Reserve Study or Inspection (Why You Need Both)
Q: "What's the difference between a Reserve Study and Inspection?"
A: Reserve Studies consist of financial notes to plan for product replacement. Inspections are actual conditions assessments on your building that check for wear and tear, leaks, and other potential damage. The industry sometimes uses these terms interchangeably, but they are two different things.
This guide will help you determine when you need a Reserve Study vs. an Inspection, define what kind of specialist to contact, and what questions to ask.
Reserve Study - Defining what exactly a "Reserve Study" is, how it is calculated, and who to call when you need one.
Problems with Reserve Studies - There are 4 main problems with Reserve Studies:
1. Estimated vs. Actual Costs
2. Forecasts are Not Always Reality
3. Surface-Level Observations
4. Outside Factors
How an Inspection is Different from a Reserve Study - Definitions of visual and invasive inspections and how they are different (and work in tandem) with your Reserve Study.
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Visual Inspections should be performed annually, when suspicious symptoms arise, when repairs are being done, after storms or other damage, and after any reported leaks. If symptoms of hidden damage are found, you have the option to proceed to targeted exploratory openings.
Damage prevention starts with routine visual checks!
Click the pictures below to learn about the most common symptoms of sick buildings:
Staining & Growth
Peeling Paint & Swelling
HEALTHY BUILDINGS, HAPPY PEOPLE
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