2020 BC Residential Building Statistics & Trends Report

Current new homeowners who were the most satisfied with the overall building process included men (87%) and those aged 55 and older (86%).

Figure 37: Satisfaction with Building Process, 2020

The actual building process overall

43%

40%

11%

4%

Cost and budgeting of your home

37%

46%

9%

5%

3%

Time it took to build your home

43%

37%

10%

8%

The ongoing relationship you had with the builder/ developer/ contractor

37%

28%

17%

14%

4%

Very satisfied Somewhat satisfied Not very satisfied Not at all satisfied Do not know/not sure

Base: (among those with custom built or presale homes n=288)

After a decline in 2018, satisfaction with the building process mostly rebounded to 2016 levels. More specifically, satisfaction improved with the overall building process (from 79% in 2018 to 83% in 2020), the time it took to build the home (from 77% in 2018 to 80% in 2020), the cost and budgeting of the home (from 74% in 2018 to 83% in 2020) and the ongoing relationship with the builder/developer/contractor (from 64% in 2018 to 65% in 2020).

34 | P a g e

Made with FlippingBook - Share PDF online