Business Details
22 Years
experience
Expert Building Engineering Assessments
Criterium-Harbor Engineers was established in 2004 by Craig D. Smith, a licensed Professional Engineer with over 25 years of experience in building systems. Our team of licensed engineers specializes in property condition assessments, capital needs planning, cost segregation studies, and energy audits across Southern Delaware and Maryland's eastern shore. We have evaluated over 2,000 buildings ranging from commercial complexes to residential properties, providing clients with actionable insights grounded in technical expertise. Our services support real estate transactions, facility management, and long-term asset planning while maintaining strict adherence to ASTM standards and LEED principles.We combine engineering rigor with client-focused communication to address complex building challenges for investors, developers, and homeowner associations. Our commitment to continuing education ensures our team remains at the forefront of building science advancements while delivering transparent, ethical solutions tailored to each client's unique requirements.
Services
Property Condition Assessments
Capital Needs Assessments
Cost Segregation Studies
Reserve Studies
Energy Audits
Details
- Year established: 2004
Highlights and features
- We have licensed Professional Engineers with 25+ years of building systems expertise
- Our team conducts field inspections for all reserve studies and assessments
- We provide customized reporting aligned with client-specific investment goals
- Our engineers hold LEED AP credentials for sustainability analysis
- Local office in Pikesville ensures regional construction cost expertise
Services
Property Condition Assessments
Our Property Condition Assessments evaluate all major building systems including structural, mechanical, and electrical components. Conducted in accordance with ASTM standards, these assessments identify immediate repairs and long-term maintenance needs while providing cost projections for investors and property managers. Our engineers deliver clear, actionable reports that support real estate transactions and asset management decisions.
Capital Needs Assessments
Capital Needs Assessments analyze building component lifespans and replacement costs over 20-year periods. This service helps property owners create financial reserves for future repairs while optimizing building performance. Our engineers combine field data with historical maintenance patterns to develop customized planning tools for commercial property managers.
Cost Segregation Studies
Engineering-based cost segregation studies identify accelerated depreciation opportunities for commercial properties. Our analysis separates building components into appropriate tax categories, maximizing cash flow through faster depreciation schedules. This service integrates with property condition assessments to provide comprehensive investment analysis for real estate transactions.
Reserve Studies
We conduct reserve studies for homeowner associations that evaluate common element conditions and replacement costs. Our licensed engineers perform site inspections to assess infrastructure, mechanical systems, and amenities while developing funding strategies that ensure long-term financial stability for community associations.
Energy Audits
Our ASHRAE-compliant energy audits identify conservation opportunities across all building systems. Level I-III assessments include utility analysis, equipment testing, and retrofit recommendations that reduce operating costs. We help clients qualify for energy incentives while improving building performance through engineering-driven solutions.
People
Craig D. Smith
Owner/Professional Engineer
Licensed Professional Engineer with 25+ years of building systems experience. Holds Bachelor of Architectural Engineering degree from Penn State University. Specializes in commercial property assessments and sustainability analysis while overseeing all office operations.
Questions
What types of properties do you assess?
We evaluate all property types including commercial buildings, multi-family housing, HOAs, healthcare facilities, and historic structures across Southern Delaware and Maryland's eastern shore.
Are your engineers licensed professionals?
Yes, all our engineers hold Professional Engineer (P.E.) licenses in Maryland and Virginia with specialized expertise in building systems analysis and LEED-certified projects.
How do property condition assessments benefit investors?
Our assessments identify immediate repairs and long-term maintenance costs, helping investors make informed decisions about property acquisitions and portfolio management strategies.
Can you explain cost segregation studies?
These studies identify building components that qualify for accelerated depreciation, reducing tax liabilities and improving cash flow for commercial property owners through strategic tax planning.
Do you work with homeowner associations?
Yes, we provide reserve studies, transition assessments, and engineering consulting services specifically tailored to homeowner association needs and regulatory requirements.
What areas do you serve?
Our primary service area includes Southern Delaware and Maryland's eastern shore, with extensive experience in regional building codes and environmental regulations.
