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Clarity Appraisals Depreciation Reports

For over 15 years we have been helping BC Strata Corporations plan for the future with clear, detailed depreciation reports

Reliable

Clear financial planning guidance provided, compliant to the BC Strata Act. Precise reports tailored for you based on over 15 years of experience completing depreciation reports

Detailed analysis of building and site components tailored to local market conditions

Detailed, easy to read customizable reports with cash flows, benchmark analyses, visual charts, and vital report content

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Informative

What We Do

We specialize in detailed depreciation reports tailored for all types of strata corporations. We have 15 years of experience in preparing depreciation reports across BC.

Our Promise

Clear, accurate reports that help your strata plan for the future with confidence and are fully compliant to the Province of BC's requirements.

Paved road into a rural bareland strata subdivision surrounded by forest
Paved road into a rural bareland strata subdivision surrounded by forest
Row of wood-frame townhouse strata units with attached garages
Row of wood-frame townhouse strata units with attached garages
Three-storey wood-frame strata apartment building with balconies
Three-storey wood-frame strata apartment building with balconies

Why Your Strata Needs a Depreciation Report

As of July 1, 2026, every strata corporation in Metro Vancouver, the Fraser Valley, and the Capital Regional District with five or more units is required to have a current depreciation report on file. Under BC's Strata Property Act, corporations must renew this report on a five-year cycle — councils can no longer defer it by vote. A depreciation report gives your strata a clear, 30-year outlook on repair, maintenance, and replacement costs, along with funding models that show whether your contingency reserve fund is on track. Without one, owners risk being blindsided by special levies for major repairs that could have been planned for years in advance.

black blue and yellow textile
black blue and yellow textile

Our Services

Detailed depreciation reports tailored for BC strata corporations, for bareland, Townhouse, Apartment Condominium and Commercial Stratas.

Commercial strata building with loading bays and truck parking
Commercial strata building with loading bays and truck parking
Multi-storey strata condominium building with glass balconies on a residential street
Multi-storey strata condominium building with glass balconies on a residential street
Insurance Appraisals

Replacement Costs estimates (Insurance Appraisals) to ensure your strata is not under-insured as required by the Strata Act

Depreciation Reports

Comprehensive depreciation reports with detailed schedules that help plan your strata’s future. Expert advice to navigate maintenance and budgeting challenges with ease.

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Contact Us

Reach out to Clarity Appraisals for your strata depreciation report needs.

Contact

Clarity Appraisals Inc.
Eugene Steckley, BASc, MBA, P.App., AACI

Email

info@clarityappraisals.com

Toll Free: 1 877 450 8303

© 2025. All rights reserved.

Phone Number

Providing valued strata advisory services throughout all of BC from our local office in Salmon Arm.