Depreciation Report · British Columbia
Depreciation Report in Surrey
Reserve Plus has been engaged for more than 250 depreciation reports across 42 British Columbia communities since 2020, more than 80 of them in Metro Vancouver.
Our record near Surrey
Reserve Plus has worked in 42 British Columbia communities since 2020, including 12 across Metro Vancouver. 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 Surrey
13 depreciation reports (2024 to 2026), covering 605 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.
Strata buildings in Surrey
Surrey has one of the largest and fastest-growing strata markets in BC, from townhouse complexes in Cloverdale, Fleetwood and South Surrey to new concrete towers in City Centre. A depreciation report here often covers a large townhouse complex with private roads, fencing and landscaping, or a newer building whose first major envelope and mechanical work is still years away.
What most often shapes a plan here:
- Townhouse roofs, siding and private roads in large complexes.
- First-cycle renewals in newer buildings coming off their warranty period.
- Parkade electrical capacity as owners ask for EV charging.
Of the 13 Surrey properties we have studied with a recorded size, 5 had 50 to 99 units, 4 had 25 to 49 units, 2 had 11 to 24 units and 2 had 10 units or fewer.
What British Columbia requires
Requirements are set by the province, not the municipality, so a Surrey 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.
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 Surrey property
Questions from Surrey boards
Does Reserve Plus work in Surrey?
Yes. In Surrey, Reserve Plus has been engaged for 13 depreciation reports (2024 to 2026), covering 605 units. Reserve Plus has been engaged for more than 250 depreciation reports across 42 British Columbia communities since 2020, more than 80 of them in Metro Vancouver. 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 Surrey stratas?
Surrey is in Metro Vancouver, so the deadline was July 1, 2026 for stratas with five or more lots that had no report, or only one dated before December 31, 2020. A strata that missed it should book one now. The Electrical Planning Report is due December 31, 2026.