During October and November 2017, the issuance of residential single-family permits slowed appreciably to only seven (7) homes, with all seven being issued in November. Undoubtedly, the hurricane temporarily stalled new home construction. But, the total value of all residential construction permits in the two-month period, including repairs to existing homes, was unusually high due to damage caused by the hurricane. The total value of all residential permits during the two-month period was $8,552,666.
This year a number of single family residential housing permits have been issued to Pebble Pointe, Estero Place and Genova. But, over half of the single-family permits have been issued to Tidewater, the 55+ community at Ben Hill Griffin and Estero Parkway.
The table below compares 2017 year-to-date figures with those of the previous 17 years.
Note: The building values above exclude the value of the underlying land.
For 2016 and 2017, see Village of Estero Community Development: https://estero-fl.gov/monthly-building-reportrs/
For prior years, see Lee County Permit Reports for the “Village of Estero”: