Montrose, COLO.— The Montrose County Planning and Development Division finished the year with strong numbers in regard to total permits issued, valuation, single family residence permits and single family residence valuation. The most impressive statistic was the increase in single family residence valuation—from approximately $8.5 million in 2016 to nearly $16 million last year.
“This increase is a positive sign for our local economy,” said Planning and Development Director Steve White. “It’s not uncommon to see new houses or even subdivisions being constructed to meet the demand. I am grateful to my staff for working hard to process a 27 percent increase in permits.”
The total number of permits issued in 2018 was 347 compared to 273 the prior year. Building permits are issued for a variety of home improvement tasks—additions, major remodels, patio coverings and more. Once a permit is approved, the planning and development staff then work with the assessor’s office to identify the increased valuation of the project. Total valuation for projects in 2017 increased from nearly $16.3 million to over $23.6 million—a 44 percent increase.
Separately, single family residences saw growth with 100 permits pulled in Montrose County in 2017. That’s nearly 79 percent more than 2016, which only saw 56 permits for single family homes. The highest year to date for single family residence permits was in 2006 with 134 permits. Additionally, 2006 boasted 354 total building permits issued. Since the economic downturn of 2008, permits have continued to rise each year.
For more information on the planning and development division, please visit www.montrosecounty.net.