Free Reserve Study Software

Free Reserve Study Software

Use our Free Reserve Study Software to create your own Reserve Study!

Do you have an outdated Reserve Study? Save time and money with our Free Reserve Study software! This tool is ideal for smaller HOAs with minimal common area assets. With this Free Reserve Study Software you will be able to…

  • Calculate your current percent funded level
  • Forecast future Reserve expenses
  • View a 20-year Fully Funded Balance table
  • Apply what-if scenarios to calculate your percent funded levels in the future
  • Update your current Reserve Study at no cost!

Purpose and Use

This Excel Spreadsheet is a useful tool for estimating the long-term reserve requirements for your association. It is designed to assist you determine the schedule and costs associated with common-area items your HOA is responsible to maintain/replace over (20-Years). To use this tool you will need a current Reserve Study or you will need to inspect, inventory (establish quantities), and enter data about the current condition of each common area component or system, as well as data on replacement costs and estimated lifespans for each component or system. You can then use this Free Reserve Study Software to compile your inspection and inventory data, analyze the replacement reserve balances over time and model the impact of varied annual reserve contributions (and special assessments) to best plan for the future needs of the association.
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