Denver residents pulled 1,234 free building permits for $6,283,957 in construction during the Home Renovation Bonanza which began June 1 and ended June 15.
Residents saved $85,773.80 in permit fees. The average daily residential permit volume for qualifying Bonanza permits grew to 112 – nearly a three-fold increase over the average of 40 similar permits issued per day in May.
“We wanted a bonanza and it seems we got one,” Mayor John Hickenlooper said. “We hoped to stimulate the local economy by offering an incentive for residents to make improvements to their property. This is a good sign that people are moving forward and doing what they can to get our economy back on track.”
The free permits will be valid for 180 days. Permits were issued on the spot to citizens or their contractors. The Home Renovation Bonanza covered the following improvements to existing single-family homes and duplexes:
- Basic interior remodel (existing kitchen, bath or bedroom)
- Basement remodel
- Roof covering repair or replacement
- Wall insulation
- Replacement of water heaters
- Change out central heating and air
- Photo voltaic systems (Solar Panels)
- Stucco or siding home exteriors
The Home Renovation Bonanza excluded complex projects that require detailed plan review such as new homes, additions, garages and new structures such as a gazebo. Projects requiring plan review for engineering and structural modifications were also excluded.
Julius Zsako 720.865.2969