Reserve Fund Studies in Edmonton and Across Alberta
Kalham Consulting helps Edmonton and Alberta condominium boards plan ahead with Reserve Fund Studies and Life Cycle Costing. The team reviews common-property components, repair and replacement timing, estimated costs and long-term funding needs.
More than numbers on a spreadsheet.
The study combines property conditions with long-term capital and financial planning. The goal is to make technical and financial information understandable enough to support responsible Board decisions.
- Major common-property component identification
- Observed condition and reasonable service-life assumptions
- Repair and replacement timing
- Realistic long-term capital expenditure projections, including a 30-Year Replacement Schedule within the Reserve Fund Study
- Organized funding analysis
- Board review meeting before finalization
Collaborative from start-up through final report.
Property background, concerns and project history.
Prior studies, financial information, plans and supporting records.
Visual review of common property and Reserve Fund components.
Long-term capital plan, contributions and expenditure modelling.
Organized report and financial analysis for Corporation review.
Review findings, recommendations and funding requirements.
Incorporate agreed-upon revisions following the Board's review and issue the final Reserve Fund Study, authenticated by a licensed Professional Engineer.
Keep the plan current as conditions change.
Repair & Replacement Forecasts
Model significant work over multiple years to reflect practical schedules, available funding and property requirements.
Funding Options
Evaluate contribution increases, special levies, borrowing or blended funding strategies when standard contributions are not enough.
Annual Reporting & Updates
Reflect completed work, revised project costs, timing changes and other assumptions between formal Reserve Fund Study updates.
Kalham Reserve Fund Management Toolkit
COMPLIMENTARY WITH YOUR RESERVE FUND STUDY — A $199 VALUE!
A practical collection of seven professionally developed templates, checklists and planning resources designed to help condominium Boards and condo managers stay organized, track completed and deferred work, monitor property conditions and plan for upcoming capital expenditures.
A practical guide to reserve fund responsibilities and ongoing planning.
Helps Boards organize and monitor upcoming capital expenditures, with additional spreadsheets to track completed and deferred work.
Helps Boards document reserve fund activity, expenditures and planned projects for the current and upcoming fiscal years (two-year reporting).
Highlights important items Boards should review when evaluating their Reserve Fund Study.
Assists with routine visual reviews of common property components.
Allows owners to document observable conditions and report concerns regarding windows, doors and balconies.
Because a Reserve Fund Study shouldn't just sit on a shelf — it should be a working tool that helps Boards make informed decisions for years to come.
Ongoing Support Between Studies
Kalham can assist with additional spreadsheet reruns, updated planning assumptions and follow-up reporting as your property's needs change. These services are separate from the complimentary toolkit and may involve additional fees. Contact Kalham for the scope and pricing before proceeding.
Ask About Additional SupportReserve Fund questions, answered clearly.
How often is a Reserve Fund Study required in Alberta?
Alberta condominium corporations are required to complete a Reserve Fund Study at least once every five years. The study considers depreciating property and anticipated repair or replacement requirements over a minimum 30-year period.
What information does Kalham typically need?
The previous Reserve Fund Study, current financial information, Reserve Fund balances and contributions, drawings and condominium plans where available, completed-project details, engineering reports, contractor quotations and other relevant property documentation.
Do you provide a draft and meet with the Board?
Yes. A draft is provided for review, and Kalham’s fee includes a meeting with the Board after the draft is issued to review findings, recommendations and funding requirements before finalization.
Can major capital projects be phased over several years?
Yes. Significant projects can be modelled over multiple years where appropriate to reflect realistic construction schedules, available funding and the practical requirements of the property.
Can you model loans or special levies?
Yes. Kalham can evaluate increased Reserve Fund contributions, special levies, borrowing or a combination of funding methods where required.
Do you complete studies outside Edmonton?
Yes. Kalham provides Reserve Fund Study services throughout Alberta.
Board and manager resources.
Reserve Fund Studies in Edmonton and across Alberta.
Kalham works with condominium boards and managers in Edmonton and surrounding communities, as well as across Alberta, on new Reserve Fund Studies, study updates and long-term capital planning.
Researching a study for your condominium? Start with the Reserve Fund Study preparation checklist, compare Reserve Fund Study costs in Alberta, review Alberta study requirements, explore why condo fees rise in Alberta, or request a property-specific proposal.
Ready to request a proposal?
The private digital intake can include property information and supporting documents needed to prepare an accurate proposal.