize risks within their portfolios.
The EXCON Building Inspection makes technical risks visible, comparable, and manageable.
Relevant use cases:
- Maintenance planning
- Portfolio analysis
- Purchase and sale due diligence
- Operator responsibility
- Damage prevention
- Prioritization of measures
- Documentation of building condition
Additional Applications for Financial Institutions
For banks and lenders, the EXCON Property Assessment can be used not only in the context of financing, refinancing, or technical due diligence. It also provides valuable information on the actual condition of a property in cases of high-risk exposures, increased collateral risk, or non-performing mortgage loans.
In conjunction with our ImmoWorkout service, this creates a comprehensive basis for decision-making: from the technical risk profile to securing the property and its potential disposition. This opens up additional areas of application for banks and lenders:
- Valuation of collateral in the portfolio
- Review of suspicious real estate exposures
- Technical assessment in cases of increased default risk
- Support for non-performing mortgage loans
- Preparation for collateralization and foreclosure decisions
What is checked during a home inspection?
The focus is on assessing the condition of water-carrying systems and installations. This includes, in particular, installations and areas of the building that could be relevant to tap water damage, moisture damage, or consequential damage.
The following items, among others, are inspected and evaluated:
- Water-carrying systems and installations
- Pipe routing, connections, and joints
- Condition of the installation
- Signs of aging, wear, or defects
- Previous damage and recurring damage patterns
- Unused branches of the piping system
- Technical rooms and accessible areas of the system
- Abnormalities related to moisture, leaks, or corrosion
- Documentation status and observable maintenance status
- The inspection is conducted in a standardized manner by qualified, independent experts and is documented uniformly.
Systematic Risk Analysis Instead of Subjective Assessment
The EXCON Building Inspection is more than just a simple visual inspection. Relevant risk parameters are systematically recorded, professionally assessed, and transparently documented.
These include, among others:
- Building type and use
- Year of construction and level of modernization
- Age and condition of water-carrying systems
- Previous damage and damage history
- Maintenance and repair status
- Unused pipe branches
- Visible technical anomalies
- Accessibility and quality of documentation
- Recommendations for necessary measures
This information is used to create a comprehensive risk profile of the building. This provides our clients with a solid foundation for assessing risks, prioritizing measures, and documenting decisions in a transparent manner.
Objective Risk Classification Using the EXCON Basis Score
A key element of the building inspection is the EXCON Basis Score. The risk parameters collected during the inspection are evaluated using a mathematical-statistical scoring model and converted into an objective risk classification.
The EXCON Basis-Score makes building conditions comparable, regardless of whether a single property, a larger portfolio, or an entire real estate portfolio is being considered.
Your benefits:
- Consistent assessment of building risks
- Comparability across multiple properties
- Objective classification instead of purely subjective assessment
- Prioritization of necessary actions
- Transparent basis for decision-making for insurers, banks, and real estate companies
- Traceable documentation for internal and external stakeholders
- This transforms the technical condition assessment into a manageable risk management tool.
Transparent Documentation with Building Photos and Risk Classification
Following the building inspection, clients receive standardized and transparent documentation of the inspection results.
Depending on the scope of the assignment and the property, the documentation includes, among other things:
- Building photos and photographic documentation of relevant areas
- Description of the inspected water-carrying systems
- Recording of relevant risk parameters
- Assessment of pre-existing damage and anomalies
- Evaluation of the condition of maintenance and installations
- Risk classification of the building
- EXCON Base Score
- Individual recommendations for necessary measures
- Technical summary of the results
The result is not a loose list of defects, but a structured basis for decision-making regarding risk management, damage prevention, financing, property management, and maintenance planning.
The EXCON HomeCheck Process
- Project Definition and Engagement: At the outset, the project type, scope, objectives, and relevant framework conditions are agreed upon. This involves determining whether a single property, multiple locations, or a real estate portfolio is to be assessed.
- Standardized On-Site Inspection: Qualified specialists inspect the relevant building areas and water-carrying systems on site. Technical anomalies, visible risks, prior damage, and condition characteristics are systematically documented.
- Technical and Measurement-Based Assessment: The systems are assessed both technically and through measurement. The goal is not only to identify risks but also to classify them accurately.
- Recording of Relevant Risk Parameters: Previous damage, maintenance status, unused pipe branches, installation condition, and other risk factors are systematically recorded.
- Risk Classification Using the EXCON Basis-Score: The collected data is evaluated using the EXCON Basis-Score and converted into an objective risk classification.
- Documentation and Recommendations for Action: The results are transparently documented. Our clients receive building photos, assessments, risk classifications, and customized recommendations for necessary measures.
- Customized Consulting: Upon request, qualified EXCON experts assist you in interpreting the results, prioritizing measures, and implementing further risk management strategies.
Benefits and Typical Applications of the EXCON Building Assessment
The EXCON Building Assessment helps companies identify technical building risks early on, evaluate them in a transparent manner, and manage them effectively.
Your benefits at a glance:
- Qualified risk analysis for buildings and real estate of all types
- Technical assessment of water-carrying systems
- Identification and qualification of relevant risks
- Standardized inspection by independent experts
- Systematic recording of risk parameters
- Objective classification using the EXCON Base Score
- Consistent documentation with building photos
- Specific recommendations for necessary measures
- Consulting by qualified specialists
- Suitable for individual properties, building stocks, and portfolios
The EXCON Building Inspection is suitable for various building types and project scenarios. Areas of application include, among others:
- Residential buildings
- Multi-family homes
- Commercial properties
- Administrative buildings
- Mixed-use properties
- Existing properties
- Real estate portfolios
- Properties with pre-existing damage
- Buildings with an increased risk of tap water damage
- Properties in the context of financing, purchase, or renovation of existing buildings
Why EXCON?
EXCON combines technical inspections, standardized processes, and data-driven assessments. The combination of independent expert services, consistent documentation, and objective risk classification creates a solid foundation for business decisions. Our clients benefit from our many years of experience in assessing building and property damage risks, standardized digital inspection processes, and scalability for larger real estate portfolios.
Making Building Risks Transparent
Whether you’re an insurance company, a bank, or a real estate firm: Knowing the condition of your buildings allows you to better assess risks, plan measures more effectively, and prevent damage more efficiently. The Building Assessment provides you with a professional risk analysis for your buildings and real estate portfolios. Talk to us about your building risk analysis.
