Depreciation Report / Reserve Fund Study
A complete reserve study, built to be used.
A full physical inventory and condition inspection paired with a long-range financial forecast across multiple funding models, with clear recommendations.
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Beyond the Forecast
Stewardship recommendations built into every report.
Every site inspection comes back with two things: the 30-year numbers, and what to act on now. Alongside the financial forecast, each report identifies what the building should be doing today to protect every component's service life: named, prioritized, and ready to hand to the property manager.
Depreciation Report /
Reserve Fund Study
Condition concerns and operating-budget actions, called out by component.
The site inspection identifies condition improvement opportunities, catch-up maintenance, and general maintenance practices for every major component. Items the Owners can address in the operating budget to extend service life or avoid an early renewal are called out explicitly, not buried in footnotes.
Asset Management Plan
Renewal planning shaped around your community's priorities.
An Asset Management Plan is built on the Depreciation Report foundation. It integrates reserve planning with operating budgets, considers property improvements alongside capital renewals, and adjusts timing to reflect what the community actually wants. As priorities shift, the plan is updated, turning a one-time study into an ongoing tool.
All Engagements
A priority order the Board can act on.
Recommendations are sequenced by effect, not just renewal year. Your Council or Board leaves with a ranked list of what to address first, framed in plain language any Owner can understand at the annual general meeting.
The right credential for the work
Reserve planning is a specialist discipline.
It sits at the intersection of building science and financial modeling. The Certified Reserve Planner credential is built for exactly that scope: component condition inspection, renewal-cost methodology, and long-range financial projection. Every OurCastle report reflects that focus: technically detailed where it counts, financially rigorous across the full study horizon.
The Problem
A special levy nobody saw coming.
Most reserve shortfalls are not a surprise to the building. They are a surprise to the Owners. Deferred renewals, an aging roof, a contribution rate set years ago and never revisited: by the time the invoice arrives, the options are few and levies burdensome.
The Promise
Plan ahead, with purpose.
A Depreciation Report or a Reserve Fund Study replaces uncertainty with a forecast: every major component, its remaining life, and informed funding models. You see the decisions years before you have to make them.
See how it worksWhat We Do
From reserve study to capital strategy.
Two core engagements, built to fit where your building is, plus the focused services that support them.
Asset Management Plan
Past the minimum, into real capital strategy.
Built on top of the reserve study: operating-budget projection, property-improvement planning, customized renewal timing, and financing scenarios for Owners who want to plan, not just forecast.
ExploreAdditional services: Energy Benchmarking, Project Liaising & more
See What You Actually Get
The report is the proof.
You cannot judge analytical rigor in the abstract. You can judge whether a report is clear. Here is a look at three pieces of a real OurCastle Depreciation Report or Reserve Fund Study.
Why OurCastle
Five things we hold to.
01
Planning, not just reporting
A decision-making tool, not a regulatory checkbox.
02
Clarity
Plain language and visuals volunteer Owners can actually use.
03
Direct access
You work with the credentialed analyst, start to finish.
04
Expertise
Built to recognized reserve-study standards, defensible to a regulator.
05
Ongoing support
A relationship across the update and renewal cadence, not a one-off.
How It Works
A straightforward path, start to finish.
01
Proposal & intake
A tailored proposal, then a simple online intake and a shared document workspace.
02
Site inspection
On-site assessment of every major component, with photographs.
03
Analysis & draft
The long-range model, a draft report, and a presentation meeting to walk it through.
04
Final & updates
Your feedback shapes the final. We return on your five-year renewal cycle in BC.
For Property Managers
A reserve partner that makes you look good.
Dependable turnaround, reports your clients understand, and one analyst who is easy to reach across a whole portfolio.
How we work with PMs