Raleigh Relocation Information
Impact Fees Increasing in Orange County
Chapel Hill School District Cost of Building Going UP!
There are a multitude of different permits and fees required to build any new home. Orange County and Chapel Hill have long had some of the highest fees in the Triangle.
And they're going up.
These fee increases were approved in December 2008, with new increases taking affect each January.
Building in the Chapel Hill or Carrboro City School Districts?
Before January 1, 2009, the Chapel Hill School District Impact Fees were $4407 per home. On January 1, 2009, these impact fees increased by 38%, or $1685 per home.
On January 1, 2010, the Chapel Hill School District Impact Fees will increase again, to $7616 per home, another 25% increase. These impact fees are in addition to the building permit fees, water fees, and sewer fees required to build a new home in Chapel Hill.
Looking to build in Chapel Hill soon? Apply for permits as soon as possible - as long as all permits are approved and paid before the end of the year, you can still build at 2009 costs.
Otherwise, your new home will cost $1524 more, after January 1st, 2010.
Orange County School District Changes
School district impact fees in Orange County have been $3,000 per single family home since 2001.
On January 1 2010, these fees will be increasing, with a yearly increase for each of three years.
Orange County Schools District impact fees will increase from $3000 to $3749, with even more significant increases in 2011 and 2012. This is an increase of 25% for new single family homes, and again, these fees are separate from all other building permits and fees.
Chapel Hill and Orange County continues to be one of the most sought after areas of the Triangle - and it's going to be a little more expensive to build a new home there now.
Want to see the most recent Raleigh area market reports?
More Raleigh Market Reports
You may also be interested in:
Link to Orange County Fee Page
Subscribe to this blog!
Finding Your New Home in the Raleigh Area
Stanton Homes makes it easy! We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations. New homes from the upper $100s to the $500s. Custom modifications available too!
Call 919-278-8070 or visit www.StantonHomes.com to find out more today.
Floorplans | Communities | Stanton Homes | Energy Wise | Contact Us
Military Discounts | Accessible Homes | Green Building | Newsletter
Browse New Home Communities, Lots, and Land available throughout the Triangle!
Copyright Stanton Homes 2009. Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements. Stanton Homes is an NC New Homes Builder, with new homes in the Triangle and Fort Bragg area.
;)
;)
