{"id":1908,"date":"2012-08-13T17:35:38","date_gmt":"2012-08-13T17:35:38","guid":{"rendered":"http:\/\/www.swproperties.com\/new-mexico-news\/?p=1908"},"modified":"2012-08-13T17:35:38","modified_gmt":"2012-08-13T17:35:38","slug":"ruidoso-construction-values-see-jump","status":"publish","type":"post","link":"https:\/\/www.swproperties.com\/new-mexico-news\/real-estate-news\/ruidoso-construction-values-see-jump\/","title":{"rendered":"Ruidoso construction values see jump"},"content":{"rendered":"<div><strong><\/strong><em>Dianne Stallings <a href=\"mailto:dstallings@ruidosonews.com\">dstallings@ruidosonews.com<\/a> of RuidosoNews.com reports good news on the real estate front in Ruidoso:<\/em><\/div>\n<p>Construction values in Ruidoso jumped nearly $1 million from June to July with two large commercial projects leading the way.<\/p>\n<p>&#8220;Single family permits were down a little bit, but I&#8217;m not worried,&#8221; said Ruidoso Building Official Shawn Fort. &#8220;Stuff is coming in. We permitted a large commercial project (this month) that will show up on the next report.&#8221;<\/p>\n<p>The second of two Dollar General stores being developed by Faith Construction contributed the most value to July at $985,166. The 9,000-square-foot structure, which Fort described as &#8220;very similar&#8221; to the Dollar General going up on Sudderth Drive, is being built at 1110 Mechem Drive by the same company, Les File Dry Wall of Albuquerque.<\/p>\n<p>Mark Marquez of Recom Construction is building the second commercial project, a dental office of about 2,500 square feet at 456 Mechem Drive. Marquez is a popular local builder, who several years ago created Boulder Plaza at the intersection of Mechem and Sudderth. The building value is listed at $335,496. The structure is two floors with the lower level designed as a garage and for storage, Fort said. Parking is planned for the back and front of the building off of Rainbow Drive.<\/p>\n<p>In July, 98 permits were issued for a building value of $2,072,110, generating permit fees for the village of $18,351, according to Fort&#8217;s just-released monthly report. That compares to 110 permits in June for a building value of $1,104,477, generating $15,463 in fees.<\/p>\n<p>Although only one new single-family housing start was registered in July, the value was a hefty $479,035 and the two commercial projects added up to $1.32 million. Other contributors to the healthy July showing this year were 13 residential deck permits valued at $88,625, and $78,759 for seven residential additions and alterations.<\/p>\n<p>The month was on a par with July of 2011, when 139 permits were issued for a value of $2,086,193 and $25,392 in permit fees. Construction was fueled that month by five single-family housing starts totaling $570,756 in value, and a sizable residential renovation value at $121,707.<\/p>\n<div>\n<hr \/>\n<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dianne Stallings dstallings@ruidosonews.com of RuidosoNews.com reports good news on the real estate front in Ruidoso: Construction values in Ruidoso jumped nearly $1 million from June to July with two large commercial projects leading the way. &#8220;Single family permits were down a little bit, but I&#8217;m not worried,&#8221; said Ruidoso Building Official Shawn Fort. &#8220;Stuff is &hellip; <a href=\"https:\/\/www.swproperties.com\/new-mexico-news\/real-estate-news\/ruidoso-construction-values-see-jump\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ruidoso construction values see jump&#8221;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,29],"tags":[96],"class_list":["post-1908","post","type-post","status-publish","format-standard","hentry","category-real-estate-news","category-ruidoso","tag-new-mexico-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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