Turn your reserve study into
a plan your board can actually run

A reserve study is a budget planning tool that identifies the major components your HOA is responsible for (roofs, elevators, parking lots, etc.), estimates their remaining useful life, and calculates how much your association should be saving each year to fund future repairs and replacements. Many states require HOAs to have a current reserve study, and proper funding helps avoid expensive special assessments.

You upload your reserve study PDF — no matter the format or engineering firm that produced it — and our AI reads every page. It extracts components, useful life estimates, cost projections, and funding levels, then organizes everything into an interactive dashboard. The whole process takes minutes, not the hours it would take to manually build a spreadsheet.

Yes. All uploads are encrypted in transit and at rest. Your data is stored in secure cloud infrastructure and is only accessible to your authorized board members. We never share your data with third parties.

No. You can upload your reserve study and see the AI-powered analysis completely free, with no account required. Creating a free account lets you save your results and invite other board members.

Your account transitions to the free tier, which includes 1 reserve study, 2 board member seats, and 12 months of project history. All your data is preserved — you never lose anything. Upgrading to Essential restores full access to unlimited studies, all board seats, AI reports, and project tracking tools.

Most HOA software platforms like AppFolio or Buildium are built for property managers running dozens of communities. They focus on accounting, dues collection, and work orders. Homey Reserve is purpose-built for the reserve study — the one document that determines whether your HOA can actually afford its long-term maintenance. We turn that document into an actionable plan, not just a line item in accounting software.

Yes. On the Essential plan, you can invite your entire board with role-based access. The free tier includes 2 seats, which is enough to get started. Because Homey stores your reserve data centrally, new board members can get up to speed quickly when terms change — no more lost spreadsheets or tribal knowledge.

We understand that most HOAs run on checking accounts, not credit cards. Essential plan subscribers can pay via annual invoice ($499/year), which gives your board a single line item to approve during budget season. Monthly billing via card is also available at $49/month.

Homey Reserve is not a replacement for a professional reserve study — it is the tool that makes your existing study useful between updates. Professional studies cost $3,000 to $10,000 and happen every 3 to 5 years. In between, most boards lose track of what was recommended. Homey digitizes your study so you can track projects, monitor funding health, and stay on schedule until the next update. Think of it as the difference between having a financial plan and actually following it.

Homey Reserve is designed with self-managed and small-to-mid-size HOAs in mind — communities of 20 to 200 units where volunteer board members handle most of the work. Property managers also use it to give their boards better visibility into reserve planning. If your community has a reserve study PDF, Homey can help you act on it.

At $499 per year (or $49 per month), Homey Reserve costs roughly $1 to $2 per unit per month for a typical small HOA. That is well below enterprise platforms like AppFolio ($3 to $5 per unit) or Buildium ($58+ per month), which are designed for property managers, not volunteer boards. Homey is purpose-built for reserve study management — you are not paying for features you will never use.