What a reserve analysis costs
Fees depend mostly on how many components there are to count and how far the firm has to travel. Here are the typical ranges, rounded.
What moves the price
A reserve analysis is priced by the work, and the work is the component inventory. A 40-home townhome community with private roads and a single pool has perhaps 30 components. A mixed-use condominium with elevators, a parking structure and a clubhouse can have more than 150. Other things that move the fee:
- Buildings and stories. Shared roofs, siding and balconies add measuring and condition work.
- Records. A board that can hand over past invoices and the last analysis saves the firm hours.
- Distance. Many Utah firms are based along the Wasatch Front. Communities in St. George, Moab or the Uinta Basin may see a travel line.
- Timing. Autumn, before budget season, is busiest. Booking in spring is often quicker.
| Community | Typical fee | Range to scale |
|---|---|---|
| Under 50 homesTownhomes or a small condo, few amenities | $1,500 to $5,000 | |
| 50 to 150 homesPool, clubhouse, private roads | $2,000 to $8,000 | |
| 150 to 300 homesSeveral buildings or a large amenity list | $5,000 to $20,000 | |
| Over 300 homesMaster associations and resort communities | $10,000 and up |
Updates: with a site visit, roughly 50 to 80 percent of a full analysis fee; without one, often under $1,000. Typical ranges, a guide, not a quote.
Where these numbers come from
No Utah agency or trade body publishes reserve study fees. The ranges above come from published price pages and cost guides, rounded. They are a guide, not a quote: the only real price is the one a firm gives after seeing your component list.
Typical ranges, a guide, not a quote.
Paying for it
The analysis is an operating expense of the association. Some boards fund it from the operating budget in the year it falls due; others set aside a small amount each year so the six-year cost does not land all at once. Utah's statute limits what reserve money can be spent on, so check with the association's attorney before paying for the analysis out of reserves.
When you compare quotes, compare scope, not just price: whether a site visit is included, how many components are expected, whether the firm will present to the board, and how soon the draft arrives.
Use of reserve funds: 57-8a-211(9).
Questions boards ask
How much does a reserve study cost in Utah?
For a full analysis with a site visit, small communities (under 50 homes) typically pay $1,500 to $5,000; communities of 50 to 150 homes $2,000 to $8,000. Larger and more complex associations pay more.
Is a desk update cheaper?
Yes. Updates without a site visit are often under $1,000. They work when the last full analysis is recent and the board has good records.
Does the association or the manager pay?
The association pays, as an operating expense. Our introduction is free to the association; the firm we introduce pays us a referral fee.
Get a quote
It takes three short steps: the ZIP code, your contact details, then a few optional taps.
We are an introduction service, not a reserve study firm. We choose one firm that prepares reserve studies where your community is, tell you who it is, and forward your request only when you agree.
Thank you. Your request has reached us.
- Within one business day we contact you with the name of one reserve study firm that covers your community.
- If you say yes, your request goes to that firm. If you say no, it goes no further.
- The firm sets out its scope and fee. Any agreement is between the association and the firm, and we never add you to a mailing list.