Protect your property value

Your condo's value isn't just about your unit—it's about the entire building. A beautifully renovated kitchen means less when the roof is failing or the elevator breaks down monthly.

Buyers and their agents evaluate the whole package. They review reserve studies, funding levels, and maintenance history. A building with 100% funded reserves signals responsible management and predictable costs. An underfunded building signals risk.

This affects your unit's value in concrete ways:

• Appraisals reflect building health. Appraisers consider the association's financial condition. Underfunded reserves can drag down valuations across every unit in the building.

• Buyers discount for risk. A savvy buyer looking at an underfunded building will calculate the likely special assessments and subtract that from their offer. You pay for deferred maintenance whether you fix it or not.

• Lenders get cautious. Some lenders won't finance purchases in buildings that don't meet reserve thresholds. Fewer eligible buyers means less demand and lower prices.

Well-funded reserves aren't just about avoiding future costs. They're protecting the value of your largest asset right now.