Rocky Mountain Voice

Tag: Home Builders

New Study Finds Government Regulations Add Nearly $132K to the Cost of New Homes
Fox 13 News, Approved, National

New Study Finds Government Regulations Add Nearly $132K to the Cost of New Homes

By Bradford Betz | FOX 13 News Government regulations now add roughly $132,000 to the cost of a typical newly built home, according to a new study from the National Association of Home Builders (NAHB), as industry leaders warn that mounting costs are worsening the nation's housing affordability challenges. The NAHB study found that regulations imposed by federal, state and local governments account for 26.4% of the final price of a new single-family home. Applied to the average sales price of a new home in January, the regulatory burden totals approximately $131,734 per house. The estimate is based on Census Bureau data showing the average sales price of a newly built home sold in January was $499,500. The report comes as housing affordability remains ...
Denver Opens Door To Energy Code Changes That Could Reach Single Family Homes
The Denver Gazette, Approved, Local

Denver Opens Door To Energy Code Changes That Could Reach Single Family Homes

By Scott Weiser | The Denver Gazette Denver launched a public process on Feb. 26 to update its energy code for new and renovated small buildings, including single-family homes and duplexes, that would extend efficiency and electrification-readiness standards that began with energy compliance goals for large commercial and multifamily buildings in 2023. Denver’s 2021 Energize Denver ordinance required energy benchmarking and reductions for structures with 25,000 square feet or more. As early as 2022, builders predicted the rules would raise housing costs and eventually reach single-family homes and duplexes. In 2023, Laura Schwartz, spokesperson for Denver Community Planning and Development, told The Denver Gazette that “residential single-family homeowners ...

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