Capital Reserve Study

The primary purpose of a Reserve Study is to provide recommendations on the amount of money a community, building or other organization should set aside annually for the future replacement or major refurbishment of its commonly owned elements.

The Falcon Group believes that a properly funded capital reserve program is the ideal formula for maintaining a community’s physical assets in optimal condition while providing key benefits to residents. We strongly recommend updating your Capital Reserve Study every 3 years.

Why Capital Reserve Studies Matter for Your Community

A Capital Reserve Study is more than a financial document — it’s a roadmap for long-term stability. Communities, HOAs and condominiums rely on these studies to ensure critical assets, from roofs and elevators to parking lots and clubhouses, are maintained without creating financial strain. By identifying anticipated repair and replacement costs, a professional reserve analysis empowers boards and property managers to make confident, proactive decisions.

Reserve Study Benefits

When conducted by The Falcon Group’s experienced team, a regularly updated Reserve Study provides measurable advantages for property owners and residents alike. These benefits include:

• HOA reserve funding confidence: Reducing the likelihood of member dissatisfaction associated with the passage of large or sudden assessments. Establishing clear guidelines for annual contributions protects residents from unexpected assessments.
• Efficient condominium reserve planning: Reserve Studies facilitate project efficiency and cost-effectiveness and minimize disruptions and unit owner inconvenience by allowing the association to secure contractors to complete an entire project within a finite and desired schedule.
• Property value protection: By preserving the condition of community amenities, building systems and exteriors through repair or replacement, associations can maintain or increase the resale value of owners' properties. Reserve Studies also ensure shared assets, such as lobbies and HVAC systems, are well-maintained to protect property values.
• Financial transparency: A detailed plan enables board members to communicate effectively with residents, thereby reducing disputes over dues and assessments.
• Regulatory compliance: Many municipalities and states are moving toward mandatory reserve funding requirements. Falcon’s expertise allows your association to stay compliant as regulations evolve.

Professional Reserve Analysis From The Falcon Group

Every community is unique. That’s why Falcon tailors each Capital Reserve Study to reflect the association's specific needs. Our team combines engineering expertise with financial forecasting to create actionable, realistic funding plans.

Unlike generic templates, Falcon’s approach accounts for real-world conditions, usage patterns and material lifespans. This strategy gives associations the confidence to move forward with strategic capital planning, knowing their financial roadmap is rooted in expert analysis.

The Falcon Group has prepared over 5,000 Capital Reserve Studies. Each Capital Reserve Study we perform is a customized analysis, prepared in coordination with our Reserve Specialist (RS), and/or a Professional Reserve Analyst (PRA) and our client, and the studies are based on a “real-world” methodology for each item.

Linking Capital Reserve Studies to Real-World Results

For over a decade, The Falcon Group has delivered capital reserve case studies that highlight the value of proactive planning. These case studies show how communities have avoided extensive assessments, maintained property values and improved resident satisfaction through adequate reserve funding. Explore our capital reserve case studies to see the proven impact of our work.

Plan Your Reserve Study With Confidence

Don’t wait until deferred maintenance becomes a costly emergency. Partner with The Falcon Group for Capital Reserve Studies that provide foresight, compliance and confidence. Whether you manage a condominium, HOA or commercial property, our tailored solutions will help you protect your assets, community and bottom line.

Contact us today to schedule a consultation and learn how Falcon’s reserve planning expertise can safeguard your property for years.