Strata Depreciation Reports & Building Renewal: What You Need to Know

Strata councils and property managers across BC know that staying on top of long-term maintenance planning is no small task. Between navigating deprecation reports, Building Envelope Condition Assessments (BECAs), capital planning, and gaining strata approval for renovations, it’s easy to feel overwhelmed. 

Centra Install Pros has handled over 550 full-unit multi-family complex upgrades. We’re known for specializing in window and door replacement and full building envelope renewal, as well as providing guidance through the complex planning and approval process – but that’s not all. Our experts have years of experience working alongside strata reserve planning consultants, and we’re known for going above and beyond to assist with strata report planning and depreciation reports. 

What Is a Strata Depreciation Report? 

A strata depreciation report is a long-term planning tool that outlines the condition and projected repair/replacement costs of major building components (like windows, doors, roofing, cladding, etc.). 

Required every few years under the Strata Property Act, these reports help stratas: 

• Understand building depreciation 

• Forecast repair timelines 

• Build a capital plan or reserve fund study 

• Comply with regulations and plan for the future 

This is different to a Building Envelope Condition Assessment (BECA), which is more of a technical engineering assessment that details the understanding of the current conditions, risks, and moisture-related issues. A BECA essentially determines, in-depth, the true health of a building envelope. 

Not sure where to start? We offer expert strata report assistance, helping you interpret reports to make informed renovation decisions. 

Why Stratas Choose Centra: More Than Just a Contractor 

Unlike typical contractors, Centra Install Pros offers much more than just installation. We’re known as BC’s building envelope renewal specialists, working closely with strata councils and property managers throughout the planning and renovation process. Here’s how we help: 

Strata Inspection Report Guidance 

We assist with the planning and review of your strata inspection report, ensuring you’re confident in your path forward. 

Renovation Approval Made Easy 

Need strata approval for renovations? We know the process inside and out. We prepare the information, presentations, bylaw interpretations, and Q&A materials to help you secure owner support and approval. Every building is unique. If your bylaws require extra steps for renovations, we help you navigate that too. 

Consultation on Capital Planning 

Dealing with capital planning reports or reserve fund studies ourselves? We’ll help you understand the findings, prioritize upgrades, and plan a renovation that aligns with your reserve funding and timelines. 

In-House Manufacturing 

If you choose Centra to upgrade the windows and doors of your complex, then you benefit from working with a single team. We make our own high-performance windows and doors here in BC and they’re installed by our own team of Employee Owners. This means a more straightforward project and no chance of finger-pointing down the line. 

Peace of Mind with a 30-Year Warranty 

Our in-house manufactured windows and doors come with an unbeatable 30-year warranty – covering product, installation, and even labour costs. It’s the kind of long-term security that makes sense for strata buildings and multi-family investments.

When Should You Start Planning Your Strata Renovation? 

If your depreciation report or building envelope condition assessment shows aging cladding, leaky windows, or poor energy performance, now is the time to plan. The earlier you engage a building envelope renewal specialist, the smoother your renovation process will be – and the better your chances of strata owner buy-in. 

Don’t wait until small issues become big, expensive problems. We help you plan ahead, optimize your building’s performance, improve livability for all residents, and protect your long-term value. 

Need Help with Strata Reports or Renovation Planning? Let’s Talk. 

Whether you’re interpreting a strata depreciation report, looking for a reliable building envelope renewal contractor, or need help gaining strata renovation approval, Centra Install Pros is here to help. With over 40 years of experience in multi-family renovations, a hands-on approach to strata consultation, and the best warranty in the business, we make your next renovation project seamless. 

Centra: Your Building Envelope Renewal Specialists 

Contact Centra Install Pros today to schedule a consultation and get expert help with your building renovation, strata report, BECA, or capital planning needs.