Community

10 New Residential Permits Issued in January

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From the City of Central
 
    Building permits started off 2012 in the month of January in the city of Central with a total of 10 new residential permits being issued.  The total valuation of these permits was $2,165,042.00.  
    Within these permits, two were issued in Village at Magnolia Square with an average building valuation of $238,989; two in Morgan Springs valued at $177,762 each; three in Village Lakes with an average valuation of $212,725; one in Burlington Lakes valued at $163,320; one on Hubbs Rd valued at $211,416; and one on Rolling Oaks Ave valued at $318,628.  
    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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