How many and what kind of homes are we creating in our region? Vital Communities and Upper Valley Lake Sunapee Regional Commission partnered with 29 towns to measure the numbers, types, and values of homes created since 2010, with a look ahead at the next few years.
The study will help planners and municipalities size up the kinds of partnerships needed to meet our region’s housing demands, and include more communities and residents in the effort – which encompasses everything from big-dollar multi-unit new development to individual homeowners adding accessory dwelling units.
Some of the chief findings are:
- The number of new places to live created in 2019 was about the average rate for the last 10 years: 221 units in 2019 compared to an average rate of 248.
- New places to live over the past 10 years are about evenly split between single-family and multi-family homes.
- The majority of units added over the past 10 years were assessed at under $300,000.
- Based on an analysis of building permits issued in some towns, about 6 percent of permits were for replacing or adding an additional dwelling unit to an existing structure.
- Partnerships of employers, developers, finance, municipalities are making large projects possible.