November 7, 2023 2:30 PM
(Red Deer, Alberta)Building permit values decreased in October, with 72 approved permits valued at $2.8 million, compared with 75 permits issued in October 2022 worth $5.3 million.
Year-to-date values remain lower in 2023, with current values at $76.6 million compared with $143.5 million last year.
Notable permits include:
- Building permit for interior and exterior renovations to existing facility located at 6779 65 Avenue, valued at $286,000.
- Building permit for a new detached dwelling with double attached garage and rear uncovered deck at 58 Lindman Avenue, valued at $226,000.
- Building permit for tenant improvements at existing retail facility located at 430-5001 19 Street, valued at $190,000.
- Building permit for new detached dwelling with attached garage and developed basement at 50 Larose Crescent, valued at $155,000.
- Building permit for new detached dwelling with front attached garage and rear uncovered deck located at 18 Thayer Close, valued at $147,000.
| October 2023 | October 2022 | Jan - Oct 2023 | Jan - Oct 2022 | |||||
| RED DEER | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value |
| TOTAL | 72 | $2,869,463 | 75 | $5,319,861 | 876 | $76,634,487 | 792 | $143,590,451 |
| COMMERCIAL | 13 | $501,330 | 14 | $1,468,188 | 199 | $39,083,919 | 183 | $60,714,200 |
| INDUSTRIAL | 1 | $286,715 | 2 | $1,301,000 | 34 | $5,229,787 | 22 | $4,968,428 |
| PUBLIC SERVICE | 3 | $204,720 | 4 | $612,606 | 48 | $7,640,708 | 45 | $50,669,840 |
| RESIDENTIAL | 55 | $1,876,698 | 55 | $1,938,067 | 595 | $24,680,073 | 542 | $27,237,982 |
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