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Is it economically safe to build home projects, again?
Posted on 1/9/23 at 8:39 am
Posted on 1/9/23 at 8:39 am
Looks like lumber pricing is down, at least as a market, where it peaked at $1477, and now is below $375.
A quick search of Home Depot pricing has 2x4 precut wall framing studs at $3.24 vs. the $2.62 that I was paying in 2019.
7/16” OSB 4x8 sheets are now $7.75 for their budget sheets. I was paying $6.65 in 2019.
I have been putting off some projects for awhile. One project being a new patio and a new deck. Looks like prices have come down on the wholesale level to 2019 levels, but still I see inflated pricing at retail. Should I wait a bit to see if the retail price pressures push it back down further or is this about as low as I should expect for a while?
A quick search of Home Depot pricing has 2x4 precut wall framing studs at $3.24 vs. the $2.62 that I was paying in 2019.
7/16” OSB 4x8 sheets are now $7.75 for their budget sheets. I was paying $6.65 in 2019.
I have been putting off some projects for awhile. One project being a new patio and a new deck. Looks like prices have come down on the wholesale level to 2019 levels, but still I see inflated pricing at retail. Should I wait a bit to see if the retail price pressures push it back down further or is this about as low as I should expect for a while?
10
Posted on 1/9/23 at 8:42 am to HubbaBubba
Why build projects when all the dsld neighborhoods end up as the ghetto in 2 years?
Posted on 1/9/23 at 8:44 am to HubbaBubba
Your globalist approved pod is safe to build
Posted on 1/9/23 at 8:45 am to HubbaBubba
quote:
Is it economically safe to build home projects, again?
Interest rates are what again?
Posted on 1/9/23 at 8:48 am to HubbaBubba
Wife is looking at doing a kitchen and master bath remodel this year. I'd like prices to drop even further
Posted on 1/9/23 at 8:57 am to HubbaBubba
Is OSB really $7.75? I thought it was up to around $20 a sheet or more. I haven't really priced lumber in a bit. Steel prices are still rather high.
Posted on 1/9/23 at 8:59 am to WhiskeyThrottle
quote:
Is OSB really $7.75? I thought it was up to around $20 a sheet or more.
It topped out at nearly $60/sheet for 1/2” (7/16”) OSB. Insane.
Posted on 1/9/23 at 9:06 am to HubbaBubba
Unless you're doing some large scale project/addition to the house, just build whenever.
Posted on 1/9/23 at 9:11 am to Ssubba
Bought plain 3/4 osb about a month ago for over 40, got tongue and groove 3/4 this weekend for 24.
Posted on 1/9/23 at 9:46 am to WhiskeyThrottle
quote:Home Depot $7.75 7/16" 4x8 OSB
Is OSB really $7.75?
Posted on 1/9/23 at 10:01 am to HubbaBubba
I thought the predictions were hit a low this winter and then go back up by summer time? A lot of the country doesn't build much right now
Posted on 1/9/23 at 10:04 am to HubbaBubba
A lot of finishing goods are still high, like fixtures, cabinets, appliances, etc.
Posted on 1/9/23 at 10:07 am to HubbaBubba
What's funny about this is per board foot, it's down from the covid highs of ~1,500.
Fence per foot cost during that time: $60-70/ft
Fence per foot cost now: ~$50/ft
You can tap inflation all you want, but this is straight labor with only a 10-20% reduction
Fence per foot cost during that time: $60-70/ft
Fence per foot cost now: ~$50/ft
You can tap inflation all you want, but this is straight labor with only a 10-20% reduction
Posted on 1/9/23 at 10:21 am to WhiskeyThrottle
quote:
Is OSB really $7.75? I thought it was up to around $20 a sheet or more. I haven't really priced lumber in a bit. Steel prices are still rather high.
I remember $4.88.
Posted on 1/9/23 at 10:39 am to HubbaBubba
Where are you located? Showing $10.60 at the BR home depot.
I did pick up some treated 2x4x8ft this weekend for like $3.50/board. 6x6x8fts were in the mid-$30 range which puckered me a little.
I did pick up some treated 2x4x8ft this weekend for like $3.50/board. 6x6x8fts were in the mid-$30 range which puckered me a little.
Posted on 1/9/23 at 10:40 am to HubbaBubba
lumber has been way down off of its covid peak for months and months
Posted on 1/9/23 at 10:58 am to HubbaBubba
Why are you asking a message board to figure out if you have the proper finances to build a deck?
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