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Home building hit $2 million for January

New homes pushed buildings values up
construction blueprints stock
(Shutterstock)

An unusual surge in winter building permits for housing boosted construction values in the first month of this year.

Builders of six single family homes worth $2.1million were issued permits. Five are in the privately-developed West Park Subdivision on the city’s northwest end.

Value of the five averaged $321,320.

Only one new single-family home was issued by city hall in January 2018, worth $238,000.

The new homes pushed building values for the month to $2.19 million, more than double the $1.05 million from last year.

Other major permits for the month involved $499,000 for a condominium operation on Bradley Street on South Hill and $41,000 for apartment alterations at 800 Fourth Avenue Southwest.
 
Ron Walter can be reached at ronjoy@sasktel.net

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