Reserve Studies | An Essential Tool for Condominium and Home Owner’s Associations

Appraiser Patricia Staebler Looking Down From A Rooftop

Reserve studies are all about stewardship of your community, reducing the need for special assessments and enhancing property values. Association boards have a fiduciary duty to the communities they represent, communities which are comprised of past, present and future owners. Unfortunately, we see all too often that neglect by owners in the past shifts the monetary duties to present owners, who now have to pay for the mistakes of the past, in addition to catching up in order to prepare for the future.

Educated consumers will shy away from the purchase of a condo or home in a community which is in debt or has no reserves in place, and, studies have shown that communities with reserves in place have a much better overall community appearance, which in turn is appealing to homeowners and interested buyers alike. Let Staebler Appraisal and Consulting guide you into the future with a professionally prepared reserve study. Our studies include three different funding models, which will be presented in different spreadsheets to give you several vantage points. We assist the board and managers with community meetings, presentation and explanation of the reserves, suggestions on how to pay for future funding goals, and decisions in regard to straight-line versus pooling funding.

I have managed serval Condominium Associations over the years. I had come across Staebler Appraisal years ago; my board was extremely impressed by Patricia’s presentation. We immediately signed up with her company to handle our Reserve Study. Patricia always does a great job explaining everything in full detail, and as being a property manager, I found this to be the best reserve study I have ever seen, along with the time. Patricia’s dedication is amazing, and she is always looking out for the best interest of the association. Every association I have managed, I have brought them in, and they were always grateful I did.

Elisa Andersen, Rivo at Ringling, Sarasota, FL

Comprehensive Solutions

After the initial reserve study is developed, we provide continued consulting; updates of reserve studies are available on an annual basis, by choice of the association.

We now offer building envelope and roof inspections with drones. The drone footage can assist with identifying stucco and paint issues on high-rise buildings and evaluate roof conditions on buildings with difficult roof access.

Patricia Staebler is a licensed commercial drone pilot and flies a DJI Phantom 4 Pro.

Please download our informative booklet for insurance appraisals and reserve studies.

Read this article about the importance of a Reserve Study & Insurance Appraisal during the Turnover Process.

Patricia Staebler is competent, friendly and a great resource. She helped us work through a complicated reserve report and her leadership was much appreciated. The report itself is very clear and very helpful.

Steve Lerner

We now offer building envelope and roof inspections with drones. The drone footage can assist with identifying stucco and paint issues on high-rise buildings and evaluate roof conditions on buildings with difficult roof access. Patricia Staebler is a licensed commercial drone pilot and flies a DJI Phantom 4 Pro.

Patricia Staebler with Drone
Patricia Staebler Piloting the Drone

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