Comp #: 610 Tile Floor - Replace (Kitchen)
Quantity: Approx 500 GSF
Location: Kitchen 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: 4 years
Best Case: $ 8,000
Worst Case: $ 12,000
Cost Source: Allowance Estimate
Comp #: 613 Wood Floor - Refinish
Quantity: Approx 1,800 GSF
Location: Main Room Flooring Funded?: Yes. History: 2019: $11,000
Comments: Wood flooring should be refinished periodically to restore appearance and prolong total life of the surface prior to replacement. Since we are planning for replacement, consider this cost to be supplemental to the replacement cost. Then, once replaced, plan to refinish on the schedule below. Continue to monitor and adjust as needed in future Reserve Study updates.
Useful Life: 10 years
Remaining Life: 4 years
Best Case: $ 10,000
Worst Case: $ 15,000
Cost Source: Allowance Estimate
Association Reserves, #6510-0
163
7/29/2022
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