Cohousing-L Mailing List: Re: Reserves study

[Katie Henry (katie-henry]

I spoke with a reserve analyst from Association Reserves a few months ago about 
a reserve study for Heartwood Commons - Tulsa, which is now starting 
construction. Association Reserves is a nationwide company that was recommended 
to me by another cohousing community. 

https://www.reservestudy.com/


I was quoted $3,200 for a full reserve study (described on their web site; they 
have several levels of service). This includes travel expenses from California. 
This is for a community with 36 units clustered into various plexes and a 
common house. 

I'd be uncomfortable living in a community that didn't have a reserve study 
except possibly in the case of a community of free-standing homes maintained by 
their owners and the common house being the only shared element. I'd always be 
worried about a unexpected special assessment.

Katie Henry