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In short, a reserve study is a financial plan for real estate. This planning mechanism allows real estate owners to set aside the appropriate amount of funds required for future capital repairs and replacements. Reserve studies are the most reliable way to protecting property value through effective planning and foresight. Community associations’ boards and facility owners want to avoid the use of special assessments or loans to fund for major replacement projects. Long term planning like reserve studies permits association boards and owners to slowly accumulate reserve funds over time and invest these assets for future replacement projects. A professional reserve study is the proven, cost-effective way to increase the market value of your property.
2. Minimize special assessments 3. Distributes costs equitably among current owners 4. Creates more accurate budgeting 5. Reduce cost of maintaining property 6. Preserve community appearance 7. Increase market value of home 8. Protect Board from mismanagement claims |







