Selling a Strata Condo or Townhouse in BC: What You Need to Know
Selling a strata property—like a condo or townhouse—has unique considerations compared to a detached home. Understanding the process can make the sale smoother and faster.
1. Strata Documents Are Key
Before listing, buyers will want to see:
- Strata Plan & Bylaws – Rules about pets, rentals, renovations, and use of common areas
- Depreciation Report – Shows the building’s maintenance plan and any upcoming major expenses
- Financial Statements & Fee Info – Monthly strata fees, contingency funds, and special assessments
- Strata Meeting Minutes – Gives insight into any issues or upcoming projects
We gather and review all these documents for you, ensuring buyers have everything they need.2. Alerting the Strata
Strata corporations usually require notification when a unit is being sold. We handle this communication, confirm rules for showings, and coordinate access to common areas.
3. Home Preparation & Staging
Strata buyers often focus on the interior and amenities, so making your unit look its best is crucial:
- Declutter and deep clean
- Professional staging to highlight space, light, and flow
- Showcase upgrades, finishes, and storage solutions
4. Marketing Your Strata Property
Marketing a strata unit is about selling both the home and the lifestyle:
- Professional photos and video tours of the unit and common areas
- Floor plans and digital brochures
- Social media promotion and email campaigns
- Listing syndication on MLS and partner sites
Highlight building amenities like gyms, pools, lounges, rooftop decks, and security features—buyers care about these!
5. Pricing & Strategy
- Pricing is based on recent sales of similar units in your building or neighborhood
- Consider unique features, upgrades, and floor plan layouts that add value
- Highlight lifestyle benefits such as location, transit, and community
6. Showings & Open Houses
- Schedule private showings and open houses, respecting strata rules
- Keep your unit tidy and staged for walk-throughs
- Ensure access to elevators, parking, and common spaces if needed
7. Offers, Negotiation & Closing
- Review and negotiate offers, conditions, and closing timelines
- Coordinate all strata-related paperwork with lawyers and the strata corporation
- Ensure a smooth handover to the buyer, including keys and access
8. Common Buyer Questions
Buyers often ask about:
- Strata fees and what they cover
- Any pending or upcoming special assessments
- Rental policies and pet restrictions
- Depreciation reports and building maintenance history
Being prepared with this information builds trust and helps your property sell faster.Selling a strata condo or townhouse requires attention to both your unit and the building as a whole. With proper preparation, marketing, and guidance, your strata property can sell smoothly and for the best possible price.
