Depreciation Report · British Columbia
Strata Depreciation Reports in Vancouver
Reserve Plus has prepared more than 250 depreciation reports across BC, 84 of them in Metro Vancouver. Every BC report is signed by a registered, qualified engineering professional, and the first draft arrives about 30 days after your council approves the quote.
Our record near Vancouver
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 Vancouver
22 depreciation reports (2024 to 2026), covering 1,138 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.
The Vancouver stratas we work with
Most of our Vancouver reports are for small and mid-size stratas. Of the 22 where the lot count is on record, 45% were for stratas of 24 lots or fewer.
| Property size | Studies | Share |
|---|---|---|
| 10 units or fewer | 3 | 14% |
| 11 to 24 units | 7 | 32% |
| 25 to 49 units | 5 | 23% |
| 50 to 99 units | 5 | 23% |
| 100 units or more | 2 | 9% |
Across Metro Vancouver we also work in Richmond, Surrey, Burnaby, Langley, Maple Ridge, White Rock, North Vancouver and Aldergrove.
Vancouver stratas carry components that dominate their plans: rainscreen and building envelope work, roofing, windows, balconies and parkade membranes, and in larger buildings, elevators and mechanical plant. The report sets out when each comes due and at least three funding models for the contingency reserve fund.
Deadlines and what happens next
Vancouver stratas needed a compliant depreciation report by July 1, 2026. If yours does not have one, it is out of compliance now, and the remedy is to get one done. See what to do if you missed the deadline.
Metro Vancouver stratas also need an Electrical Planning Report by December 31, 2026. We can prepare it alongside your depreciation report, and BC Hydro incentives can bring the cost down for eligible buildings. See the EPR page.
Our Standard and Premium reports include myRPlanner for the full five-year term, so your council can keep the plan current between reports.
What British Columbia requires
Requirements are set by the province, not the municipality, so a Vancouver 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
Component inventory
Every common property component, including the building envelope, interior, mechanical and life safety systems, recorded with its present condition.
Condition and remaining life
Actual and effective age, remaining life, and current and future replacement cost for each component.
30-year financial projection
The contribution levels needed to meet those costs, and the risk of a special assessment if they are not met.
myRPlanner, with Standard and Premium
Keep the plan current between studies, approve it as most jurisdictions require, and compare actual against expected each year.
Request a quote for your Vancouver property
Questions from Vancouver boards
Does Reserve Plus prepare depreciation reports in Vancouver?
Yes. We have prepared more than 250 depreciation reports across BC, 84 of them in Metro Vancouver, and every BC report is signed by a registered, qualified engineering professional.
Our Vancouver strata missed the July 1, 2026 deadline. What now?
Your strata is out of compliance until it has a compliant report. There is no extension and no vote that fixes it. Request a quote now: ours arrives within seconds, and the first draft follows about 30 days after the council approves it.
Can the depreciation report be paid from the contingency reserve fund?
Yes. Under the Strata Property Act, a strata can pay for its depreciation report from either the operating fund or the contingency reserve fund by majority vote.
What does a depreciation report cost in Vancouver?
Typically about $1,500 to $10,000 or more, depending on the size and complexity of the property. See our BC cost guide, or use the quote form for your exact price within seconds.