Building space, building value

Residential space additions and the transformation of low-rise housing in Toronto

Dados Bibliográficos

ID11670326
AutoresM Buckley (0000-0003-4742-1796, University of Toronto Scarborough), Glenn Brauen (0000-0003-2047-0176, University of Toronto Scarborough, autor correspondente)
Ano2022
Volume44
Fascículo7
Páginas1433-1453
Data de publicação2022-07-21
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoUrban Geography (JOURNAL)
Identificadores do periódicoISSN: 0272-3638 • E-ISSN: 1938-2847
EditoraTaylor & Francis (PUBLISHER • GB)
DOI10.1080/02723638.2022.2100169
OpenAlexW4286007643
IdiomaEN
Citações recebidas4
Referências citadas50

While much research has documented the proliferation of new residential space in Toronto through condominiumdevelopment, homeowners have been adding significant space to low-rise, single-family homes across the city through housingadditions and basement underpinnings. In this article, we analyze nearly two decades of public building permit data to map the growthin these types of space-adding renovations since 2001. We show how these renovations have had significant impacts on low-rise homevalues as they have proliferated across the city in recent years. We discuss the importance of these types of renovations tounderstandings of equity wealth and housing supply, highlighting their impact on housing value assessments and on the irrevocabletransformation of housing assets across the downtown. In documenting the mutual constitution of these strategies in producing bothspace and value, we bring perspectives on speculative homeownership into closer conversation with scholarship on home renovationsand property upgrading”

Business · Downtown · Economic growth · Economics · Equity (law · Geography · Political science · Property value · Public housing · Real estate · Scholarship · Sociology · Value (mathematics · Housing Market and Economics · Housing, Finance, and Neoliberalism · Law · Urban Planning and Governance · Finance