Reserve Fund Study · Alberta

Reserve Fund Study in Strathmore

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.

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Our record near Strathmore

800+
reserve fund studies across Alberta
500+
in the Calgary region
23,000+
units under study in Alberta

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 Strathmore

3 reserve fund studies (2021 to 2024), covering 160 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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Condominiums in Strathmore

Strathmore's condominiums are mostly townhouse complexes and bare-land communities, many built as the town grew east of Calgary. Open prairie exposure means wind, hail and freeze-thaw set the pace for roofs, siding and asphalt.

What most often shapes a plan here:

  • Roofing and siding exposed to wind and hail.
  • Asphalt roads and parking through freeze-thaw.
  • Bare-land common property: roads, drainage and landscaping.
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What Alberta requires

In Alberta, a reserve fund study is required every 5 years under the Condominium Property Act, R.S.A. 2000, c. C-22. Every condominium corporation must establish a capital replacement reserve fund and commission a reserve fund study at least once every 5 years. New corporations have 2 years from registration to complete their first study.

Requirements are set by the province, not the municipality, so a Strathmore 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.

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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 reserve fund study includes.

Request a quote for your Strathmore 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 Strathmore boards

Does Reserve Plus work in Strathmore?

Yes. In Strathmore, Reserve Plus has been engaged for 3 reserve fund studies (2021 to 2024), covering 160 units. 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 Reserve Plus come to Strathmore for the site visit?

Yes. Strathmore is about 50 km east of our Calgary office, and our building envelope team does the site visit in person.

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Other communities we serve