Reserve Study Companies in Minnesota
3 firms based in Minnesota or working there regularly, and 7 national firms that cover it. Minnesota law sets rules for reserve funds but does not mandate a study (Minn. Stat. 515B.3-1141).
Firms based in Minnesota
Facts read from each firm's website. No ratings, no paid placements.
| Firm | Based in | Works in | Credentials stated | Services |
|---|---|---|---|---|
| Building Reservesbuildingreserves.com | Not stated | 11 states, including Minnesota | Not stated | reserve study |
| Criterium-Twin Cities Engineerscriterium-twincities.com | Edina, MN | Minnesota | PE | reserve study, transition study |
| Reserve Consultants, Inc.reserveconsultantsinc.com | MN | Minnesota | RS | reserve study |
National firms that serve Minnesota
Each states on its own site that it works in all fifty states.
About national firms| Firm | Based in | Works in | Credentials stated | Services |
|---|---|---|---|---|
| Apex Reserve Groupapexreservegroup.com | Irvine, CA | All 50 states | Not stated | reserve study |
| Association Reservesreservestudy.com | Not stated | All 50 states | RS, PE | reserve study |
| Global Solution Partnersglobalsolutionpartners.com | Not stated | All 50 states | RS, PE | reserve study, SIRS, insurance appraisal, transition study, capital planning |
| MillerDodson Associatesmillerdodson.com | Annapolis, MD | All 50 states | Not stated | reserve study, transition study |
| Reserve Advisorsreserveadvisors.com | Milwaukee, WI | All 50 states | Not stated | reserve study, SIRS, insurance appraisal |
| Reserve Data Analysisreservedataanalysis.com | Not stated | All 50 states | Not stated | reserve study, SIRS |
| The Falcon Groupthefalcongroup.us | Warren, NJ | All 50 states | RS, PRA | reserve study, SIRS, transition study, capital planning |
What Minnesota law says
Minnesota regulates reserve funds without requiring a study. Minn. Stat. 515B.3-1141 sets rules on how reserves are held, funded or disclosed for Common interest communities (fiscal years from January 1, 2012); nonresidential exempt; the amount the association should hold is left to the board, which is exactly the question a reserve study answers.
On disclosure: Annual report shows reserves (per CAI).
Budgets must include replacement reserves projected to be adequate based on remaining useful life; no study required by name. Owners with 51 percent of votes may approve special-assessment funding for up to four years.
General information checked against the statute, not legal advice. Governing documents can require more than the law does.
is the statutory cycle; the full wording is in the card above.
for a full study with a site visit in a community of 50 to 150 units, November 2026.
Tell us the association's size and the ZIP code and we will find a firm that works in Minnesota.
Get a quoteWhat a study costs in Minnesota
Firms price a reserve study by the work, not the state: the number of buildings, the length of the component list, the level of service and the travel. A community of 50 to 150 units usually pays $2,000 to $8,000 for a full study with a site visit; an update with a visit is quoted at about 50 to 80 percent of a full study, and an update from the desk at 25 to 50 percent of a full study, often under $1,000 for a small community. The cost page has the estimator, the ranges by community size and where the figures come from.
Proposals from firms in Minnesota will differ on the level of service before they differ on the fee. Comparing proposals sets out what to read first.
Questions from boards in Minnesota
Is a reserve study required in Minnesota?
How often should an association in Minnesota update its reserve study?
What does a reserve study cost in Minnesota?
Who can perform a reserve study in Minnesota?
Where this information comes from
Related pages
- Requirements in every stateThe full table with citations.
- Reserve study costEstimator and ranges by size.
- How to compare proposalsScope first, fee last.
Request proposals in Minnesota
The community ZIP code, how to reach you, then a few taps about the association. About a minute, and nothing is sent to a firm until you say so.
This is a free introduction service, not a reserve study provider. We find one firm that works in your state and tell you its name before anything is shared. Nobody contacts you until you say yes.
Thank you. Your request is logged.
- We look for a reserve study firm that covers your state and does the kind of study you described, then email or call to tell you which firm it is.
- Your details reach that firm only if you say yes.
- The firm sends a written proposal with the scope, the level of service and the fee. No marketing from us, ever.