Home Roofing Contractor Free Roofing 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 looking a the distribution of housing in Kent county based on the year it was built, the following items are worth noting:
- 17.7% of all the houses in Kent county were built before 1939 as compared to 15.3% for the state of Michigan.
- A total of 23.2% of the housing stock of Kent county was built before 1949 compared to 23.4% statewide.
- 35.8% of all the houses in Kent county were built before 1959 compared to 38.8% statewide.
- Between 1960 and 1979 saw the construction of roughly 26% of all houses in Kent county and the state of Michigan.
- 12% of the total housing stock of Kent county was built between 1980 and 1989 as compared to 9.9% for the state of Michigan.
- Finally we find that 27.7% of all the housing in Kent county was built after 1990 compared to 23.6% for the state of Michigan.
Based on the data above we can conclude that the housing stock for the target market of Kent county is actually quite old. 72.3% of the total housing stock of the county was built before 1990. This is excellent news for James and Carmine - roofs on homes tend to last between 20 to 25 years and usually after that they need some sort of repair or replacement depending on the amount of damage and depreciation. An aging housing stock like the one in Kent county promises that there will be plenty of business to go around for Dependable Roofing.
Quick Links:
- Go to the Corresponding Template section for this industry.
- Go to the Corresponding Questionnaire section for this industry.
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