Changes in Ownership and Value of Housing Stock Over Time Evds 697.10 Sara O’Neill Nicole McLellan Brier Ferguson Marcelo Figueira Submitted to: Dr. R.

Changes in Ownership and Changes in Ownership and Value of Housing Stock Over Value of Housing Stock Over

TimeTimeEvds 697.10Evds 697.10Sara O’NeillSara O’Neill

Nicole McLellanNicole McLellanBrier FergusonBrier Ferguson

Marcelo FigueiraMarcelo Figueira

Submitted to: Dr. R. Levy

Study Area: S-SE CalgaryStudy Area: S-SE Calgary

Age of Dwellings

•Concentric rings of development

•Newest development is on the periphery

•Majority of housing in the S-SE is constructed within the past 35 years

Single Detached vs. All Single Detached vs. All OtherOther19861986

S-SE

Calgary

Single Detached vs. All Single Detached vs. All OtherOther19911991

S-SE

Calgary

Single Detached vs. All Single Detached vs. All Other Other 19961996

S-SECalgary

Single Detached vs. All Single Detached vs. All Other 2001Other 2001

S-SE Calgary

Single Detached DwellingsSingle Detached Dwellings

68 68 70 71

57 5561

58

0

10

20

30

40

50

60

70

80

90

100

1986 1991 1996 2001

%S-SECity

AnalysisAnalysis

Proportion of Single Proportion of Single Detached compared to Detached compared to All Other Dwellings has All Other Dwellings has not changed not changed substantially between substantially between 1986 and 2001, in both 1986 and 2001, in both the S-SE and the City.the S-SE and the City. Further from the City Centre in the S-SE the Further from the City Centre in the S-SE the majority of housing types is Single Detached.majority of housing types is Single Detached.

Appears to be a more diverse housing stock in Appears to be a more diverse housing stock in the City Centre.the City Centre.

Average Dwelling Values & Average Dwelling Values & Ownership 1991Ownership 1991

S-SE

Calgary

Average Dwelling Values & Average Dwelling Values & Ownership Ownership 19961996

S-SECalgary

Average Dwelling Values & Average Dwelling Values & Ownership Ownership 20012001

S-SE

Calgary

72 74 77 81

28 26 23 19

0

10

20

30

40

50

60

70

80

90

100

1986 1991 1996 2001

% RentedOwned

58 60 6471

42 40 3629

0

10

20

30

40

50

60

70

80

90

100

1986 1991 1996 2001

% RentedOwnedCity

S-SE

Owned vs. Rented

AnalysisAnalysis

Percentage of owned Percentage of owned housing has increased housing has increased between 1986 and 2001, between 1986 and 2001, for both the S-SE and for both the S-SE and the City.the City.

At greater distances At greater distances from the City Centre the from the City Centre the proportion of Owned proportion of Owned dwellings is higher.dwellings is higher.

Proximity to major Proximity to major highways (ex. MacLeod highways (ex. MacLeod Trail) appears to Trail) appears to increase the ratio of increase the ratio of rented dwellings.rented dwellings.

Average Value of Dwellings in Average Value of Dwellings in S-SES-SE

0%

10%

20%

30%

40%

50%

60%

70%

0 50 100 150 200 250 300 350 400 450 500

Value of Dwellings (x1000)

1991

1996

2001

Average Value of Dwellings Average Value of Dwellings City WideCity Wide

0%

10%

20%

30%

40%

50%

60%

70%

0 50 100 150 200 250 300 350 400 450 500

Value of Dwellings (x1000)

1991

1996

2001

AnalysisAnalysis In both the S-SE and In both the S-SE and

the City the values are the City the values are unchanged during the unchanged during the 1991 and 1996 census 1991 and 1996 census tracts.tracts.

In 2001 there appears In 2001 there appears to be a large increase to be a large increase in the average value of in the average value of dwellings.dwellings.

Also, for both the S-SE Also, for both the S-SE and the City there is a and the City there is a wider distribution wider distribution around the higher around the higher values.values.

ConclusionsConclusions

The S-SE area is The S-SE area is predominately single predominately single detached dwellings.detached dwellings.

Ownership in the S-Ownership in the S-SE has increased, SE has increased, and the majority of and the majority of dwellings are owned.dwellings are owned.

Average value of Average value of dwellings in both the dwellings in both the City and the S-SE has City and the S-SE has increased between increased between 1996 and 2001.1996 and 2001.

QUESTIONS??QUESTIONS??

Thank you!Thank you!