Reserve Fund Study · Alberta
Reserve Fund Study in Olds
Reserve Plus has been engaged for more than 800 reserve fund studies across 40 Alberta communities since 2012, more than 25 of them in central Alberta.
Our record near Olds
Reserve Plus has worked in 40 Alberta communities since 2012, including 7 across central Alberta. These are engagements, meaning corporations that appointed us, not enquiries. Across Alberta we study everything from small bare-land and townhouse corporations to properties of more than 500 units. Of those, more than 55 have 100 units or more.
In Olds
6 reserve fund studies (2020 to 2026), covering 278 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.
Condominiums in Olds
Olds' condominiums are mostly townhouse complexes and small apartment buildings, many built in the last few decades as the town and Olds College grew. Central Alberta's freeze-thaw cycles and hail are the main drivers for roofs, siding and asphalt.
What most often shapes a plan here:
- Roofing and siding, including hail damage.
- Asphalt and concrete through freeze-thaw.
- Small corporations planning large items with a modest reserve.
Of the 6 Olds properties we have studied with a recorded size, 3 had 25 to 49 units, 2 had 50 to 99 units and 1 had 11 to 24 units.
What Alberta requires
Requirements are set by the province, not the municipality, so a Olds corporation is governed by the same rules as the rest of Alberta. The full requirements, including who is eligible to author the report, are on our Alberta 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 reserve fund study includes.
Request a quote for your Olds property
Questions from Olds boards
Does Reserve Plus work in Olds?
Yes. In Olds, Reserve Plus has been engaged for 6 reserve fund studies (2020 to 2026), covering 278 units. Reserve Plus has been engaged for more than 800 reserve fund studies across 40 Alberta communities since 2012, more than 25 of them in central Alberta. Across Alberta we study everything from small bare-land and townhouse corporations to properties of more than 500 units. Of those, more than 55 have 100 units or more.
Does Reserve Plus come to Olds for the site visit?
Yes. Olds is about 90 km north of our Calgary office, and our building envelope team does the site visit in person.