the Okanagan · British Columbia

Depreciation Reports in Kelowna

For Kelowna strata corporations, we prepare depreciation reports under the Strata Property Act — a 30-year projection, three funding models, sealed by a licensed Professional Engineer.

Request a Quote Call 604-227-1917

Kelowna, the Okanagan. View larger map

the Okanaganthe area this city sits in

~325 kmfrom our Vancouver office

Sealedby the licensed professional responsible

Fixed pricequoted for a defined scope

Depreciation Reports for Kelowna properties

What the report covers for a typical Kelowna strata corporation.

Depreciation reports for strata corporations in Kelowna, prepared under the Strata Property Act,, including a 30-year cost projection and three funding scenarios for the council to compare. Our Vancouver office, some 325 km distant, means the site visit is straightforward rather than something we have to plan around.

What gets covered depends on the building and on why the report is being commissioned in the first place. The purpose drives the scope, so tell us if it's for a deal, a filing, planning or a disagreement, and we'll confirm coverage before quoting.

There's no handoff between who prepares the report and who seals it — one licensed professional does both.

For the full report structure and process, the depreciation report page has the detail.

What we assess in Kelowna

Scope depends on the property, but these are the components that drive most local budgets.

Building envelopeExterior cladding, sealants, windows and doors, wherever the corporation holds responsibility for them.

RoofingSloped shingle assemblies on townhouse blocks, usually the largest single expenditure.

Site worksSite infrastructure — private roads, paving, curbs and lighting — which makes up most of the assessment here.

ParkingSurface lots or a structure, each with its own repair cycle and cost profile.

Mechanical & electricalCommon mechanical and electrical infrastructure — heating, ventilation, water and distribution.

Interior common areasCorridors, lobbies and stairwells, where finishes wear on a visible cycle.

Nearby areas we serve

We work across the Okanagan and the wider region.

Common questions

Depreciation Reports in Kelowna

Does my Kelowna strata need a depreciation report?

Corporations with five or more strata lots are covered, so in most cases yes. As of July 2024, deferral by three-quarter vote is no longer available, and the cycle is five years.

When is my deadline?

A 1 July 2026 deadline applies in Metro Vancouver, the Fraser Valley and the CRD, for corporations with no report or one predating 31 December 2020. The rest of the province has until 1 July 2027.

Who is qualified to prepare it?

A defined set of qualified professionals has been the requirement since July 2025. Ours come prepared and sealed by a licensed Professional Engineer.

How long does it take?

Four to eight weeks is typical, depending on property size and document turnaround.

Need a Depreciation Report in Kelowna?

Provide the property address and the report's purpose, and we'll respond with a fixed quote, usually within a business day.

Request a Quote or call 604-227-1917