Reserve Study Companies in Hawaii

Compare vetted reserve study companies that serve Hawaii condominiums, AOAOs, and HOAs. Get multiple proposals for your next reserve study without spending weeks chasing individual quotes across Oahu, Maui, Kauai, and Hawaii Island.

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Serving the entire state of Hawaii

Reserve study companies for Hawaii HOAs, AOAOs, and resorts

Through PropFusion, you can connect with reserve study companies that already work in Hawaii’s climate, building types, and condominium regulations so you are not paying any firm to “learn” the islands on your dime.

  • Our Hawaii partners serve:
  • Condominium AOAOs across Oahu, Maui, Kauai, and Hawaii Island
  • Urban and resort high-rise condos in Honolulu, Waikiki, and Kakaako
  • Townhome and low-rise condo communities throughout the islands
  • Planned community associations and master-planned HOAs
  • Timeshares, condo-hotels, and vacation ownership communities

Hawaii reserve study requirements in plain language

Under the Hawaii Condominium Act, association budgets must be based on a reserve study that is reviewed or updated at least every three years by an independent preparer, and boards must fund at least 50 percent of estimated replacement reserves or 100 percent when using a cash flow plan.

Do Hawaii associations have to get a reserve study?

Most condominium AOAOs in Hawaii must base their budgets on a formal reserve study that is reviewed or updated at least every three years, and the study must be reviewed by an independent reserve preparer. Many planned community HOAs are not explicitly named in statute, but lenders, buyers, and good governance expectations mean a reserve study is effectively required if you want predictable finances and fewer special assessments.

How much does a reserve study cost in Hawaii?

Pricing depends on building size, complexity, access, and how much travel is involved. Small, straightforward townhome or low rise AOAOs may see full study proposals starting in the low thousands, while high rise oceanfront or resort properties with complex amenities will pay more. The only real way to know if a quote is high or low is to compare multiple Hawaii proposals for the same scope, which is exactly what the PropFusion marketplace is built to do.

Do we need a Hawaii based reserve study company?

For many AOAOs and resort properties, boards strongly prefer firms that already work in Hawaii, know local construction methods and corrosion issues, and are comfortable with AOUO/AOAO governance.

Types of reserve studies Hawaii companies provide

Level 1 – Full reserve study

A complete physical and financial analysis: on-site inspection, component inventory, remaining useful life, and a 20–30 year funding plan.

Level 2 – Update with site visit

A refresh of your existing reserve study with a new inspection, updated costs, and revised funding recommendations.

Level 3 – Update without site visit

A financial update that uses your prior study and updated financial data to adjust funding paths between full site inspections.

Special-purpose studies

Focused reviews for specific components or project clusters such as seawalls, parking structures, pools, elevators, or façade repairs when Hawaii boards need targeted insight beyond the standard reserve cycle.

Hawaii coverage - Oahu, Maui, Kauai, and Hawaii Island

Reserve study companies in our marketplace serve communities throughout the Hawaiian Islands. Whether your association is a high-rise tower in Honolulu, a resort AOAO in Lahaina, or a townhouse community in Hilo, we match you with firms that already understand your island’s climate, construction types, and access constraints.

  • Typical areas covered include:
  • Oahu: Honolulu, Waikiki, Kakaako, Ala Moana, Kapolei, Mililani, Kaneohe, Kailua, Ewa Beach, Aiea, Pearl City
  • Maui County: Kahului, Wailuku, Kihei, Wailea, Lahaina, Kaanapali, Napili, Kapalua plus communities on Lanai and Molokai
  • Kauai: Lihue, Poipu, Princeville, Hanalei, Kapaa and surrounding resort and residential areas
  • Hawaii Island: Kailua-Kona, Waikoloa, Waimea, Hilo and oceanfront and upland communities across the island
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When Hawaii associations typically hire a reserve study company

Hawaii boards and managers usually engage reserve study firms when one or more of these triggers shows up:

The three-year review deadline is approaching

Your last reserve study review is nearing the three-year mark and the board needs an independent preparer to update or review the study before approving the new budget package.

Major projects or storm impacts are on the horizon

Roofing, exterior painting, concrete repair, spalling, railings, pools, and mechanical systems are aging faster in the coastal environment, or a recent storm or heavy rain event has accelerated deterioration.

The current funding plan is not keeping up

Assessments were held flat for years, construction costs and insurance have surged, and the board needs a realistic path to meet statutory funding targets without constant emergency assessments.

Turnover from developer to owners

A new owner-controlled board or AOAO wants an independent view of reserves and capital needs instead of relying only on the developer’s initial budget.

Lenders, buyers, or auditors are asking questions

Financing, refinancing, and due diligence for sales increasingly involve scrutiny of reserve levels and planning in Hawaii. A current reserve study and clear funding plan help reduce surprises.

What a Hawaii reserve study company delivers

While formats differ by firm, reserve study companies serving Georgia typically provide:

On-site inspection of major components

Visual review of roofs, waterproofing, structure, exterior finishes, pavement, mechanical systems, amenities, and other shared components.

Component inventory & useful life estimates

A detailed list of common-area components, quantities, remaining useful life, and estimated replacement/repair costs.

30-year funding plan

Year-by-year projections showing recommended reserve contributions, projected expenses, and forecast reserve balances, so you can see the impact of different dues levels over time.

SIRS-specific schedule (where required)

For applicable condos/co-ops, a separate Structural Integrity Reserve Study section that maps out required funding for structural components.

Compliance ready Hawaii disclosures

Summary tables and funding disclosures formatted to align with Hawaii reserve requirements so boards can drop them straight into their annual budget packages and owner communications.

Online reserve planning workspace

Alongside the PDF report, your reserve study is loaded into an online dashboard where your board can test what-if funding scenarios, see upcoming investment opportunities, and manage capital projects over time.

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Compare multiple reserve study companies in Hawaii with one request

STEP 1

Share your community details

Tell us about your association’s location, property type, number of units, and any upcoming projects or concerns.

STEP 2

We match you with vetted firms

We route your request to reserve study companies that actively work in your state and fit your size and building type.

STEP 3

Compare proposals side by side

You receive multiple proposals outlining scope, pricing, and timelines so you can compare options without chasing firms yourself.

STEP 4

Hire your preferred provider

You choose the company you want to work with. They perform the study and deliver the report. You keep full ownership of the results and can use them with any budgeting tools or processes you prefer.

What Hawaii boards say

Verified Review

“Coordinating a reserve study from Honolulu used to mean calling mainland firms that did not really understand Hawaii properties. With the marketplace, I submitted one request and quickly received three proposals from firms that actually work here. The board could compare scope, fees, and timelines side by side and move forward without weeks of back-and-forth.”

Maria Kealoha
Pacific Breeze Condominiums, Honolulu, HI
Verified Review

“One brief, three solid Hawaii proposals. It saved our board weeks of work.”

Jessica Park
Banyan Grove HOA, Hilo, HI
400+

Hawaii HOAs and condos have requested proposals through our marketplace.

8

Vetted reserve study professionals covering communities across Hawaii

Verified Review

“We compared local bids in one place and finally got our reserve study back on track.”

Tyler Wong
Harbor View Condos, Kahului, HI
Verified Review

“Our townhome association on the Big Island had put off a new reserve study for years because nobody wanted to chase vendors. The marketplace streamlined everything. We received several Hawaii-based bids, asked questions through the platform, and selected a firm that clearly explained our long-term funding options.”

David Nakamura
Kona Cliffs Townhomes, Kailua-Kona, HI

Hawaii Reserve Study Insights

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Frequently asked questions

Do Hawaii associations have to hire a local reserve study company?

You are not legally required to use a firm headquartered in Hawaii, but using providers who already work on island properties usually produces better assumptions on corrosion, access, and local construction costs. Many boards treat Hawaii based or Hawaii experienced firms as a must have rather than a nice to have.

How often should Hawaii boards update their reserve study?

Hawaii law expects condominium associations to base budgets on a reserve study that is reviewed or updated at least every three years, with annual budget decisions tied back to that study. Many boards still refresh numbers informally more often if they are planning major projects or have seen large cost changes.

What does a reserve study typically cost in Hawaii?

Small townhome or garden style communities might see full reserve study proposals starting around the low thousands. Larger high rise, resort, or mixed use properties with extensive amenities, access challenges, or multiple phases will pay more. Using the marketplace to collect multiple comparable proposals is the fastest way to understand the normal price range for your property type.

What should Hawaii boards look for when comparing reserve study companies?

Look at Hawaii experience (how many island projects they have done), professional credentials, sample reports, clarity of funding recommendations, and whether they understand your specific property type (high rise, resort, timeshare, etc.). You should also check how they handle follow up questions and whether they provide editable working files or online tools.

How does the PropFusion marketplace work for Hawaii communities?

You complete one brief describing your property, recent projects, and what you need from the study. PropFusion shares it with vetted reserve study providers that serve Hawaii, collects their proposals, and presents them in a consistent format so your board can compare scope, fees, and timelines in one place.

Does PropFusion charge Hawaii associations for this service?

No. Hawaii HOAs and AOAOs use the marketplace at no direct cost. Providers pay to participate, and you decide which proposal, if any, to accept.

Get proposals from reserve study companies in Hawaii

If your board is planning big projects, worried about reserves, or simply wants a clear long-term funding plan, this is the time to bring in a professional reserve study company.

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