Condominium Reserve Studies
Simple and concise reports that don’t have
to be re-worked for your board to understand.
- General construction experience coupled with building envelope expertise
provides a pinpoint accurate assessment of all your common area components.
- Comprehensive report that include a descriptive text and photographic
index of current conditions.
- Customized spreadsheets that provide both a standard replacement reserve schedule and a second “Project Planner” spreadsheet that targets particular components to be addressed in the near future. The Project Planner spreadsheets provide you with real time scenario’s for the board to consider, from both an asset management and strictly financial point of view.
Benefits:
When a regularly scheduled Reserve Study program is implemented,
and subsequent updates are performed, an association board and their project
manager will have a very helpful tool in determining where they are now,
and where they will be in the near future.
Property Managers are given a tool that provides them with a precise forecasting of their capital and repair project picture from both a timing and financial aspect. This will make the budgeting process easier and more accurate.