The Truth About Depreciation Reports: Are Stratas Ready for Big Repairs?
Автор: The Garbutt + Dumas Real Estate Team
Загружено: 2025-10-15
Просмотров: 102
Описание:
Depreciation reports are one of the most important — and misunderstood — tools in strata real estate. These reports reveal the true condition of a building, outline upcoming repair costs, and can significantly influence a property's value and long-term investment potential.
James and Denny break down how depreciation reports influence strata health, budgeting, and property values, helping buyers and owners understand the real story behind the numbers.
This episode will focus on depreciation reports and why they’re required in B.C., how often depreciation reports should be updated, the connection between depreciation reports and strata fees or special levies, common red flags to look for in aging buildings and a call back to episode 40 on depreciation reports.
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James Garbutt
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Instagram: / jamesgarbutt
Facebook: / jamesgarbutt
Denny Dumas
[email protected]
Instagram: / denny.dumas
Facebook: / denny.dumas.5
Garbutt + Dumas Real Estate
Instagram: / gdrealestateteam
Facebook: / gdrealestateteam
Website: http://www.garbuttdumas.ca
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