Calgary Condominium Consulting Ltd
No future surprises - As common property in your condominium depreciates, you need to be financially ready to make these repairs. At Calgary Condominium Consulting we have been working with clients for over 20 years to provide them with an accurate Reserve Fund Study. We are committed to technical excellence and providing our clients with succinct and comprehensive studies. Methodology: EXAMINATION An inventory is compiled for all common property components that are predicted to require replacement. Assessments are then made regarding the state of these components. ESTIMATION Estimates are made regarding their theoretical remaining life span. Replacement cost of the individual components are estimated at the assumed time of replacement by inflating the value using a forecasted average rate of inflation. REPORT A comprehensive report is created outlining yearly costs 30 years into the future and required cash flow to sustain these costs.
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