Permits for new single family homes at five-year high
Permits were pulled to begin construction of 16 new homes on Sanibel during the 2010 calendar year, which represents a five-year peak in new home construction on the island.
“Our trends support the fact that Sanibel remains a desirable community to reside and invest in, even during these most difficult economic times,” City Manager Judie Zimomra said on Monday.
According to city records, building permits for all construction, including remodeling and new homes on Sanibel for 2010 was recorded at $34,528,500. In 2006, 15 home permits were issued; 13 in 2007 and 13 in 2008. Last year, only seven permits were issued.
“I think you’d be hard pressed to find another city in Florida that more than doubled their home permits from one year to the next,” said Zimomra, who noted that the overall property values on Sanibel continue to rise due to the city approaching build-out. She estimated that approximately 90 percent of all buildable home lots on the island have been accounted for.
The permit numbers seen on Sanibel seems to echo a local trend as well. Last year, builders in unincorporated Lee County pulled 384 permits for new single family homes, including 19 permits in December 2010. The annual total compares to 331 permits issued in 2009, a 16 percent increase in home construction.
Overall, the number of permits issued by Lee County Community Development during 2010 was up 25 percent. Lee County issued a total of 30,481 building permits of all kinds in 2010, compared 24,374 the previous year.
“This is the first time in the past five years that residential permits increased,” said Mary Gibbs, director of Lee County’s Department of Community Development. “The last time we saw an annual increase was 2005.”
Compared to the previous year, residential permitting countywide was up in most categories, including additions (29 percent), pool enclosures (25 percent) and interior remodeling (14 percent). Permitting for multi-family dwelling units was up 17 percent, from 82 in 2009 to 96 in 2010.