3 Final 2022-23 ReserveStudy-07-29-2022 reduced-compressed

Comp #: 1141 Building Exterior - Paint

Quantity: (1) Bldg; ~2,600 GSF

Location: Building exteriors Funded?: Yes. History: 2017

Comments: The building exteriors should be painted periodically to restore or maintain good aesthetic standards for curb appeal. As routine maintenance, we recommend that regular inspections, spot repairs and touch-up painting be included in the operating budget. Typical paint cycles can vary greatly depending upon many factors including; type of material painted, surface preparations, quality of material, application methods, weather conditions during application, moisture beneath paint, and exposure to weather conditions. In our experience, cost estimates for painting can vary widely, even when based on the same prescribed scope of work. Estimates shown here should be updated and revised as needed based on actual bids obtained or project cost history during future Reserve Study updates.

Useful Life: 10 years

Remaining Life: 4 years

Best Case: $ 4,000

Worst Case: $ 6,000

Cost Source: Allowance Estimate

Association Reserves, #6510-0

153

7/29/2022

Made with FlippingBook - Online magazine maker