Contingency Reserve Fund (CRF)
The typical Langley strata building holds $3,424 per unit.
BUILT Pre-2000
$4,479 per unit
BUILT 2000+
$2,397 per unit
A lower reserve can reflect recent major work, not poor management.
Reserve funds, special levies, insurance deductibles, water damage history, and EV readiness across strata buildings in the city of Langley - extracted from real strata documents.
Contingency Reserve Fund (CRF)
The typical Langley strata building holds $3,424 per unit.
BUILT Pre-2000
$4,479 per unit
BUILT 2000+
$2,397 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
51%
Based on 35+ samples.
What each unit typically pays
$957 per special levy
Range: $334 - $2,235
How often levies are approved
83%
About 17% are voted down.
A levy can mean the strata is fixing a problem, not ignoring one.
Typical water deductible
$25,000
Most common claim type.
Based on 40+ samples.
Typical flood or sewer deductible
$25,000
A separate line item from water.
Based on 40+ samples.
Typical minimum earthquake deductible
$100,000
Plus ~10% of insured value.
Based on 40+ samples.
Water incidents per year
2.2per year
Average incidents in a strata building.
Based on 40+ samples.
Water incidents per 100 units
4per 100 units each year
Normalized for building size.
Based on 40+ samples.
Typical repair cost
$6,720per incident
Average repair cost per incident.
Based on 30+ samples.
Water incident rate by building age
Rates vary by building age.
BUILT Pre-2000
2.2
incidents per year
BUILT 2000+
2.2
incidents per year
Repeated patterns matter more than a single event.
How widely water events spread
Scope changes both disruption and insurance exposure.
175+ samples with a stated answer.
Buildings that restrict short-term rentals
97%
Where a clear bylaw exists.
30+ samples with a stated rule.
Buildings that ban both cats and dogs
8%
Buildings that prohibit both cats and dogs.
35+ samples with a stated rule.
Buildings that allow gas or propane BBQs
84%
Where a gas or propane barbecue is permitted.
30+ samples with a stated rule.
Elevators per 100 units
2.4
More elevators usually means less waiting and better service.
Based on 25+ samples.
Some EV readiness in place
40%
Planning stage
43%
No evidence of EV plans
17%
Compare the building's reserve fund per unit from the Form B against the Langley median of $3,424 shown on this page. The depreciation report will show whether the fund is on track for planned expenses.
The median reserve fund balance in Langley is $3,424 per unit, based on 40+ samples.
About 51% of strata buildings in Langley had an approved special levy within the last two years, based on 35+ samples.
Approximately 97% of sampled strata buildings in Langley have a stated restriction on short-term rentals.
The most commonly reported amenities in Langley are Party / Amenity room (found in 51% of buildings) and Bike Storage (46%). Gym / Fitness Room appears in 20% of sampled buildings.
Approximately 8% of sampled buildings in Langley 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.
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See a sample reportBased on 40+ samples in Langley. Always review the building's own documents.
Data last updated: July 1, 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.