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Building is Booming in Edgefield County

web posted May 20, 2014

COUNTY Although the housing market across the country is still trying to make a comeback, Edgefield County is ahead of housing starts for the first quarter of 2014 with 28 residential building permits since January 1. That is up from this time last year when the first quarter starts totaled only 20. Moreover, the value of the homes being built is increasing as well. "Almost all of that is taking place from Mt. Vintage and down (south)," Building Director Wayne Collins said Monday.

So far the total value of the homes being permitted values $5,277,367. That is up from just over $4.2 million this time last year, and the big months for building permits haven't even hit its peak,  which comes over the next quarter. Total residential permits in 2013 came to a value of over $12.6 million for the year with the first quarter numbers almost reaching half that total already this year.

"I think this could be a record year for the county overall," Mr. Collins said. "There's a lot more planned that haven't had permits issued."

Permits for alterations of additions are also up over last year. In 2013 first quarter permits for additions was 24, with a value of $307,715. So far this year there have been 84 such permits issued with a total value of $158,674. Though the values are down so far, with the numbers still increasing values are expected to top last year's totals.

Permits for barns, shed or outbuildings is also up for 2014's first quarter. So far there have been 20 permits issued with a value of $432,233. That is double the value from what was issued in 2013's first quarter with 16 permits and a value of only $202,960. All such permits for 2013 totaled $649,124, and the county is already collecting 66% of last year's totals by the end of April.

Commercial permits have risen in numbers in the first quarter, though the total value is down. "Commercial is the only one (category) that is down so far," Collins said. So far 34 commercial permits have been issued compared to 11 at this time last year. However, the value of the projects has decreased from the first quarter in 2013 ($4.9 million) compared to this year with a total value of $2.7 million.

Total permit values for 2013 came in at $17.3 million, however that also included a big jump in permits in December with a value of $1.8 million. Normally there are only 1 or 2 permits issued that late in the year. First quarter totals for 2014 have passed the half way mark of all of last year with a value of $8.8 million. If trends continue throughout the year, Edgefield County could see projects top out between $22 million and as high as $29 million.







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