Comp #: 614 Wood Floor - Replace
Quantity: Approx 2,670 GSF
Location: Main Room Flooring Funded?: Yes. History: Unknown
Comments: Wood flooring should eventually be replaced due to wear and deterioration, as well as for aesthetic changes in the common areas. In some cases, multiple sanding/refinishing projects will wear down thickness of the flooring to the point where refinishing is no longer an option. 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: 30 years
Remaining Life: 4 years
Best Case: $ 45,000
Worst Case: $ 65,000
Cost Source: ARI Cost Database
Comp #: 717 Exterior Doors & Windows - Replace
Quantity: Allowance
Location: Building Exteriors Funded?: Yes. History: 1986
Comments: Approximately (1) entry door set, (65) windows, (14) glass doors, (13) metal doors. All windows and doors are assumed to have been compliant with applicable building codes at time of installation. Inspect regularly for leaks and cracks around frame and repair as needed. Clean tracks and ensure hardware is functional to prevent accidental damage during opening/closing. With ordinary care and maintenance, useful life is typically long but often difficult to predict. Many factors affect useful life including quality of window currently installed, waterproofing details, exposure to wind and rain, etc. Individual windows and doors should be replaced as an Operating expense if damaged or broken. Plan for comprehensive replacement of all areas (unless otherwise noted) at the approximate interval shown here. Costs are based on replacement with good quality, impact- resistant models.
Useful Life: 40 years
Remaining Life: 5 years
Best Case: $ 60,000
Worst Case: $ 100,000
Cost Source: Allowance Estimate
Association Reserves, #6510-0
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7/29/2022
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