2025 Townhome Reserve Study

Southern Village Homeowners Association Inc. authorized Giles Flythe Engineers to perform a Full Reserve Study for the Southern Village townhome community located in Chapel Hill, NC. The purpose of the reserve study is to assist the association in planning for future capital repair expenses. A reserve study is an important tool for an association to adequately fund capital reserve accounts through regular annual reserve contributions. Adequately funded capital reserve accounts reduce the need to defer capital repairs, collect special assessments or borrow funds for capital repair projects…

• 2025 Townhome Reserve Study, March 28, 2025 [PDF]