Evolution of Homes through the Last 150 Years
The evolution of Canada’s housing market has transformed over the past 150 years as a strong and lively nation. The materials, land size and style of homes were much different than today. Living standards have been affected by these changes and have shaped the way we operate due to the increased privacy and security within a home.
In the early 1900s, the layout of your home was structured similarly to today’s homes, with a kitchen, bathroom and bedroom space, but these rooms were confined to a much smaller area. Imagine fitting your modern lifestyle along with several family members all into less than 1,000-square feet. You would be living a little too snug!
With the evolution of building materials and architectural techniques, homes today are designed to accommodate human necessities, along with providing a more luxurious and comfortable living experience. Due to upgrading your home to include nonessentials like a pool or theatre room, home sale prices have increased remarkably. However, the way of living has also changed throughout the years, making these additions a norm compared to home designs in earlier years. Although the selling price is more expensive with additions, it is difficult to find a place that does not already have a home extension. This is why people commonly decide to renovate their homes before selling, knowing they will, most likely, be able to get a higher resale value.
Changes in Urban Living
The first subway line on Yonge Street was built in the early 1950s allowing people to travel from an area with no urban development, to a significantly more city-like environment. Today, Yonge Street remains as the central square in downtown Toronto, where the streets are filled with liveliness because of the festivals and events taking place. Now, individuals do not have to travel a long way to be access amenities because homes and condo buildings are built with convenience in mind. In turn, almost every street in Toronto currently has, or is in the process of, developing new homes or reselling homes.
All these changes came about not because people are not satisfied with only having the basic necessities, but also because the materials to build modern homes in urban areas were just recently available to home builders, and continue to expand every day. Now, it’s possible for everyone to own their dream home in a great location.
Spectrum Realty would love to help you find your perfect home or sell your current one. If you are thinking of buying or selling a home, contact us today for realty services in the GTA and experience real estate in a new light.