Laserfiche WebLink
Table 6 . - Representative CondominiUM Listings There are <br /> a lot of Town houses on the market. The older properties have <br /> depreciated in value and are selling in the $90, 000 . 00 range. <br /> The mid-range properties have some amenities, are slightly <br /> larger, and are selling in the $120-$130, 000 . 00 range. <br /> Table 7. - represents Building Permits issued, as opposed t <br /> houses built . It is indicative of the volume of new <br /> construction, there is a lag and some drop off from a decade <br /> earlier. <br /> Selectman Marsters noted that from 1993 to 1996, the average <br /> builder costs increased fifty o percent from $88, 000 . 00 to <br /> $128, 000 . 00 . The new construction market appears to be growing <br /> at a high-greater rate than the resale market . There appears to <br /> be room for growth. If the one hundred twenty-five 1 permits <br /> were broken down, it would probably indicate quite a few over <br /> Two Hundred ($200, 000 . 00) Dollars . There is new "luxury" housing <br /> in Mashpee, for which there is a viable market. <br /> Mr. Brais agreed there is definitely a market at the higher <br /> end. <br /> Table 8 . - Historic and Projected Housing Units within the <br /> Town. of Mashpee. The information used by Mr. Brais had been <br /> submitted to him by the Town Planner, Mr. Fudala, regarding build <br /> out and build out potential through the year 2004. Mr. Brais <br /> made reference to Mashpee Planning zones Map - -1, whereby the <br /> Town has been broken down into very scall Districts. The three <br /> major areas being North - Mid - and south Mashpee census tracts. <br /> The Planning Department provided a very detailed analysis of all <br /> zones broken down as follows: Projected units, permanently <br /> occupied units, and an estimate of the summer occupancies. <br /> One of the principal findings is that North and Mid-Mashpee <br /> experience a fairly even ratio of permanent/summer occupancies, <br /> whereas most of the su mer hones are located within South <br /> Mashpee. Mr. Brais indicated the need for Mashpee Commons to <br /> establish a depth of market for non-water related sumer hone <br /> sales to be incorporated into the fiscal impact residential unit <br /> mix of the proposal . (There was some discussion regarding census <br /> information-year, district, number of units occupied permanently <br /> and during the summer. ) There being an estimated eight hundred <br /> seventy-three (8 73) summer units in North Mashpee and seven <br /> hundred thirty-eight (738) in Mid-Mashpee. <br /> Table 9 . - Percent to Total-Total Permanent occupied: North <br /> Mashpee ; Mid-Mashpee 28%; South Mashpee 17t. <br /> Tables to . - A "down-side" alternative scenario reflecting a <br /> unit type mix. Apartment units; apartments over retail; for a <br /> total of one hundred-ten (110) . Condominium flats, thirty (30) . <br /> Town houses, thirty (30) . (There was discussion regarding market <br /> - - <br />