More people are choosing to remodel their homes and businesses in Sioux Falls.
The city has issued $24 million worth of permits to remodel homes in 2019. That’s $7.3 million more than a year ago. The amount of money being spent on new homes is down more than $8 million.
There’s a similar shift when it comes to businesses. The city has issued $71.1 million worth of permits for business remodels. That’s a $14. 5 million jump compared to last year at this time.
Overall, Sioux Falls has issued more permits so far this year. The total value is $31.5 million less than last year at this time.
So what’s the reason behind the trend? Tune in at 6 on KELOLAND News to find out.