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There are five basic factors that determine the cost of a Reserve
Study:
1. Size of the association (# of
units)
2. Number and type of common area
assets
3. Age of the association
4. Location (only significant for
Full and With-Site-Visit Reserve Studies)
5. Time of Year (in-season or off-season)
With large assets, of different types, with more history to review
and reconstruct, the difficulty factor begins to increase. In addition,
travel time and expenses may be a significant factor for on-site
type analyses.
The "Full" Reserve Study is our most expensive product,
but usually only needs to be done once at each association. Update-With-Site-Visit
and Update-No-Site-Visit type Reserve Studies are performed for
proportionally lower fees due to the reduced amount of time required
in those products.
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