5 Advantages of a Self-Managed Strata Corporation
A self-managed strata corporation is a community where the unit owners assume all management duties instead of contracting a professional strata manager. Owners handle maintenance, fees, bylaw enforcement and communications themselves—an attractive model for smaller or highly engaged buildings.
While self-management can demand significant time and expertise, it also offers substantial benefits when the ownership group is motivated and collaborative. Below are five key advantages.
- Cost savings. Avoiding professional-management fees can translate into significant budget relief. Owners retain control of spending and can direct funds toward priorities they define.
- Greater control. Decisions—from service contracts to bylaw enforcement—are made by the people who live in the building, allowing faster responses and tailored solutions.
- Improved communication. Because every owner participates in governance, information flows more freely and decisions are transparent.
- Enhanced sense of community. Working together on budgets, maintenance and long-term planning fosters camaraderie and shared purpose.
- Increased accountability. When owners manage their own property, they are directly responsible for efficiency, compliance and cost control—often resulting in more diligent stewardship.
Self-management is best suited to smaller or less complex corporations, or to communities where owners are ready to contribute time and skills. Before transitioning, research legal obligations, tap into reliable resources and ensure the team is prepared for the workload.
Not Legal Advice – The material provided on the StrataPress website is for general information purposes only. It is not intended to provide legal advice or opinions of any kind. Always consult a qualified professional before acting on information contained here.
