Analysis of the Age of Properties in Quebec
The real estate market in Quebec is characterized by a diversity in the age of properties, reflecting the evolution of housing construction over the decades. Each age group of buildings offers different advantages and characteristics, catering to the needs of various types of buyers and sellers.
Here is a percentage breakdown of the ages of properties (buildings) in Quebec (source: Centris):
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Before 1960: 25%
Properties built before 1960 account for a quarter of the housing in Quebec. These houses, often laden with history and character, are appreciated for their old-world charm and distinctive architecture. -
From 1961 to 1980: 32%
Homes built between 1961 and 1980 make up the largest segment, at 32%. This period saw a rapid expansion in residential construction, notably with the rise of the suburbs. These houses also come with very large lots and now possess beautiful mature trees. -
From 1981 to 1990: 14%
Properties erected between 1981 and 1990 represent 14% of the real estate market. These buildings often benefit from modernized construction techniques and newer materials. -
From 1991 to 2000: 10%
Houses built in the last decade of the 20th century account for 10% of properties. These buildings incorporate improvements in energy efficiency and modern comfort. During these years, the density of neighborhoods began with smaller houses and lots. -
From 2001 to 2010: 12%
The constructions from this decade, representing 12%, are often synonymous with contemporary designs and high construction standards, offering improved comfort and superior energy performance. -
From 2011 to 2016: 6%
The most recent housing, built between 2011 and 2016, makes up 6% of the market. These buildings are generally equipped with the most advanced technologies in sustainable construction and energy efficiency.
An analysis of the age of properties in Quebec reveals that the majority of buildings were constructed before the 1990s, totaling 71% (25% before 1960, 32% between 1961 and 1980, and 14% between 1981 and 1990). This appears to demonstrate that fewer homes are being built compared to earlier years. With the population growth, it's not surprising that the price of current properties is increasing.
In conclusion, the Quebec real estate market offers a rich mix of old and modern properties, catering to a variety of buyer preferences in terms of architecture, comfort, and energy efficiency. Whether you are drawn to the historic charm of older houses or the modern conveniences of new constructions, Quebec has something to offer for every taste and need. Gail Meili, a residential real estate broker serving Hudson, Saint-Lazare, and Vaudreuil, is well-positioned to advise you on the type of house and its age that will best meet your expectations. With her expertise and deep knowledge of the market, Gail will guide you towards the ideal property, considering your preferences and budget. If you are looking to buy or sell a property, Gail Meili can assist you through the process.
GAIL MEILI
REAL ESTATE BROKER INC.
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Professional Office2555 Rue Dutrisac Bureau 110
Vaudreuil-Dorion, QC J7V 7N9
514 969-4134