Hiring a professional to conduct your condominium or homeowners association reserve study is a critical investment for your Pacific Northwest community’s financial health. The information provided by a qualified firm is essential for long-term planning, helping your board avoid costly mistakes, special assessments, and potential liability.
Given the unique weather, construction types, and specific state laws in the Pacific Northwest (PNW), simply finding a generic national provider is not enough. You need a partner with local expertise.
Here are four essential factors to consider when choosing your reserve study company in the Pacific Northwest:
PNW-Specific Experience and Qualifications
We have over 50 years experience in construction, appraisal and property inspection in the PNW. This combine experience allows us to work with many different types of associations and many different sizes
Deep Understanding of State Legal Requirements
Washington has specific, rigorous laws regarding reserve studies and funding that your chosen company must follow to keep your HOA compliant. We have years of experience working with the Condominium Act and now WUCOIA.
Localized Cost Data and Bid Management
In the competitive and often high-cost construction markets of the PNW local cost estimates are vital for a successful reserve study. Many reserve companies use industry tables that are focused on larger cities such as Seattle. We talk to local companies to get the pricing our associations need.
Proven Track Record and References
We have been doing reserve studies for local associations since 2008. We have prepared hundreds of reserve studies and gotten many 5 star reviews.
