Comp #: 606 Slate Floor - Replace
Quantity: Approx 1,550 GSF
Location: Common areas Funded?: Yes. History: 2014
Comments: This flooring should enjoy a full useful life. Maintain as needed as an operating expense. Funding for eventual replacement on roughly the schedule below. Continue to monitor and adjust as needed in future Reserve Study updates.
Useful Life: 30 years
Remaining Life: 22 years
Best Case: $ 25,000
Worst Case: $ 37,000
Cost Source: Allowance Estimate
Comp #: 609 Tile Floor - Replace (West Room)
Quantity: Approx 1,180 GSF
Location: West room flooring Funded?: Yes. History: 2014
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: 22 years
Best Case: $ 20,000
Worst Case: $ 27,200
Cost Source: Allowance Estimate
Association Reserves, #6510-0
221
7/29/2022
Made with FlippingBook - Online magazine maker