Salt air, sun and rain
Marine exposure shortens the life of roofs, railings, lanais, elevators, and exterior coatings. Useful-life assumptions borrowed from the mainland run optimistic here.
SmartProperty® has decades of experience in Hawaii and more than 800 Hawaii properties on our platform. We have a local presence on the islands and an in-house reserve analyst who was born and raised in Hawaii, so your reserve plan reflects how your building actually ages and what it actually costs to fix.
Reserve studies built from generic assumptions leave Hawaii boards underfunded and surprised.
Hawaii buildings face conditions few other states do, and the cost of getting a repair wrong lands on owners as a special assessment. Local knowledge is what separates a reserve plan you can fund from one that only looks complete.
Marine exposure shortens the life of roofs, railings, lanais, elevators, and exterior coatings. Useful-life assumptions borrowed from the mainland run optimistic here.
Materials arrive by ship, labor markets are small, and contractor availability varies island to island. Replacement costs that ignore this leave reserves short.
HRS Chapter 514B requires condominium associations to base budgets on a reserve study, with an independent review and visual inspection at least every three years.
Dylan Emley · Reserve Analyst, HawaiiDylan holds the RS (Reserve Specialist) designation and has completed more than 500 reserve studies since 2018 on Oahu, Kauai, Maui, Lanai, and the Big Island. After years of onsite inspections, he understands the issues that matter to Hawaiian buildings, what repairs really cost here, and what the requirements ask of your board.
When SmartProperty inspects your property, the person walking it knows the neighborhood, the climate, and the contractors, and can explain the findings in plain terms.
SmartProperty has been revolutionary for how we implement and manage reserves.
If your association is a Purchasing Hui member, you have access to preferred pricing on a reserve study and the Living Reserve Study® platform. Tell us you’re a member and we’ll put together your proposal with the Hui discount applied.
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