{"id":11987,"date":"2021-06-11T17:20:09","date_gmt":"2021-06-11T21:20:09","guid":{"rendered":"https:\/\/lakelandgazette.info\/news\/?p=11987"},"modified":"2021-06-11T17:20:20","modified_gmt":"2021-06-11T21:20:20","slug":"with-a-recent-unanimous-vote-by-the-polk-county-commissioners-fees-are-going-to-gradually-increase-over-the-next-4-years-237","status":"publish","type":"post","link":"https:\/\/lakelandgazette.info\/news\/2021\/06\/11\/with-a-recent-unanimous-vote-by-the-polk-county-commissioners-fees-are-going-to-gradually-increase-over-the-next-4-years-237\/","title":{"rendered":"With a recent unanimous vote by the Polk County Commissioners, fees are going to gradually increase over the next 4 years 237%"},"content":{"rendered":"\n

237%. That\u2019s how much developers and home-buyers will see fees increase<\/a> by the end of a proposed 4-year plan after a unanimous vote by the Polk County Commission<\/a>.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

Prior to this plan, costs had been fixed since 2000. Following the plan\u2019s implementation on Oct. 1, prices will be assessed every 5 years by outside consultants. <\/p>\n\n\n\n

The fees cover plan reviews, site inspections, and traffic studies, and will gradually increase over the next 4 years in order to mitigate financial strain on developers and buyers. <\/p>\n\n\n\n

Break it down by the numbers:<\/p>\n\n\n\n

$3,767.25 + $25 per lot \u2014 a residential site plan review<\/a> used to be $850 + $25 per lot.<\/p>\n\n\n\n

$7,506.75, + $30 per lot \u2014 a residential subdivision site inspection<\/a> was previously $1,250 + $30 per lot.<\/p>\n\n\n\n

$2,189 \u2014 a final inspection<\/a> for a 50-lot subdivision is increasing nearly 83% from $380.<\/p>\n\n\n\n

In 2021, the median home price in Lakeland rose by 15% or an average of $30,000<\/a>. The recent seller\u2019s market caused a lower than average inventory of homes for sale. <\/p>\n\n\n\n

The result? People are looking to build, rather than buy.<\/p>\n\n\n\n

Facebook groups<\/a> have become a hotbed for homebuyers in the last 6 months, with many seeking advice as to how they can navigate a market saturated with offers. While building is popular, this may change in the near future as higher fees are rolled out by developers as a result of the recent vote.<\/p>\n\n\n\n

So, what does this mean for future home-buyers? For a 50-home subdivision, developers will see their costs jump from $6,030 to $20,349 by 2023. These extra dollars will be factored into the price of homes, so you may see listing prices climbing in the coming years.<\/p>\n","protected":false},"excerpt":{"rendered":"

237%. That\u2019s how much developers and home-buyers will see fees increase by the end of a proposed 4-year plan after a unanimous vote by the Polk County Commission. Prior to this plan, costs had been fixed since 2000.… <\/p>\n","protected":false},"author":1,"featured_media":11988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","inline_featured_image":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"wpai_generated_summary":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"dois","default_image_id":71799,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[12,14],"tags":[516],"class_list":["post-11987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local","category-news","tag-fees-are-going-to-gradually-increase-over-the-next-4-years"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/11987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/comments?post=11987"}],"version-history":[{"count":0,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/11987\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media\/11988"}],"wp:attachment":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media?parent=11987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/categories?post=11987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/tags?post=11987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}