Depreciation Report · British Columbia

Depreciation Report in Golden

Reserve Plus has been engaged for more than 250 depreciation reports across 42 British Columbia communities since 2020, more than 30 of them in the Kootenays.

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Our record near Golden

250+
depreciation reports across British Columbia
30+
in the Kootenays
6,000+
units under study in British Columbia

Reserve Plus has worked in 42 British Columbia communities since 2020, including 13 across the Kootenays. These are engagements, meaning corporations that appointed us, not enquiries. Across British Columbia we study everything from small bare-land and townhouse corporations to properties of more than 300 units. Of those, 8 have 100 units or more.

In Golden

4 depreciation reports (2020 to 2025), covering 99 units. Every report is authored by a qualified professional and delivered as a first draft in 30 days or less, with myRPlanner (powered by StelorPM) included in Standard and Premium studies.

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Strata buildings in Golden

Golden sits where the Kicking Horse River meets the Columbia, and its stratas range from condominiums and townhomes at Kicking Horse Mountain Resort to townhouse complexes in town. Many units are second homes or rentals. Heavy snow and cold winters drive the plan, and with a small local trades market, specialist work often has to come in from outside the valley.

What most often shapes a plan here:

  • Roofs, snow loads and ice damming on resort buildings.
  • Timber and exterior wood exposed to snow and freeze-thaw.
  • Shared resort amenities such as hot tubs, lodges and ski lockers.
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What British Columbia requires

In British Columbia, a depreciation report is required every 5 years under the Strata Property Act. Depreciation reports are mandatory for strata corporations with 5 or more lots. The three-quarters vote to defer one ended on July 1, 2024. Stratas wholly or partly in Metro Vancouver, the Fraser Valley or the Capital Regional District needed a compliant report by July 1, 2026, and everywhere else the date is July 1, 2027.

Requirements are set by the province, not the municipality, so a Golden corporation is governed by the same rules as the rest of British Columbia. The full requirements, including who is eligible to author the report, are on our British Columbia page.

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What you receive

A component inventory with condition and remaining life, replacement costs, a 30-year funding projection, and myRPlanner with Standard and Premium studies. What a depreciation report includes.

Request a quote for your Golden property

Looking up at a multi storey residential building with stacked balconies
Balconies, railings and the envelope are recorded on every site visit. Photo: Dean Zhang / Unsplash
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Questions from Golden boards

Does Reserve Plus work in Golden?

Yes. In Golden, Reserve Plus has been engaged for 4 depreciation reports (2020 to 2025), covering 99 units. Reserve Plus has been engaged for more than 250 depreciation reports across 42 British Columbia communities since 2020, more than 30 of them in the Kootenays. Across British Columbia we study everything from small bare-land and townhouse corporations to properties of more than 300 units. Of those, 8 have 100 units or more.

When is the depreciation report deadline for Golden stratas?

Golden is in the Columbia Shuswap Regional District, outside the three early regions, so stratas with five or more lots need a compliant depreciation report by July 1, 2027, and an Electrical Planning Report by December 31, 2028.

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Other communities we serve