Reserve Fund Study · Alberta
Reserve Fund Study in Priddis
Reserve Plus has been engaged for more than 800 reserve fund studies across 40 Alberta communities since 2012, more than 500 of them in the Calgary region.
Our record near Priddis
Reserve Plus has worked in 40 Alberta communities since 2012, including 13 across the Calgary region. 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 Priddis
18 reserve fund studies (2020 to 2025). 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 around Priddis
Many of the condominium corporations around Priddis are bare-land and country-residential communities in the foothills southwest of Calgary. Their common property is often roads, drainage, water and wastewater systems, fencing, gates and landscaping rather than a shared building, which makes for a different kind of reserve fund study.
What most often shapes a plan here:
- Private roads: gravel and asphalt surfaces, culverts and ditches.
- Shared water and wastewater systems, where the corporation owns them.
- Gates, fencing, signage and landscaped common areas.
What Alberta requires
Requirements are set by the province, not the municipality, so a Priddis 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 Priddis property
Questions from Priddis boards
Does Reserve Plus work in Priddis?
Yes. In Priddis, Reserve Plus has been engaged for 18 reserve fund studies (2020 to 2025). Reserve Plus has been engaged for more than 800 reserve fund studies across 40 Alberta communities since 2012, more than 500 of them in the Calgary region. 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 a bare-land condominium near Priddis need a reserve fund study?
Yes. Alberta's Condominium Property Act applies to bare-land corporations too, so a study is required at least every five years. Corporations of 12 units or fewer can do their own study by special resolution, but the roads, water systems and other common property still need to be planned for.