Category: Company News & SWFL Living (38)

 

In 1957, when Cape Coral was founded it was a developing rural community. The infrastructure was not in place to provide public utilities and municipal services to all areas of Cape Coral, which spans an area of 120 square miles. At that time, property owners within service areas were given options to pay off assessments for services to their parcel.  They could pay the amount in full, defer until they built, or make payments on a 20-year plan.

When the city continued to grow rapidly, property owners building in areas not serviced with utilities used septic tanks and well pumping systems.  In 2010, the City invested in the infrastructure to service these areas by building a second water plant in the North Cape.  The ability to offer city water and sewer was necessary for the development of the City for homeowners and businesses.

In order to finance the expansion of utilities and services, now and in the past, a special assessment fee was put into effect.  Special Assessments are one-time charges to property owners when their property is serviced for drinking water, sewer or irrigation water.  This includes vacant property.  Once any of these services are available, hookup to water and sewer lines is mandated by the City for all developed properties.  Irrigation line hookup is optional and existing wells may still be used, but for irrigation only.

The assessment that the property owner is responsible for is determined by the location and linear frontage the property will require.  The pipes must run along the street line, and the more frontage your property spans determines the length of pipes, and labor to install the pipes needed in order to service your property.  These costs along with impact fees and permit fees is what property owners are being “assessed” on.

Properties vacant during the assessment installation that decided to defer until they “bettered” the property, ended up creating a lot of debt for the city.  With so many vacant lots in this status the city decided to implement a “Betterment” fee. This fee is the total cost of the assessments and impact fees and is due in full upon applying for a building permit.  If your property has betterment fees attached to it and you have questions you can call The City of Cape Coral, Billing Division at 239-242-3851.

Once a property is evaluated for real estate listings, those properties with assessments satisfied, often listed as “assessment in and paid” become attractive to buyers.  Properties listed with special assessments in pending status, often becomes leverage for buyers to discuss price negotiations on the property.

Below you will find a map outlining the utilities extension zones defined until 2022, and a link for assessment payoff amounts, payment plans, as well as financial services offered by the City.

https://www.capecoral.net/department/financial_services/assessments.php

 

Spend anytime in the City of Cape Coral or Fort Myers area, and you will see the cities growth present all around you.  From the steady stream of businesses coming here, consistent restaurant openings, recreational parks being added, and rapidly growing housing market, the area is on its way to over one million residents projected by Lee County in 2040.  Which is no easy task when you’re only 50 years in the making.

Being recognized as one of the fastest growing metro areas in the country, is very exciting for our community.  It’s a sign of a healthy job market and economy.  With the growth comes a better quality of life and amenities for our residents.  Many more people are discovering just what living here is all about.  The unbeatable weather, accessibility to the water, and the growing number of families to the area, makes Southwest Florida where everyone wants to be.

As a new construction builder in the area we feel it’s important to provide quality homes that represent the buyers building here.  When looking to make the beautiful southwest Florida area a place to call home, we have a knowledgeable new construction specialist team that knows the region well, and will be able to help you determine the area that best fits your needs.

Contact us today and start your journey to owning a piece of this fast-growing community!

Cape Coral – Fort Myers make Census list of fastest growing metro areas

In most parts of the country September comes with cooling temperatures and fall colors. In Florida, September means the beginning of a different season… Hurricane Season. Many lifetime Florida residents have lived through several severe storms.  The majority claim that if the proper precautionary measures are taken there is no reason to abandon your home or neighborhood.

So, what are the proper steps? Here’s a list of tips to help you breeze through even the most intense storms.

  • Bring loose, lightweight objects inside that could become projectiles in high winds (e.g., patio furniture, garbage cans); anchor objects that would be unsafe to bring inside (e.g., propane tanks); and trim or remove trees close enough to fall on the building.
  • Cover all your home’s windows. Permanent storm shutters offer the best protection for windows. A second option is to board up windows with 5/8” exterior grade or marine plywood, cut to fit and ready to install.
  • Keep your cell phone plugged in to ensure a full charge should you lose power.
  • Turn your refrigerator or freezer to the coldest setting and open only when necessary. If you lose power, food will last longer. Keep a thermometer in the refrigerator to be able to check the food temperature when the power is restored.
  • Fill Plastic bags or containers with water and freeze ahead of time. These can help keep the contents of your freezer cold and be used for other purposes should you lose power.
  • Stay away from the windows. Flying glass from broken windows could injure you.
  • Use a generator or other gasoline-powered machinery outdoors ONLY and away from windows.
  • Do not walk, swim, or drive through flood waters. Turn Around. Don’t Drown! Just six inches of fast-moving water can knock you down, and one foot of moving water can sweep your vehicle away.

Heed this advice for the best chance to protect your property and family this hurricane season.

Lucky photo collageRed, White, and Boom is Cape Coral’s way of coming together as a community to celebrate the 4th of July. July 4th is the day we celebrate the signing of the Declaration of Independence and America’s freedom from Great Britain. On July 4, 1776 America was born, making this year America’s 240th birthday! Woohoo! Okay, that’s your history lesson for the day 🙂

Sposen Signature Homes will be participating in Cape Coral’s Red, White, and Boom this year. The event starts at 5 PM and lasts until 10 PM. Fireworks are scheduled for launch at 9:30 PM. Our stand will be open the entire length of the event and we will showcase a photo booth, where you can take as many pictures as you’d like with your friends and family for FREE! We will also give you a printed copy of your photos for FREE! If you would like to make your own additional copies you will be able to download and print them yourself from https://yourluckybooth.smugmug.com/. This website will also allow you to order wall art, 4×6 prints, and various keepsakes of your prints such as buttons, mugs, key tags, stickers, and more…

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Professional meets Personal

teamAt Sposen Signature Homes, we want you to feel like part of our family! We have created an amazing team of professionals that we think you’re going to love. Many of our clients have to opportunity to meet our General Contractor, Thomas Kimble, and ask him any new construction homebuilding questions they might still have. While many of our clients know “Tom”, we wanted to focus on a side of him that they may not have an opportunity to see right away! Continue reading ..

On Jan. 22 to 24, Jan. 29 to 31, and Feb. 5 to 7, Sposen Signature Homes will be highlighted as part of the Cape Coral Construction Industry Association (CCCIA) Builder’s Showcase. This three-weekend event is scheduled to run from 10 a.m. to 5 p.m. on Fridays and Saturdays and from noon to 5 p.m. on Sundays. Continue reading ..

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Veterans Day

veterans dayWith the month of November just underway, everyone at Sposen Signature Homes has been focused on Veterans Day. The Nov. 11 holiday celebrates “Armistice Day”, or the end of World War I. In fact, it wasn’t until 1954 that Armistice Day was renamed “Veterans Day” and the holiday became a day to recognize veterans of all wars, not just World War I (and that’s your history lesson for the day).

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At today’s Board of County Commission meeting, one hundred-plus building industry executives, business owners and workers took time out of their busy work schedules to stand up for the industry’s efforts to keep impact fees at a reduced rate.  Led by Lee Building Industry Association’s (BIA) president Victor duPont, the assembly stood to be recognized.  It was an impressive sight!  In collaboration with the Lee BIA, Team Lee and the Cape Coral Construction Industry Association, we were able to make our statements in favor of keeping impact fees low; for the industry to keep working toward sustainability and in favor of the affordability of housing.

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