ECONOMY. From 2015 to 2020, the MRCs in Chaudière-Appalaches recorded increases in the average property value of single-family residences. However, house prices vary a lot from one area to another.
Overall, the properties north of Chaudière-Appalaches have a higher land value. The MRCs of Montmagny and l’Islet are exceptions (see table).
For the year 2020, the city of Lévis and the MRC de La Nouvelle-Beauce are at the top. For a single-family residence, they show average property values of $ 286,724 and $ 210,663.
“Our location has a lot to do with (the price of houses). Sainte-Marie is 20 minutes from Quebec and has an excellent range of services. The cost of land is affordable. It also appears in the villages. Saint-Hénédine had a record year in residential construction. In Saint-Bernard, all the new lots have been sold, ”says Jérôme Drouin, director of the Property Assessment Department for the MRC de La Nouvelle-Beauce.
Under $ 200,000
Elsewhere in the region, average prices are below the $ 200,000 mark. The Lotbinière ($ 198,442) and Bellechasse ($ 195,136) RCMs have the best values in this regard.
In the south of the region, it is in the MRC Beauce-Sartigan where we find the greatest property value for a residence ($ 170,711). The MRC Robert-Cliche ($ 148,914) and Les Appalaches ($ 145,157) have lower resale prices.
At $ 128,181, the Les Etchemins MRC ranks last for the average value of a single-family residence in Chaudière-Appalaches. With this same data, Les Etchemins finds itself in ninth position on the provincial scene. The MRC of Le Golfe-du-Saint-Laurent, on the North Shore, ranks first for the lowest property value ($ 86,211).
“The western part of the MRC is doing better, including Saint-Prosper and Saint-Benjamin. Lac-Etchemin is also doing very well. We have few industries, but lots of businesses. In addition, people are rooted in the area. After their studies, many young people return to settle in Les Etchemins, ”says Jean-François Morin, coordinator of the MRC Les Etchemins evaluation service.
The pandemic has not changed anything
Except in Lévis, the pandemic has not reduced the value of properties in Chaudière-Appalaches. Between 2019 and 2020, the growth in the average price varies from 1.2% to 3.5% depending on the RCMs. The provincial average is 4.1%.
“I expected a real estate recession, but just the opposite happened. Many people wanted to buy a house with a large lot. With us, since the prices are more affordable, there have been a lot of sales. Lac Etchemin is attractive to the people of the city, ”says Jean-François Morin.
The data provided in this report comes from the summaries of the municipal property assessment rolls, compiled by the Ministry of Municipal Affairs and Housing (MAMH).
Average property value of single-family residences by MRC
| MRC | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | Variation | TCAM *
2020/2015 |
| Lévis | 279 325 $ | 283 785 $ | 287 964 $ | 286 548 $ | 288 146 $ | 286 724 $ | – 0,5 % | 0,5 % |
| New Beauce | 189 988 $ | 194 006 $ | 200 347 $ | 204 028 $ | 205 517 $ | 210 663 $ | 2,5 % | 2,1 % |
| Lotbinière | 188 748 $ | 193 861 $ | 195 574 $ | 195 273 $ | 196 052 $ | 198 442 $ | 1,2 % | 1 % |
| Bellechasse | 182 460 $ | 186 617 $ | 189 941 $ | 190 984 $ | 191 307 $ | 195 136 $ | 2 % | 1,4 % |
| Beauce-Sartigan | 149 497 $ | 156 908 $ | 158 673 $ | 162 334 $ | 168 382 $ | 170 711 $ | 1,4 % | 2,7 % |
| Montmagny | 145 071 $ | 152 751 $ | 155 408 $ | 156 958 $ | 159 413 $ | 161 417 $ | 1,3 % | 2,2 % |
| Robert-Cliche | 132 812 $ | 136 545 $ | 141 597 $ | 143 489 $ | 145 515 $ | 148 914 $ | 2,3 % | 2,3 % |
| Appalaches | 132 704 $ | 137 309 $ | 141 785 $ | 141 542 $ | 141 319 $ | 145 157 $ | 2,7 % | 1,8 % |
| L’Islet | 116 473 $ | 120 660 $ | 125 821 $ | 125 177 $ | 128 010 $ | 132 428 $ | 3,5 % | 2,6 % |
| Etchemins | 111 211 $ | 114 275 $ | 119 541 $ | 121 769 $ | 125 226 $ | 128 181 $ | 2,4 % | 2,9 % |
| Chaudière-Appalaches | 190 834 $ | 195 749 $ | 199 703 $ | 200 420 $ | 202 376 $ | 204 356 $ | 1 % | 1,4 % |
| Quebec (province) | 259 800 $ | 263 529 $ | 266 316 $ | 269 697 $ | 275 148 $ | 286 344 $ | 4,1 % | 2 % |
* AAGR: Average annual growth rate
Source: Quebec Institute of Statistics
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