Asset Reports are at the forefront of Strata Titles Reforms and how they apply to Reserve Fund Budgets and 20 Year Maintenance Plans.
We have a team of in-house Builders and Quantity Surveyors who are able to inspect and assess the condition of your Strata building and accurately estimate the maintenance, repairs or replacement costs of Common Property in the Scheme.
Our Reserve Fund Budgets are forecast to 20 years.
This will enable Strata Companies and Strata Managers to sufficiently estimate how much money should be held in the Reserve Fund. In our experience, a 10 year view is too limited in scope to account for major cost items such as roof replacement, painting and future upgrades such as solar panels, rainwater capture and maintaining the building’s aesthetic appeal.
We maintain our own up-to-date cost database and have access to rates and prices published in the quarterly Building Cost Index by the Australian Institute of Quantity Surveyors.
This means you won’t have to go out to various suppliers and contractors for quotes to prepare your Reserve Fund Budget, we have access to the industry pricing required to establish and maintain your Reserve Fund Budget.
It’s a distinct advantage to have Asset Reports qualified Quantity Surveyors preparing your Reserve Fund Budget to avoid large variations in cost estimates.
Starting at $110 (inc GST) per lot.