Bozeman Building Still Booming

 According to the Department of Community Development’s Annual Report, Bozeman has seen a huge spike in building permits over the past two years.

639 single-family resident permits were filed in Bozeman in the last two years. That number is more than 2008 to 2011 combined. 40 duplex permits were filed in 2014. 44 were filed from 2009 to 2013. 27 triplex permits were filed in 2014. 18 were filed from 2008 to 2013.

The report has shown most of the growth on the western end of town but growth is also present to the south as well. Bozeman Deaconess Hospital, among their other construction projects, may soon be developing the open space acreage around them. Preliminary plans include 300 homes with park and wetland additions.

When seeing numbers like this, its hard to say Bozeman is not doing enough to keep up with their lack of home inventory. As both home prices and rental prices have gone up and vacancies for both have gone down, its clear the builders are working as hard as ever to get people into homes in Bozeman. Whether they will be able to keep up with Bozeman’s growing reputation and tourism numbers is to be seen.

 

Source: http://www.kbzk.com/story/28186330/bozeman-building-boom-spreads-in-all-directions

http://www.bozeman.net/Smarty/files/dd/dd78ab4b-2733-4d86-af27-5a5ce25a2f10.pdf

 

 

 

Hart Real Estate Solutions

www.hart.realtor

406.585.0000

Hart Real Estate Solutions Bozeman Montana


  

 

Comment balloon 0 commentsHart Real Estate Solutions • February 25 2015 03:29PM

Comments

Participate