Reserve Study Companies in Washington
Compare vetted reserve study firms that serve HOAs and condominiums across Washington. Get multiple proposals for your next reserve study from one simple request, then manage the results in an online planning workspace.
Reserve study companies for Washington HOAs and condos
Washington communities face heavy rain, seismic risk, aging building envelopes, and some of the country’s clearer reserve study rules. Through PropFusion, you can connect with reserve study companies that understand Washington’s climate, construction types, and RCW requirements so your association is not guessing about future costs or legal obligations.
- Through PropFusion, you can connect with reserve study companies that already work with:
- Condominium and townhome associations
- Single-family HOAs and master-planned communities
- Mixed-use and high-rise communities
- Resort and vacation communities across Washington
Washington reserve study requirements in plain language
Most Washington condos and HOAs with significant assets must complete a professional reserve study, update it every year, and obtain a new study with a visual site inspection by a reserve study professional at least once every three years, unless doing so would impose an unreasonable hardship.
Who is covered in Washington?
Under RCW 64.34 and 64.38, most condominium and homeowners associations with “significant assets” that own or maintain common elements must prepare and maintain a reserve study, unless the cost would create an unreasonable hardship for the community.
How often are reserve studies required in Washington?
Washington expects an initial reserve study based on a visual site inspection, annual updates to the numbers, and a new site-visit update from a reserve study professional at least every third year.
Do Washington reserve studies have to be prepared by a professional?
Yes. The initial study and every third-year site-visit update must be prepared by a “reserve study professional” as defined in Washington law, while interim annual updates can be more limited financial refreshes that still follow the statute.
Why does Washington push so hard for reserve studies?
Lawmakers want associations to budget realistically for roofs, siding, decks, garages, elevators, and other big-ticket items so owners are not blindsided by special assessments and deferred maintenance that damage property values.
Types of reserve studies our Washington partners offer
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.
Seismic, building envelope, and moisture-focused studies
Targeted reserve studies or special-scope reviews for Washington-specific risk areas such as exterior envelopes, balconies, waterproofing, and seismic upgrades, helping boards plan around big, infrequent projects driven by local code and climate.
Washington coverage - from Puget Sound to the Palouse
You do not need a separate search for every city. PropFusion’s network includes reserve study companies that serve communities across Washington - from dense urban towers to suburban HOAs and resort communities.
- Typical areas covered include:
- Puget Sound & Seattle metro: Seattle, Bellevue, Redmond, Kirkland, Issaquah, Shoreline, Federal Way
- South Sound: Tacoma, Puyallup, Lakewood, Olympia, Lacey, DuPont, Gig Harbor
- Southwest & coastal communities: Vancouver, Longview, Aberdeen, Ocean Shores, the Long Beach Peninsula
- Eastern Washington & the Columbia Basin: Spokane, Spokane Valley, Kennewick, Pasco, Richland, Yakima, Wenatchee, Moses Lake
- North Sound & islands: Everett, Marysville, Bellingham, Mount Vernon, Anacortes, Oak Harbor, Bainbridge Island, Whidbey and San Juan Islands
When Washington associations typically hire a reserve study company
Boards in Washington rarely order a reserve study just to “check a box.” They do it when deadlines, projects, or big financial decisions are on the line.
Approaching the 3-year site-visit deadline
Your last professional site-visit study is nearing three years old and the board needs an updated report to stay aligned with RCW requirements and best practices.
Annual budget and assessment planning
You are entering budget season and need fresh reserve numbers so you can set assessments, decide on increases, and communicate funding needs transparently to owners.
Major projects or defects on the horizon
Roofs, siding, decks, windows, garages, elevators, or garages are approaching end of life, or an engineer has flagged building envelope issues, and the board wants a clear funding path before work begins.
Turnover from developer to owners
The community is transitioning from developer control and owners want an independent, Washington-compliant reserve study to understand what they are inheriting and whether reserves have been properly funded.
Lender, buyer, or insurer scrutiny
Lenders, prospective buyers, and insurers are asking pointed questions about reserves, percent funded, and upcoming projects, and the board needs a professional study it can share without hesitation.
After unexpected failures or severe weather
A sudden component failure or storm event has forced a major repair, and the board wants to re-baseline the plan so future work is fully funded instead of relying on special assessments.
What a Washington reserve study company delivers
While formats differ by firm, most Washington reserve study companies follow both state law and national reserve study standards so boards can rely on the numbers.
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.
Compliance-ready summaries for Washington law
Clear tables and narrative summaries you can reference when preparing budgets, disclosure packages, and resale documents so your association can demonstrate it understands and is following RCW reserve expectations.
Board-ready PDF report
A report that can be attached to budgets, resale certificates, and owner communications, and that will stand up to questions from lenders, auditors, and regulators.
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.
Compare multiple reserve study companies in Washington with one request
Share your community details
Tell us about your association’s location, property type, number of units, and any upcoming projects or concerns.
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.
Compare proposals side by side
You receive multiple proposals outlining scope, pricing, and timelines so you can compare options without chasing firms yourself.
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 Washington boards say
“Our mixed-use condo in Tacoma was facing siding and deck repairs with no clear plan. Through the marketplace we found a reserve specialist who understood Washington’s laws and our building type. The final study laid out a realistic 30-year plan that owners could support without panic.”
“Instead of cold-calling firms in Seattle and Spokane, we got three strong proposals in a week and could finally compare scope, price, and timelines side by side.”
Washington HOAs and condos have requested proposals through our marketplace.
vetted reserve study professionals covering communities across Washington.
“One brief, three vetted Washington firms. It saved our board weeks of outreach and gave us a much clearer funding path.”
“We manage a portfolio across Spokane, the Tri-Cities, and Yakima. Using one request to reach multiple reserve study companies has become our standard process. We get competitive bids, consistent scopes, and can show each board that we did our homework before choosing a vendor.”
Frequently asked questions
Do Washington associations have to get a reserve study?
For most Washington condos and HOAs with significant assets, yes. State statutes expect an initial professional reserve study, annual updates, and a new site-visit study at least every three years unless the association qualifies for a hardship exemption.
How often should we update our reserve study in Washington?
Best practice is to treat the reserve study as a living document: annual updates to the numbers and assumptions, and a full visual inspection by a reserve study professional at least every third year.
Do we need a Washington-based reserve study company, or is regional experience enough?
The law focuses on professional qualifications rather than a mailing address, but a provider with strong Washington and Pacific Northwest experience will better understand local climate, construction practices, and RCW-specific disclosure expectations.
How much do reserve studies typically cost in Washington?
Costs depend on size and complexity, but full studies for typical associations often fall somewhere between the low thousands and around 10,000 dollars, with smaller communities on the lower end and large, complex properties paying more. The only reliable way to gauge price is to compare multiple proposals for the same scope.
Can we use one request to get bids from multiple reserve study companies?
Yes. PropFusion is built as a marketplace: you submit a single brief about your Washington community and we route it to multiple vetted reserve study providers so you can compare scope, pricing, and timelines in one place.
Does PropFusion charge Washington communities for this service?
No. Requesting proposals through the marketplace is free for associations. You only pay the reserve study firm you choose, under the terms you agree with them directly.
What information should we have ready before requesting proposals?
You will get better apples-to-apples bids if you gather your most recent reserve study (if any), current budget and reserve balance, basic building data (units, stories, amenities), and a list of known major projects or issues so each Washington provider is quoting on the same scope.
Get proposals from reserve study companies in Washington
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.
