Monday 21 September 2009

Building starts jump in August

It was bigger and better for Cramahe Township building in August as two new homes were started and the permit came through for the Tim Horton's restaurant.

The biggest piece to the puzzle was a $700,000 home started on Lakeshore Rd. Tim Horton's building is worth another $450,000 plus the $25,000 tag on its sign. The second single-family dwelling on County Rd. 2 is valued at $220,000.

The $1,550,300 is nearly half of the total building in Cramahe for the year and riases the total to $3,718,120. Ten homes have been started by the end of August, compared to 16 last year at the same time. Some August sales at Colborne Creek will bump this year's figure up more when the permits come in.

Last year at this time there had been $12 million in building starts. That number included two industrial buildings. There have been 64 permits issued in the first eight months of 2009 compared to 73 last year.

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