Welcome To Reserve Specialists, Inc.

Reserve Specialists, Inc.

Protect your Association's property values with a comprehensive Reserve Study

The reserve study provides a long-term funding plan necessary to maintain, repair, replace or restore major common area components (such as asphalt pavement, exterior coat/paint/stain, and roofs) in the future.

 The analysis of a community’s major repair and replacement needs such as, roofing, siding, landscaping, painting, paving, sidewalks, recreation amenities, signage, fencing or deck replacement  over a specified period (20, 30, 40 years) and the development of a plan for accumulating resources (cash) to perform the repair or replacement work when it is needed.

Professional Standards describe the parts of a Reserve Study as:

  • The Physical Analysis is the examination and documentation of the component inventory. It includes a determination of each component’s condition (useful life and remaining useful life estimates), and each component’s valuation (replacement cost estimates). The component inventory should remain consistent over the course of the community’s life, while the condition and valuation will change from year to year.
  • The Financial Analysis is the development and presentation of a spending and funding schedule over the study period (typically 20 or 30 years) in the form of a monthly or annual reserve contribution.

Reasons for Conducting and Updating a Reserve Study

  • Documented plan for managing long-term maintenance and replacement obligations
  • Budgeting Tool
  • Reducing Tax Risk

What makes us different from many others?

Our commitment to provide professional and cost effective Reserve Studies for Homeowners and Condominium Owners Associations. Our personal attention and timely response is designed to help our clients plan for the future and protect the investment of each and every home or condo owner in their association. Just ask any of our clients for a reference.


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Reserve Specialists, Inc.

10475 Crosspoint Boulevard
Suite 200
Indianapolis, IN 46256

Tel: 317.841.3393
Email: erobertson@comernowling.com

Request a Reserve Study Proposal: click here