A depreciation report your council can actually plan from.
Depreciation reports are now mandatory for BC strata corporations with five or more lots, renewed on a five-year cycle - councils can no longer vote to defer them. But compliance is the floor: a good report becomes the council’s long-term maintenance plan, while a poor one sits in a drawer.
Through StrataReports, we’ve read thousands of depreciation reports across British Columbia and seen which providers’ projections held up years later. We use that experience to match your building with qualified professionals and collect competitive fee proposals for your council.
- You say what you need
- We find vetted providers and get quotes
- You decide - no obligation
Our process
How it works
- 1
Tell us what your building needs
Fill in one short form. It takes about two minutes. No searching, no phone tag.
- 2
We find your perfect match
A real person on our team matches your job with the companies whose real performance in buildings like yours proves they can do it well.
- 3
We collect written proposals for you
We aim to bring you at least two competitive proposals whenever practical, so you can compare real options side by side.
- 4
You decide
Take your time and review the options with your council. We earn nothing from the trades, so there is no pressure to pick anyone - or anyone at all.
Common questions
Depreciation Reports questions councils ask
- Are depreciation reports mandatory in BC?
- Yes. Strata corporations with five or more strata lots must obtain a depreciation report on a five-year cycle - the old option of deferring with an annual three-quarter vote has been eliminated. The report must project maintenance, repair, and replacement of common property over 30 years, with funding scenarios for the contingency reserve fund.
- Who is allowed to prepare a strata depreciation report?
- Since July 1, 2025, BC regulation restricts depreciation reports to six designated professional groups, including professional engineers, architects, applied science technologists, accredited appraisers, certified reserve planners, and professional quantity surveyors. Confirming a provider’s designation is now a required first step when comparing quotes.
- How much does a depreciation report cost in BC?
- Fees scale with the building’s size and complexity - small townhouse complexes may pay a few thousand dollars, while large or complicated buildings can pay well over ten thousand. Because scope and depth vary between providers, comparing two or three written proposals is the only way to see what your building’s fair price actually is.
- What makes a depreciation report good rather than just compliant?
- Clear component inventories, realistic local costing, readable funding scenarios, and photographs the council can actually use in planning and AGM discussions. Having read thousands of these reports, we’ve seen the difference between reports that guided a decade of maintenance and ones nobody opened again - and we match councils toward the former.
Studies & Professional Reports
Related services we can help with
Tell us what your building needs.
Fill in one short form. We’ll find the right professionals and collect written proposals for your council to compare. We take nothing from the trades - and the decision is always yours.
Start a Task- You say what you need
- We find vetted providers and get quotes
- You decide - no obligation