Depreciation report
What will your depreciation report cost?
Depreciation reports are required for BC stratas with five or more lots, every five years, with no deferral since July 1, 2024. This gives a budgeting range by building type so you can plan and compare quotes.
Enter your numbers to see the result.
Estimate for general information and demonstration only — not legal, financial, or accounting advice. Market figures are directional ranges built from published BC benchmarks as of 2026-05-30, not a quote and not per-building data. Actual costs vary by firm, scope, and building. Compare real proposals before deciding. Full disclaimer & sources
The report sets the real number.
A qualified depreciation-report provider or reserve planner models your building — get two or three quotes. Third-party tools can also dig into the documents. These links are unpaid — Strata Match doesn't earn a fee if you use them.
Questions
Common questions
How much does a depreciation report cost in BC?
Roughly $2,500–$4,500 for a townhouse or small complex, $4,500–$7,000 for a mid-size low-rise, and $7,000–$15,000 or more for a high-rise or complex building. Price moves with size, mechanical complexity, age, and location.
Are depreciation reports mandatory?
Yes, for stratas with five or more lots, at least every five years. The annual 3/4 vote to defer was removed on July 1, 2024.
Is an update cheaper than a first report?
Often, yes. Updating an existing report can cost less than a first-time report, since the baseline inventory already exists. Ask each provider how they price updates.