nationwide reserve study services
Reserve Study Companies
PropFusion connects HOAs, condo boards, and property managers with vetted reserve study professionals in every state. Instead of searching and calling multiple firms, you can request free proposals from several qualified providers at once - making it easy to compare bids, timelines, and deliverables.
Find Reserve Study Companies by State
Reserve study requirements and costs vary by state. Use our nationwide directory to find providers near you who understand local laws, climate, and construction standards.
How Our Network Works
We make the process simple - one form gets you multiple competitive bids from vetted reserve study firms.
Fill in Your Details & Request Proposals
Enter your association's information and instantly request proposals.
Receive Proposals & Order Your Study
Get multiple proposals from top Professionals and select the best fit.
Receive & Explore Your Reserve Study Online
Once completed, view your online study, create scenarios, and generate custom reports.
What is a
Reserve Study?
A reserve study is a long-term capital planning tool that evaluates the physical components of a property and the financial reserves needed for future repairs. It consists of two important parts:
- Physical Analysis: The reserve specialist inspects common-area components (like roofs, paving, and mechanical systems) to document their condition, quantity, and remaining useful life.
- Financial Analysis: The current reserve fund is reviewed, and a 20–30 year funding plan is created to ensure future repairs and replacements can be paid for without special assessments.
PropFusion Transformed Our HOA Management
Since implementing PropFusion, our reserve study management has become a breeze. The platform gives us clear financial insights, simplifies tracking, and ensures we stay compliant with state regulations. As HOA president, it's reassuring to have everything in one place, making board meetings smoother and helping us make informed decisions for our community’s future.
Frequently Asked Questions
What is a reserve study and why do we need one?
A reserve study is a capital planning report that outlines your community’s major components (roofs, paving, HVAC, etc.) and the funds needed to repair or replace them over the next 20–30 years. It helps avoid surprise assessments and keeps HOA finances on track.
How often should our association update the reserve study?
Industry best practice is every 3–5 years, or more frequently if your state requires it. Some associations do annual financial updates (without a site visit) to keep funding plans accurate.
How much does a reserve study cost?
Pricing varies by property size, number of components, and level of detail. Smaller communities might spend under $3,000, while large or complex properties can cost more. Getting multiple proposals ensures competitive pricing.
Who is qualified to perform a reserve study?
Look for providers with CAI’s Reserve Specialist (RS) or APRA’s Professional Reserve Analyst (PRA) designation, or licensed Professional Engineers (PE). All providers in our network are vetted for experience and credentials.
Do we have to use a company in our state?
It’s recommended to work with a provider who understands your state’s laws and local building costs. Our network matches you with firms experienced in your region and familiar with any legal requirements.
How long does the process take?
Most reserve studies are completed within 4–6 weeks, depending on scheduling and the complexity of your community. Updates without a site visit can be completed faster.
Will a reserve study tell us how much to raise our dues?
Yes — the funding plan will recommend how much your association should contribute to reserves each year. Your board can use this guidance to adjust dues gradually and avoid future shortfalls.
Take Control of Your Association’s Future
