Cost of homebuilding in Arundel could rise
Leopold said the current fees on single-family homes ($4,904), townhouses ($3,385) and most condominiums ($2,492) "do not capture the full freight of the cost developers should pay" to offset the impact that projects place on roads, schools and other county services.Homebuilders worry a big increase would mean fewer sales.A report prepared for the county in September shows that the impact of a single-family home on roads and schools is $21,056; for a townhouse, $17,279; and most condominiums, $12,135. The administration's bill is also expected to factor in impacts on police and fire services.
Hanley Wood Market Intelligence expects that new home sales in Anne Arundel this year will be up 12 percent from last year -- a much better performance than the national average -- but down nearly 40 percent from the annual average during the boom, McGowan reports.
In a further indication of the languishing housing market, about 4,000 existing homes are listed for sale in the county -- quadruple the number this time last year, Anne Arundel budget director John Hammond said in a budget briefing last week to state lawmakers.







