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Extended Lives: Understand the Expected Life Spans of Each System Component in Your Strata Managed Building

  1. Articles for Stratas & Home Owner Associations (HOA's)
  2. Extended Lives: Understand the Expected Life Spans of Each System Component in Your Strata Managed Building

We talk a lot about planned maintenance versus waiting for things to break and enduring the surprise costs to fix. We talk about these two things because such surprises have the potential to totally disrupt a Strata homeowner’s life.

Using the roof system of your building as a prime example, the accompanying picture shows the impact on your building’s roof life, particularly how that life expectancy can be dramatically extended through a regular maintenance program.

A roof system is one of many infrastructure systems that need to be considered for regular maintenance. Others are Balconies, windows, cladding, heating, boilers, access, elevators, to name just a few.

Take a look at the picture below, (you may need to click on the picture for clarity)  and note that your roof system has three categories of life expectancy relative to the maintenance program your Strata has chosen. They are:

-          No Maintenance

-          Reactive Maintenance

-          Planned Maintenance

We can provide detailed forecasts for the systems in your Strata that include a long range financial plan. And our program could end up costing you approximately the same amount per month as a coffee at your local Starbucks.

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system life wide2.jpg

Audience:

  • Owners
  • Managers

Topics:

  • Building Maintenance & Repairs
  • Predictive Analysis
  • Financial Management
  • Buying & Selling

Tags:

Preventative Maintenance Home Inspections Predictive Analysis Financial Management

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Canadian Strata Fund Track Solutions

Ph: 604.583.7100  | Email: info@canadiansfts.com

Mailing Address:
PO Box 12119
Murrayville RPO
Langley, BC
V2Y 0M6

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Headquartered in Langley BC, Strata Fund Track Solutions services are currently available in Vancouver, the Lower  Mainland, Fraser Valley, Interior & any city in BC.

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