According to a study conducted by the specialist site Meilleuragents.com in the 11 largest French cities, the price of real estate with a balcony or a terrace has jumped on average by 4.7% since March 2020, against only 0.6% for dwellings without such access to the exterior. 

The effect of the coronavirus and the multiple lockdowns has not finished being felt on real estate.

According to a study carried out by the specialist site Meillagents.com in the 11 largest French cities, goods with a terrace or a balcony have seen their price explode: + 4.7% on average since March 2020, against only 0.6% for similar dwellings without these accesses to the outside.

A direct link with confinements

"The inhabitants of large cities remained locked in their homes [during confinement] and had a hard time not having easy access to the outside", analysis at the microphone of Europe 1 Thomas Lefebvre, the director of the 'study.

"Today, therefore, they are prepared to pay more to have access to a balcony or a terrace in their apartment."

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A difference of 12% on the final price

And this does not go unnoticed, since an apartment with one or the other now sells for 12% more than its equivalent without a balcony or terrace.

Before the crisis caused by Covid-19, this gap stood at 8%.