Home   Plumbing Contractor   Free Plumbing and Heating Contractor Business Plan   4.14 Target Market Housing Stock by Year the Structure was Built Analysis

4.14 Target Market Housing Stock by Year the Structure was Built Analysis

When trying to understand the distribution of the housing stock for Mecklenburg County County based on the year it was built, we break the stock down into the following categories:

  1. Built 1939 or earlier
  2. Built 1940 to 1949
  3. Built 1950 to 1959
  4. Built 1960 to 1969
  5. Built 1970 to 1979
  6. Built 1980 to 1989
  7. Built 1990 to 1999
  8. Built 2000 to 2004
  9. Built 2005 or later

When we look at the housing stock for the target market of Mecklenburg County and break it down by age, we find out the following:

  1. Only 1.6% of the total housing stock of Mecklenburg County was built before 1939 as compared to 5.5% for the state of North Carolina.
  2. A whopping 48.6% of the total housing stock of Mecklenburg County was built between 1940 and 1959, compared to only 11.5% statewide.
  3. In the 3 decades starting 1960 to 1989 we saw 38.3% of the housing stock in the County get constructed - during the same period about 40.3% of the total housing stock in the state of North Carolina was constructed.
  4. The most striking part of the analysis is that only 11.5% of the total housing stock for Mecklenburg County was built after 1990 as compared to 42.7% statewide.

What this analysis clearly demonstrates is that the housing tock of Mecklenburg County is much older than the housing stock in the State of North Carolina. This may have to do with the fact that most of the State only witnessed a housing boom in the 1960's compared to the County which seemed to have benefited from a lot of construction post world war II.

With such an aging housing stock, there is little room for doubt that Central Plumbing and Heating will be making its bread and butter in the traditional repair business along with plenty of opportunity for lucrative remodeling projects.

Quick Links:

  1. Go to the Corresponding Template section for this industry.
  2. Go to the Corresponding Questionnaire section for this industry.

Small Business Owner Resource Center


Articles on the Small Business Financing Sources, the Small Business Loan Basics, small business loans Checklist and SBA Loans are incredible sources of knowledge for the small business owner.



Credit Report and Credit Score Analysis, how to Read a Personal Credit Report and all about Business Credit cover the intricacies of credit and are required reading for everybody.



The Foundation Grant Directory is a free listing of sources for grants by state. Why not look if there is some free money out there for your business. Hey - you never know!



The Business Loan Application covers every item you will need in your loan package and tells you how to get approved for business loans.



Fire your loan broker and use our Free Business Loans Bank / Lender Directory to find every bank in the country lending to small businesses.



If you are looking to start a business - look no further.  Check out the Free Incorporation Guide discussion and the State Incorporation Resource Directory.

Rate this page
Your feedback is important to us | Please rate this page
1 2 3 4 5