The MOA Building Safety folks report 164 new home permits issued through April this year, the same as last year. In 2004 and 2003, however, the equivalent permit level was about 50% more, around 250 each year. Land use permits for Eagle River totaled 77, the same as last year.
The MOA's system for reporting remodeling permits was changed this year to include everything that requires a permit, such as replacing a water heater. Now it is not as easy from their reports to track whether larger-scale remodeling activity is up.
From industry contacts and conversations with contractors, however, it does appear that more people are undertaking to update and even expand their homes. This could be attributed in part to fewer new homes available. But also we have a large number of homes that are now 25 years old from the early 80's building boom that are in need of modernization.
For full property searches, virtual tours and many other Anchorage real estate resources, visit RealS8.com.
Monday, June 05, 2006
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