What Is a Reserve Study?
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A reserve study is an in-depth evaluation of a property's physical components and an analysis of its reserve funds. Based on a thorough on-site inspection, a custom reserve study details anticipated replacements or repairs to common-area elements and recommends annual reserve funding to cover capital expenditures for the next 30 years.
Our custom reserve studies give community association managers, board members and property owners assurance that future major property expenses are identified early and that a funding plan is in place to pay for those expenses.
A well-prepared reserve study can avert special assessments and supports a harmonious community.
Our reserve studies now come with ForeSite – a new software solution that lets you take your reserve study to the next level.
Guidance You Can Trust
The most accurate reserve studies are conducted by an engineer who knows building construction. In addition to a degree, top-tier reserve-study professionals typically hold an industry accreditation based on experience and advanced education. Look for such accreditations as Reserve Specialist (RS), earned through the Community Associations Institute, or Professional Reserve Analyst (PRA), awarded by the Association of Professional Reserve Analysts.
When you work with Reserve Advisors, you can be confident a degreed engineer will conduct your on-site inspection and develop your custom reserve study. All our advisors have also earned their RS or PRA designation or are working toward it.
Additionally, your study will be reviewed by other senior engineers as part of our quality review process. We insist on this extra step to ensure accuracy for you, something many other providers don't or can't do.