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A Handbook For New Strata Corporation Residents

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9 THE BENEFITS OF STRATA LIVING Strata Corporations have standards and guidelines to protect the investment of homeowners, sustain a well-maintained Strata, and provide many other benefits. Here are just a few of the additional perks: • Stable property values. Strata Corporations have bylaws and rules , standards to keep curb appeal high, homes well-maintained, and the neighbourhood safe. This translates to better property values in the long run. • A sense of community. With common goals and shared activities, it's easy to connect with residents and create lasting bonds with neighbours. • Convenient amenities. Strata residents may enjoy private amenities, including pools, fitness centers, clubhouses, walking paths, playgrounds, parking garages and picnic areas. • Neighbourhood safety. Many Stratas have gated entry, restricted access to amenities, and rules for houseguests and gatherings in shared areas, which boost community security. • Conflict resolution. Stratas have best practices in place to mediate and resolve disputes that may arise between homeowners. This helps morale stay high and prevents issues from escalating. While Stratas may provide several benefits, homeowner involvement offers the most cherished rewards. Attend meetings, go to social events, engage with your community online, and look out for volunteer opportunities. The more you get involved, the more you'll be able to take advantage of everything your community has to offer. 2 3 4 5 6 7 8 9 10

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