Reserve Studies

Capital Planning with Clarity and Purpose: A Reserve Study is a strategic planning tool that helps building owners anticipate and prepare for major repair and replacement projects over time. It combines document review, stakeholder interviews, and a full property walkthrough to provide a comprehensive, long-term capital budget forecast. From roof and window replacements to elevator upgrades and mechanical system renewals, a Reserve Study offers insight into what’s coming—and what it will cost.

Proactive Planning for Capital Improvements

Managing a building means thinking beyond daily operations. Capital-intensive components, like roofs, risers, elevators, and HVAC systems, require substantial investment and careful timing. A well-prepared Reserve Study empowers owners to proactively plan for these projects, reducing financial surprises and supporting sustainable, well-maintained properties.

How We Work

K&H leads the Reserve Study process with a collaborative, multidisciplinary approach:

Architectural and Structural Assessment

Our team performs a thorough review of the building’s architectural and structural systems, documenting their condition and performance.

MEP/FP and Elevator Review

Consulting engineers contracted by K&H assess the mechanical, electrical, plumbing, fire protection, and elevator systems. Their input ensures that each building system is evaluated by the appropriate specialist.

Component-Based Reporting

Each major building component is analyzed and presented in the report with:
• A written description and supporting photographs
• A condition rating (good, fair, or poor)
• An estimated remaining useful life
• A projected replacement or repair cost

The result is a single, unified Reserve Study, customized to reflect the needs and realities of your specific building.

Key Features

  • Visual condition assessments grounded in field experience
  • Input from licensed architects, engineers, and consultants
  • Cost estimates based on industry standards, real-world conditions, and maintenance history
  • Evaluation of major systems including roofing, exteriors, interiors, elevators, and MEP/FP systems
  • Realistic planning tool to support long-term capital forecasting

 
 

Collaboration & Expertise

We believe that a Reserve Study should do more than deliver data—it should guide decision-making. Our assessments reflect input from design professionals, building management, and maintenance staff to create a practical, realistic view of system condition and performance. Age alone doesn’t dictate remaining life; we evaluate each component in context, taking usage, repair history, and observable condition into account.

More Than a Report—A Roadmap

While a Reserve Study may bring challenging news, it also provides a path forward. K&H frequently partners with owners beyond the report phase, helping to prioritize and implement capital programs in a way that’s practical, cost-effective, and aligned with the building’s goals.

 

Plan with Confidence

Ready to take control of your building’s future? Contact K&H to learn how our Reserve Study services can help you plan smarter, budget better, and maintain long-term building performance.

Contact

Thomas Flynn

Associate Principal

Caitlin Maggiano

Associate Principal, Manager

Interested in learning more about Reserve Studies with Klein & Hoffman?

CONTACT US