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New residential building within Tigard has remained steady over the past 12 years. New dwelling units are shown by table 2-4 within the city receiving a certificate-of-occupancy (CofO) permit from the Building Division. Single family homes, which attached and include free standing, dipped to a low of 187 in 2002 and struck a top of 335 models in 1995. The number constructed went above 300 in 2005 for the first time since 1996. Multi-family dwellings have not been as in keeping with four decades (1994, 1996, 2000, 2005) offering 89% of the multi-family units on the 12 year period. The overall density of residential construction is 6.8 dwelling units per acre since 1994, with single family houses at 5.9 and multi-family at 18.9 dwelling units per acre.
Fresh commercial construction is not as predominant or reliable as residential construction in Tigard. 1994 to 1996 remains the absolute most constant time. Looking beyond new units constructed, total valuation of most permits granted offers another sense of design activity locally. The totals include new construction, adjustments, improvements, foundation work, fire protection devices, and other miscellaneous work.
Although it struck a low in 1998, residential design value peaked in 2001 and 1996. The last 3 years have already been consistent at around $80 million annually. Industrial valuation struck a lower in 2002 and peaked in 2000. The second highest valuation was seen by last year in the 12 year interval at around $60 million. The only year to see professional value higher than residential was 1998.
Total housing units in the Town of Tigard totaled 19,415 by the end of April 2006. Single and multi-family units are included by this total. The age of the housing units locally is distributed pretty evenly. The decades of the 1970's, 1980's, and 1990's all account fully for nearly one quarter of housing units. The older housing stock (pre-1970) accounts for 19% and units constructed in the current decade bill for 10%. So check out similar resource site for more details.