How to use this page
Check the money
Reserve fund, special levies, and insurance deductibles.
Check the building condition
Water history, repairs, and age-related patterns.
Check the rules and lifestyle fit
Pets, rentals, EV charging, and key rules.
Compare strata buildings across Fraser Valley MLS Board on reserve funds, levies, insurance, water risk, bylaws, and EV readiness. See what's typical before reviewing a specific building.
How to use this page
Check the money
Reserve fund, special levies, and insurance deductibles.
Check the building condition
Water history, repairs, and age-related patterns.
Check the rules and lifestyle fit
Pets, rentals, EV charging, and key rules.
Source: StrataReports. If you reference this data, please link back to this page.
Strata Costs
Reserve funds, levies, and deductibles help show future cost pressure.
Contingency Reserve Fund (CRF)
The typical Fraser Valley strata building holds $2,836 per unit.
BUILT Pre-2000
$3,614 per unit
BUILT 2000–2015
$3,617 per unit
BUILT 2016+
$1,904 per unit
A lower reserve can reflect recent major work, not poor management.
Special Levies
One-time charges for major repairs or projects.
Had a special levy in ~2 years
55%
Based on 55+ samples.
What each unit typically pays
$779 per special levy
Range: $382 - $1,770
How often levies are approved
72%
About 28% are voted down.
A levy can mean the strata is fixing a problem, not ignoring one.
Insurance
Typical strata insurance deductibles in Fraser Valley.
Typical water deductible
$25,000
Most common claim type.
Based on 60+ samples.
Typical flood or sewer deductible
$25,000
A separate line item from water.
Based on 60+ samples.
Typical minimum earthquake deductible
$100,000
Plus ~10% of insured value.
Based on 55+ samples.
Water & Repairs
Water issues can point to repair risk and future cost.
Water incidents per year
2.5per year
Average incidents in a strata building.
Based on 60+ samples.
Water incidents per 100 units
3per 100 units each year
Normalized for building size.
Based on 55+ samples.
Typical repair cost
$7,845per incident
Average repair cost per incident.
Based on 55+ samples.
Water incident rate by building age
Rates vary by building age.
BUILT Pre-2000
2.4
incidents per year
BUILT 2000–2015
2.5
incidents per year
BUILT 2016+
2.6
incidents per year
Repeated patterns matter more than a single event.
How widely water events spread
Scope changes both disruption and insurance exposure.
295+ samples with a stated answer.
Bylaws & Lifestyle Rules
Rules on pets, rentals, BBQs, and amenities can affect fit.
Buildings that restrict short-term rentals
94%
Where a clear bylaw exists.
45+ samples with a stated rule.
Buildings that ban both cats and dogs
19%
Buildings that prohibit both cats and dogs.
55+ samples with a stated rule.
Buildings that allow gas or propane BBQs
68%
Where a gas or propane barbecue is permitted.
35+ samples with a stated rule.
Elevators per 100 units
2.1
More elevators usually means less waiting and better service.
Based on 25+ samples.
EV Charging
How prepared Fraser Valley strata buildings are for EV charging.
Some EV readiness in place
41%
Planning stage
39%
No evidence of EV plans
20%
Buyer Due Diligence
Compare area benchmarks with the building's own documents.
Compare the building's reserve fund per unit from the Form B against the Fraser Valley median of $2,836 shown on this page. The depreciation report will show whether the fund is on track for planned expenses.
The median reserve fund balance in Fraser Valley is $2,836 per unit, based on 60+ samples.
About 55% of strata buildings in Fraser Valley had an approved special levy within the last two years, based on 55+ samples.
Approximately 94% of sampled strata buildings in Fraser Valley have a stated restriction on short-term rentals.
The most commonly reported amenities in Fraser Valley are Bike Storage (found in 33% of buildings) and Party / Amenity room (29%). Gym / Fitness Room appears in 14% of sampled buildings.
Approximately 23% of sampled buildings in Fraser Valley do not allow dogs, based on stated bylaws.
The statistics above are a starting point. Every strata building has its own document package - hundreds of pages covering finances, insurance, bylaws, and building condition. It’s the only way to truly understand what you’re buying into.
Once you have the documents, start here
Bylaws & rules
Pet policies, rental restrictions, and daily obligations - these rules decide how you actually live in the building.
Insurance certificate
Deductibles, coverage limits, and what you're personally on the hook for if something goes wrong.
Depreciation report
The funding plan, how much life is left in major components, and when big-ticket repairs are coming.
Recent council minutes
Unresolved disputes, upcoming projects, and how decisions actually get made.
Already have the document package?
Skip the 300‑page read.
We pull out the key risks, costs, and rules so you don’t have to.
See a sample reportData & Methodology
Based on strata documents from Fraser Valley buildings in our dataset.
Based on 65+ samples in Fraser Valley. Always review the building's own documents.
Data last updated: May 17, 2026
Age of buildings in this dataset
Where this market sits by building age.
Building types in this dataset
Towers, townhouses, mixed-use, and more.
Dive deeper or compare strata statistics across related areas.