We’ve been tracking lumber, labor and fuel prices for the past several years as a trend indicator for residential construction costs. The dramatic drop in lumber over the past couple months, combined with a lagging and less significant drop at the pump suggests the best deals will be limited to the next several months.
There is no substitute for having extra time.
Our customers are enjoying being able to focus on the improvements to their homes. Virtual meeting platforms give us the flexibility to continue the design process without risk of cross-contamination. Although most of our world is planning to shut down, we will continue to operate our pre-production process in effort to be ready to start construction when given permission to do so.
While quarantined and working from home, we find lots of time to dream about what our homes could be….
Bigger is not always better.
When a home starts to feel like its not functioning the way it is supposed to, the natural tendency is to add more space. But more square footage does not necessarily mean a more spacious or efficient house.
If you’re reading this, your home is likely on a sizeable lot and comfortable for a family of four or more. You may be nearing retirement with your significant other, having raised your children in a 3,000+ square foot home with three garage bays full of memories, and a decaying sport court amidst a plethora of intimidating yard work. In the current housing market, it doesn’t make sense to downsize when entering the growing group of “empty nesters” because the costs of doing so locally just doesn’t pencil out to any financial advantage.
