Five-year reserve planning My HOA Budget

Bear, Delaware townhome HOA

Unclaimed profile

Brennan Estates

Brennan Estates is a townhome HOA in Bear, Delaware. This profile tracks monthly dues $33/mo, 824 units, built in 2003, managed by ASPEN PROPERTY MANAGEMENT, reserve study status not yet verified, along with amenities...

townhome Public records Reserve health: Unknown Browse Bear communities Delaware reserve laws

Profile 78% complete — source gaps remain

HOA dues, reserve study, and community facts

Units 824
Year built 2003
Monthly dues $33/mo
Reserve health Unknown
Management ASPEN PROPERTY MANAGEMENT
Active listings 1
Median sale price $495K

Amenities

TennisPlayground

Board and management

Heather Pasquariello President
Courtney Glasgow-Rinaldi Vice President
Andrea Tully Secretary
Mike Doyle Treasurer

Reserve study and funding

Reserve balance $176.8K

5-year outlook

What changes this five-year example?

Special assessments can run into thousands per unit when major work outruns reserves. This starts with the known numeric values listed below, then lets you change every example before relying on the result for Brennan Estates.

Reserve-health labels, year built, and Delaware law summaries are not used to change the solver numbers.

Editable assessment example Adjustable dues increases Five-year reserve projection
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Known values applied: unitCount -> unit count; reserveBalance -> starting reserve; duesRange lower bound -> annual dues revenue.

Editable examples, not community facts: annual operating expense: editable example scaled from annual revenue at 84%.

Local calculator

Five-year reserve projection from reviewed numbers

Start with the example, enter figures by hand, or review local files before applying values. Nothing here is uploaded or saved by MHB. This example is not a reserve study, a funding-sufficiency conclusion, or an assessment prediction.

5-year ending reserve-$974KProjected below zero

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Review documents or enter the same values by hand.

Files are read only in this browser, are not uploaded, and are not stored by MHB.

Scenario figures can be entered manually or read from local files.

Budget

Dues revenue, operating expense, and unit count.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Reserve study

Starting reserve balance and scheduled capital work.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Assessment history

Assessment amount and projected year.

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Enter figures manually

These whole-number fields match the document review fields. Changing them recomputes the projection immediately.

$0EXAMPLE TARGET - $1.0M202620272028202920302031-$974K
Projection text equivalent
YearReserve balance
2026$177K
2027$84K
2028-$152K
2029-$683K
2030-$907K
2031-$974K
5%
4%

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Current ending balance-$974K
Current lowest balance-$974K2031
Ending deltaSave baseline

Save the current case before changing controls to compare ending balance, lowest balance, and yearly deltas.

Fields: manual entry fields; ending delta: 0; lowest delta: 0

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Send the reserve-planning context and keep the follow-up focused on board decisions.

Plan our next five years

About Brennan Estates

Brennan Estates is an 824-home townhome community in Bear, Delaware, built in 2003. Public association materials describe common areas that include tennis courts, tot lots, open space, walking paths, and a pump station alongside the residential community.

What we know

  • Property type: Townhome
  • Units: 824
  • Year built: 2003
  • Monthly dues: $33/mo
  • Address: 13 Laurel Way, Bear, DE, 19701
  • Amenities: Tennis, Playground
  • Active listings: 1 as of April 2026
  • Median sale price: $495K
  • Management company: ASPEN PROPERTY MANAGEMENT
  • Website: Brennan Estates Association
  • Board officers: Heather Pasquariello, Courtney Glasgow-Rinaldi, Andrea Tully, Mike Doyle
  • Reserve balance: $176.8K reported in the association’s January 31, 2022 balance sheet

Reserve health

Reserve health hasn’t been verified for Brennan Estates yet. Before you approve a budget, pay a special assessment, or close on a unit here, Delaware law defines exactly what reserve records a townhome HOA must keep and what owners can request — see Delaware HOA reserve funding rules.

What’s still missing

  • Reserve study date
  • Reserve funding percentage

Verification note

This profile is based on the sources named in its profile footer. It has not been board-verified; confirm material facts directly with the association.

Delaware laws that apply here

Board meeting notice

Delaware HOA and condo board meeting notice rules, in plain language

How Delaware's Uniform Common Interest Ownership Act handles board meeting notice for all community types — a 10–60-day statutory window, mandatory quarterly meetings, open meetings after developer turnover, and a 60-day window to challenge improperly noticed actions.

Del. Code tit. 25, § 81-308A — Delaware Uniform Common Interest Ownership Act, executive board meetings Reserve funding

Delaware condo reserve funding rules, in plain language

How Delaware's Uniform Common Interest Ownership Act and legacy Unit Property Act handle condominium reserves — with minimum-percentage budget allocations, a reserve-study framework, and phase-in timelines for older communities — and what that means for a condo board, owner, or buyer.

25 Del. C. ch. 81 — Delaware Uniform Common Interest Ownership Act (§§ 81-103, 81-315, 81-324); 25 Del. C. ch. 22 — Unit Property Act (§§ 2244–2246) Reserve funding

Delaware HOA reserve funding rules, in plain language

How Delaware's Uniform Common Interest Ownership Act and legacy Unit Property Act actually handle reserves — with an explicit repair-and-replacement reserve definition, a five-year reserve-study concept, and minimum-percentage allocations for some condos — and what that means for a board, owner, or buyer.

25 Del. C. ch. 81 — Delaware Uniform Common Interest Ownership Act (subchapter III: management, including §§ 81-315 and 81-324); 25 Del. C. ch. 22 — Unit Property Act (subchapter VIII)

Profile verification status

This profile has not been claimed or verified by the board or property manager. Treat missing details as unknown, and confirm important facts directly with the association before relying on them.

Next step

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