- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Building Prices
Posted on 2/10/23 at 12:36 pm
Posted on 2/10/23 at 12:36 pm
About finished plans for an outdoor pavilion/kitchen and wanting to start getting quotes. Quotes on other smaller projects we finished recently were really high.
Have been told by some people to wait a few months for construction prices to come down on this big project, but curious if anyone in the know here has opinions/advice on future speculative prices. I have my doubts there will be a significant drop, but would wait a couple months if so. But not several months to a year from now. Appreciate any help.
Have been told by some people to wait a few months for construction prices to come down on this big project, but curious if anyone in the know here has opinions/advice on future speculative prices. I have my doubts there will be a significant drop, but would wait a couple months if so. But not several months to a year from now. Appreciate any help.
6
Posted on 2/10/23 at 1:52 pm to BamaTiger00
Did you happen to ask the people that told you to wait a couple of months...why they thought the prices would come down?
Posted on 2/10/23 at 2:05 pm to BamaTiger00
quote:
Have been told by some people to wait a few months for construction prices to come down on this big project, but curious if anyone in the know here has opinions/advice on future speculative prices.
Prices are not coming down any time soon. I am in the commercial construction sector. Our backlog is full through 2023. Anything else that pops up is getting an additional 25% margin.
The labor force is one key factor here. All of our subcontractors are in the same boat.
Posted on 2/10/23 at 2:10 pm to BamaTiger00
Very hard to get prices down, once they go up, no one wants to make less on a job.
But if you look at the price of everything, what makes you think they will drop?
As long as the price of crude stays up, prices will stay. Not many products that you can think of, doesn’t involve crude in one way are another.
Get use to it, then get ready for the other way, the fall of the value of a dollar.
But if you look at the price of everything, what makes you think they will drop?
As long as the price of crude stays up, prices will stay. Not many products that you can think of, doesn’t involve crude in one way are another.
Get use to it, then get ready for the other way, the fall of the value of a dollar.
Posted on 2/10/23 at 2:16 pm to 4LSU2
quote:
The labor force is one key factor here. All of our subcontractors are in the same boat.
Its probably the key factor. For some reason people think that because the cost of lumber is at "normal" levels that overall costs will come down. As if there isn't a thousand other things that go into a construction project that are still sky high.
Posted on 2/10/23 at 2:25 pm to Crusty
Thanks. They think prices will come down due to material cost decreasing, economy slowing, building slowing down, high interst rates, not as many people with disposable income willing to spend it right now on projects, etc. Like I said, I’m doubtful but am not in the business and was curious what the board thought.
Posted on 2/10/23 at 2:27 pm to BamaTiger00
Currently building a new home with a 16x20 pavilion, m with cathedral ceilings. It will have power and Ethernet drops. Gas, water and drain ran for future grill area.
Quote is $16,000.
Quote is $16,000.
Posted on 2/10/23 at 2:31 pm to KTShoe
Before I got plans, I priced out a 27x30 pavilion already. Just the structure. No electrical, plumbing, concrete, etc. Nothing. Quotes ranged from 36k-58k. Covington area.
Posted on 2/10/23 at 2:37 pm to BamaTiger00
The other end of this, interest rates go up, folks add on, update, remodel their homes.
Posted on 2/10/23 at 2:37 pm to KTShoe
quote:
Quote is $16,000.
Get insurance on the project and if its a reliable contractor absolutely take that.
Posted on 2/10/23 at 2:47 pm to BamaTiger00
Prices are not going to come down , everyone will just have to deal with it.
A small tub of Plumber's Putty that sold for $2 in 2018 is now $5.15 .
Posted on 2/10/23 at 3:40 pm to Drunken Crawfish
It’s already built with gas, water and drain ran. Waiting on Ethernet and electrical.
Posted on 2/10/23 at 4:40 pm to BamaTiger00
quote:
wait a few months for construction prices to come down
My BIL has been waiting for 10 years.
Posted on 2/10/23 at 5:23 pm to Odinson
quote:
My BIL has been waiting for 10 years.
Sorry to hear.
Posted on 2/10/23 at 8:12 pm to LSUDad
I’m surprised that so many people are building houses in this current economic climate.
Price of materials and higher interest rates you’d expect to be a deterrent for people building homes.
Price of materials and higher interest rates you’d expect to be a deterrent for people building homes.
Posted on 2/10/23 at 8:19 pm to Paul Allen
quote:
I’m surprised that so many people are building houses in this current economic climate. Price of materials and higher interest rates you’d expect to be a deterrent for people building homes
Yep, but you have to understand what’s going on in this country. Look at the millions that have crossed the border illegally. How are they eating, where do they live, they walk across, what are they driving? Too many questions.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News