Knightdale sees increase in March building permits

mhankerson@newsobserver.comMay 6, 2014 

MECHELLE HANKERSON — mhankerson@newsobserver.com Buy Photo

— While the county saw an overall decrease in building permits from this time last year, Knightdale is one of a handful of towns in the county that saw an increase in building permits in the same time period.

In March, the town approved 24 new single family home permits, valued at $4.1 million, four residential additions valued at $35,000 and eight commercial building permits valued at $350,850.

That marks a 25 percent increase from last March.

In the rest of the county, though, there was an overall 4 percent decrease in new single-family building permits, according to data compiled by the Home Builders Association of Raleigh-Wake County.

According to Knightdale Planning Director Chris Hills, most of the town’s permits have been within already established subdivisions, like Princeton Manor, Beaver Dam and Cheswick.

He said this increase is not something that the town always expects to see.

“It’s a market-based situation and some months are better than other months,” he said.

Knightdale’s increase can in part be attributed to its location and amenities. The town’s location has never changed but by offering more shopping options, it makes it more attractive for residents to settle down, Hill said.

“We have a lot of the suburban shopping that people look for,” he said. “As a community, we’re beginning to have what people want.”

Rolesville, just north of Knightdale, also saw a notable increase in building permits, up 35 percent from last March.

That percentage translates into 15 total permits for March 2014.

Rolesville Planning Director Thomas Lloyd provided a list that showed nine single-family home permits, valued at just over $2 million. The other permits were for residential additions.

The March permit numbers in other towns this year were likely hurt by bad weather in the Triangle. Still, the number of new homes on the market is steadily rising.

There were 1,534 new homes listed for sale in Durham, Johnston, Orange and Wake counties in March, up 19 percent from the same period last year, Triangle Multiple Listing Services data show.

Staff reporter David Bracken contributed to this report

Hankerson: 919-829-4826; Twitter: @easternwakenews

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