November Building Permits Resume Normal Pace

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From the City of Central
Building permits resumed a normal pace during the month of November 2011 within the city of Central. A total of 10 new residential permits were issued.  The total building valuation of these permits was $2,363,426. 
Within these permits, two were issued in Woodstock with an average valuation of $210,631; one in Burlington Lakes with a valuation of $170,202; two in Wisteria Lakes with an average valuation of $212,748; one in Oak Cluster with a valuation of $348,304; one in Morgan Springs with a valuation of $143,686; and three on a private parcels of land with an average valuation of $284,825.  So far this year, a total of 129 new residential building permits have been issued.  
Building valuation is the price based upon the square footage of the home used for permitting purposes.  The actual selling price of the home is usually higher than the valuation and depends upon amenities installed by the builder.

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