A reserve study is a financial planning document that analyzes the common elements of a homeowner or condominium association — such as roofs, pavement, pools, and HVAC systems — and projects the funds needed to repair or replace them over time.
Without a reserve study, associations risk running out of money when major repairs are needed, forcing special assessments on homeowners. A properly funded reserve protects property values, keeps assessments stable, and ensures the community stays in good condition.
Reserve Metrics, LLC provides Level 1, Level 2, and Level 3 reserve studies for associations across Pennsylvania, Maryland, and Delaware.
Contact us for a free proposal.