Comp #: 601 Carpet - Replace Location: Throughout interiors Funded?: Yes. History: Unknown
Quantity: Allowance
Comments: As part of ongoing maintenance program, vacuum regularly and professionally clean as needed. Best practice is to coordinate at same time as other interior projects whenever possible to minimize downtime and maintain consistent quality standard. Timing of replacements is ultimately subjective. Estimates shown here are based on our experience with similar properties and general aesthetic qualities. Schedule can be updated/adjusted at the discretion of the Association for planning purposes.
Useful Life: 10 years
Remaining Life: 0 years
Best Case: $ 9,000
Worst Case: $ 14,000
Cost Source: Allowance Estimate
Comp #: 610 Tile Floor - Replace
Quantity: Approx 610 GSF
Location: Interior flooring Funded?: Yes. History: Unknown
Comments: As part of ongoing maintenance program, inspect regularly and repair or replace damaged sections as needed. With ordinary care and maintenance, tile in interior locations can last for an extended period of time, but replacement is often warranted eventually to enhance and restore aesthetic appeal in the common areas. Replacement costs can vary greatly depending on size and type of tiles selected. Our recommendation is to replace at the approximate schedule shown here, but this schedule can be adjusted at the Association's discretion.
Useful Life: 30 years
Remaining Life: 15 years
Best Case: $ 10,000
Worst Case: $ 18,000
Cost Source: ARI Cost Database
Association Reserves, #6510-0
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7/29/2022
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