---
title: How to calculate HOA or condo reserves?
description: Is there a rule of thumb in determining reserves and costs in establishing a budget for a 4-unit condo HOA. We had a budget drawn up by a consultant but we think the numbers are too high and were wondering if there is another way to determine costs.
image: https://www.condoassociation.com/hubfs/Stock%20images/Business%20man%20saving%20money%20in%20a%20piggy%20bank.jpeg
---

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# How to calculate HOA or condo reserves?

| [Condo Reserves](https://www.condoassociation.com/blog/topic/condo-reserves) |  

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## What do you think? Question:

Is there a rule of thumb in determining reserves and costs in establishing a budget for a 4-unit condo HOA. We had a budget drawn up by a consultant but we think the numbers are too high and were wondering if there is another way to determine costs.

[See Reserve Study Services](https://marketplace.condoassociation.com/?view=grid&filter_option_434899=434899)

 

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## What do you think? Answers (27)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

## Related Posts

### [Advice on budgeting for reserves in RI](https://www.condoassociation.com/blog/advice-on-budgeting-for-reserves-in-ri)

### [What's the difference between reserves and general maintenance expenses?](https://www.condoassociation.com/blog/whats-the-difference-between-reserves-and-general-maintenance-expenses)

### [How much should a reserve study cost?](https://www.condoassociation.com/blog/how-much-should-a-reserve-study-cost)

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