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Cost of New Homes in Orange County NC Will Increase January 1st 2012

Posted by Penny Hull on Mon, Jul 11, 2011 @ 08:07 AM

Orange County NC New Homes Will Cost More in 2012

Impact Fees to Increase January 1st, 2012 

The cost of a new home in Orange County will be increasing in January 2012.

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 effect each January.

Orange County School District Changes

School district impact fees in Orange County were $3,000 per single family home from January 2001 to January 2009.  They have increased each January since 2009.

On January 1 2012, these fees will be increasing again, as part of a yearly scheduled new home cost increase. Orange County Schools District impact fees will increase to $5,623 per single family home.

New Homes Orange County NC | Custom Homes Orange County NC

Again, these fees are separate from all other building permits and fees.

What does this fee increase mean? The exact same new home in Hillsborough will cost $937 more if impact fees are paid in 2012 (at the start of construction), than in 2011 - an increase of 20%.

There's still time to build in 2011 in Orange County NC - talk to your Orange County NC custom home builder.

Chapel Hill and Orange County continues to be one of the most sought after areas of the Triangle, and these fees reflect the area's popularity.

Building in the Chapel Hill or Carrboro City School Districts?

Chapel Hill and Carrboro City school districts have the highest impact fees in the Triangle area.

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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.

Impact fees in the Chapel Hill city school districts are scheduled to nearly double between 2009 and 2012.

Looking to build a new home 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 2011 costs. Otherwise, your new home will cost nearly $2000 more, after January 1st, 2012.

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Link to Orange County Fee Page

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Carrboro NC Available Lots and Land 

Chapel Hill NC Available Lots and Land 

Hillsborough NC Available Lots and Land

 

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