Depreciation Reports

Depreciation reports are a statutory requirement for strata corporations in British Columbia and other Canadian provinces, providing strata councils and owners with a long-term forecast of repair and replacement costs for common property and common assets. RDH prepares depreciation reports in compliance with applicable provincial legislation, combining condition assessments with lifecycle cost modeling to support informed contribution planning and reserve fund management.

• Condition-based cost forecasting projects repair and replacement costs for all common building systems over a 30-year horizon.
• Reserve fund analysis compares projected costs against current reserve fund balances to identify funding gaps and support contribution planning.
• Statutory compliance support ensures reports meet the specific requirements of applicable provincial legislation, including BC’s Strata Property Act and equivalent frameworks in other provinces.

Depreciation reports are a critical tool for long-term planning and reserve fund management. Hear from our team on how we develop them and put them to work for our clients: Watch the Video