We've got quite a few excellent buys in the real estate marketplace right now. Compared to the boom years of 2003-2006, I'm simply amazed how far the dollar will go. Many of our clients are buying homes in the $200,000-$250,000 price range that were formerly as high as $350,000-$400,000! As always a large percentage of the homes tend to be foreclosures, short sales, and bank-owned homes.
There are a few builders currently offering Eagan New Construction. As always, there are some builders we really trust, and others that, well, we don't.
Here are a list of the # of permits pulled for new homes in Eagan over the last 15 years.
Single-family new house construction building permits:
- 1996: 278 buildings, average cost: $152,800
- 1997: 193 buildings, average cost: $147,200
- 1998: 202 buildings, average cost: $168,900
- 1999: 274 buildings, average cost: $183,700
- 2000: 259 buildings, average cost: $166,000
- 2001: 216 buildings, average cost: $153,800
- 2002: 243 buildings, average cost: $163,900
- 2003: 184 buildings, average cost: $163,800
- 2004: 147 buildings, average cost: $155,900
- 2005: 110 buildings, average cost: $158,300
- 2006: 84 buildings, average cost: $206,100
- 2007: 70 buildings, average cost: $290,800
- 2008: 30 buildings, average cost: $299,100
- 2009: 13 buildings, average cost: $301,500
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