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Reserve Study Companies in South Dakota

No firm in our list is based in South Dakota yet; the 7 national firms below all state that they serve it, and we add local firms as we confirm them. South Dakota has no statewide law requiring a reserve study, so the governing documents and the lender decide.

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National firms that serve South Dakota

Each states on its own site that it works in all fifty states.

About national firms
National reserve study firms serving South Dakota
FirmBased inWorks inCredentials statedServices
Apex Reserve Groupapexreservegroup.comIrvine, CAAll 50 statesNot statedreserve study
Association Reservesreservestudy.comNot statedAll 50 statesRS, PEreserve study
Global Solution Partnersglobalsolutionpartners.comNot statedAll 50 statesRS, PEreserve study, SIRS, insurance appraisal, transition study, capital planning
MillerDodson Associatesmillerdodson.comAnnapolis, MDAll 50 statesNot statedreserve study, transition study
Reserve Advisorsreserveadvisors.comMilwaukee, WIAll 50 statesNot statedreserve study, SIRS, insurance appraisal
Reserve Data Analysisreservedataanalysis.comNot statedAll 50 statesNot statedreserve study, SIRS
The Falcon Groupthefalcongroup.usWarren, NJAll 50 statesRS, PRAreserve study, SIRS, transition study, capital planning

What South Dakota law says

There is no South Dakota statute that requires a community association to commission a reserve study. The governing documents often do, lenders and insurers increasingly ask for one, and the board's duty to budget prudently is the same whether or not a statute spells it out.

CAI June 2026 summary lists no reserve study or reserve funding requirement and no reserve disclosure.

General information checked against the statute, not legal advice. Governing documents can require more than the law does.

3 to 5 yrs

between studies is the usual practice where no statute sets a cycle.

$2,000 to $8,000

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 South Dakota.

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What a study costs in South Dakota

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 South Dakota will differ on the level of service before they differ on the fee. Comparing proposals sets out what to read first.

Nearby in the Midwest

Questions from boards in South Dakota

Is a reserve study required in South Dakota?

South Dakota has no statewide law requiring a reserve study, so the governing documents and the lender decide.

How often should an association in South Dakota update its reserve study?

With no statutory cycle, the usual practice is an update with a site visit every three years and a full new study every five to ten, or sooner after major work or a special assessment.

What does a reserve study cost in South Dakota?

Fees are quoted per association, not per state. A community of 50 to 150 units usually pays $2,000 to $8,000 for a full study with a site visit; firms quote an update with a visit at about 50 to 80 percent of a full study and an update without one at 25 to 50 percent of a full study, often under $1,000 for a small community. Travel to a remote community adds to the fee.

Who can perform a reserve study in South Dakota?

South Dakota law does not restrict who may prepare a reserve study. Boards usually look for a Reserve Specialist (RS), a Professional Reserve Analyst (PRA) or a licensed engineer, and for a firm that has studied communities like theirs.

Where this information comes from

Related pages

Request proposals in South Dakota

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.

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