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Building material shortage/cost increase?

Posted on 9/4/17 at 12:25 pm
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 9/4/17 at 12:25 pm
Am currently building an add-on to my house. Knowing the damage Harvey did and what looks like Irma could do I'm wondering If I should go ahead and buy my drywall and trim. Problem is I'm about 1-2months away from drywalling and of course further for trim work. If I don't have to I'd rather not have material sitting around particularly sheetrock as space is tight rock is easily damaged and a pita to move around if in the way.

I don't mean to be inconsiderate of people rebuilding their homes after the disasters but I don't want to be stuck half-way through with my project. Obviously after Katrina there was a shortage of drywall which lead to the use of the chinese crap.


Any prediction on the future of materials for the next several months?
Posted by kengel2
Team Gun
Member since Mar 2004
30687 posts
Posted on 9/4/17 at 12:54 pm to
Where do you live?
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 9/4/17 at 1:03 pm to
Central Ms


I don't remember any shortages here after the BR Flood but I may of just not noticed. But obviously Harvey is bigger than BR damage and Irma is looking nasty as well.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134843 posts
Posted on 9/4/17 at 1:17 pm to
Can you just order now and delay delivery/pickup to lock in the current price?
Posted by nguyt518
Member since Apr 2015
207 posts
Posted on 9/4/17 at 2:51 pm to
Got market reports for lumber last week.

Having only did this a few years, lumber spiked like crazy. Never seen anything like this, even after the BR floods.
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 9/4/17 at 3:25 pm to
dang. I'm not familiar with the process, how long does it take to see that spike at the lumberyard? Or has it already taken effect?
Posted by mack the knife
EBR
Member since Oct 2012
4183 posts
Posted on 9/4/17 at 4:50 pm to
not surprised. lumber is bought/sold as a commodity and the houston area that was effected is an order of magnitude bigger than BR was last year.
Posted by kengel2
Team Gun
Member since Mar 2004
30687 posts
Posted on 9/4/17 at 6:48 pm to
I dont think you'll have a problem with materials.

After the flood here there was a shortage of qualified trades people.

You should be fine barring Irma not coming in amd wrecking shite.

Just my opinion though.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 9/4/17 at 7:45 pm to
Yeah I looked at print last week and lumber along with plywood is up.
Even though I have a contract its alittle higher than I expected.
That East Texas areas have a few GP and LP mills that been down from what I been told.

Being in Central, MS you may have to place your order now and aske the dealer to hold it. Some places may do it while others may not.
HomeDepot and Lowes are slightly slower at reacting to price increases versus a lumber yard or one stepper. This maybe another option.
Yes, eventually Sheetrock and trim will shoot up soon.
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 9/4/17 at 7:49 pm to
Yeah its not like I'm building a whole house or anything. With my relatively small project, costs could double and it still would be manageable but maybe give me a little heartburn. I did pick up the lion's share of my trim today as it's not too hard to store. Still considering picking up some drywall in the next few days though depending on what Irma is doing.

I'd hate to be someone in the south just getting ready to build their forever house right now.
Posted by Art Vandelay
LOUISIANA
Member since Sep 2005
10691 posts
Posted on 9/4/17 at 9:29 pm to
(no message)
This post was edited on 11/3/17 at 8:54 am
Posted by Martini
Near Athens
Member since Mar 2005
48829 posts
Posted on 9/4/17 at 9:33 pm to
You are fine and don't worry about it. They ramp up quickly on all of those items. Prices won't get too far out of line either as far as material. Labor may be a different story but they won't get building for a bit of time anyway.
Posted by nguyt518
Member since Apr 2015
207 posts
Posted on 9/5/17 at 12:28 pm to
From a market standpoint, it's been increasing/decreasing by +/- 5

Last week we had increases of +15, two days later, I think it increased +45.
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