The country club had a large Board which had differing opinions of if a remodel was necessary for the clubhouse which was outdated but functional.
- Sought estimated costs for the remodel as well as a timeline based on their current reserve acount balance and future allocation rate.
- Was seeking a more comprehensive component list for the country club, swimming pool, park and tennis courts.
Reserve Data Analyst solution
Conducted a Client interview to specifically determine the scope of work due to differing opinion on the Board then proceeded to conduct all necessary site inspection as well as research all costs related to these country club assets.
- After conducting interviews determined the clubhouse was rarely used due to smell and grime of outdated but functional kitchen and bathrooms
- Conducted research to determine an estimated cost for the remodel and incorporated into the funding plan
- Site inspection indicated significant other costs to the tennis courts, fencing and pool which were not known to the Client
The estimate costs of the pool, tennis courts and remodel of the clubhouse were much greater than was anticipated by anyone on the Board so they had to re-evaluate what direction they would be heading in. They were satisfied with comprehensive nature of the reserve study.
- The pool water levels had been falling and were likely the result of leaking pool pipes per vendor. Pool re-plumbing recommended along with pool deck replacement
- Tennis courts and surrounding chain link fencing showed signs of significant wear and cracking, an indicator they were nearing the end of their useful life. Cost estimated were much greater as it did not appear an overlay would be possible on the asphalt surfaces - a much more costly replacement project was needed.
Reserve Data Analyst Value Score: 8.0 - Significant costs not taken into account by Board members were incorporated into the comprehensive reserve study!