Table 11 Residential Construction: Stevens Point - Plover Area
Estimated Value of New Homes (000)
Number of Housing Units
Alteration Permits Issued
Estimated Value of Alterations (000)
Permits Issued
2021 Q3
2020 Q3
2021 Q3
% ∆ Yr. Ago
2021 Q3
2020 Q3
2021 Q3
2020 Q3
2021 Q3
% ∆ Yr. Ago
20
18 $6,664.25 7.94
26
19
474
569 $3,872.63 -23.70
Description: • The above provides construction figures for both new homes and residential alterations. Analysis: • The decrease in the number of alteration permits and the estimated value of alterations compared to 2020 Q3 should not be surprising. • Last year witnessed a sharp increase in residential alterations as households cancelled vacation plans and focused on home improvement projects in response to the pandemic.
Table 12 Nonresidential Construction: Stevens Point - Plover Area
Estimated Value of New Structures (000)
Alteration of Business Permits Issued
Estimated Value of Alterations (000)
Permits Issued
2021 Q3
2020 Q3
2021 Q1
% ∆ Yr. Ago
2021 Q3
2020 Q3
2021 Q3
% ∆ Yr. Ago -84.16
13
3
$8,839.14 1657.28
123
157
$6,265.47
Description: • The above provides construction figures for new business and commercial structures as well as alterations. Analysis: • In 2020 Q3, there was a significant decrease in nonresidential construction of new structures and a large increase in the value of nonresidential alterations, largely reflecting the impact of the pandemic. • This year we see a shift back towards new construction and away from business/commercial alterations.
Central Wisconsin Report - Fall 2021
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