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re: Lumber prices continue to skyrocket

Posted on 1/19/21 at 7:27 am to
Posted by shoelessjoe
Member since Jul 2006
9890 posts
Posted on 1/19/21 at 7:27 am to
quote:

I just got a bid back from one of our contractors, we’re building a 3,000 sqft home and Building Material was $125,000

Was this lumber and other things? Like windows, doors, shingles, nails, wire and other things? Where are you located?
Posted by barbapapa
Member since Mar 2018
3180 posts
Posted on 1/19/21 at 8:14 am to
my FIL is a lumber salesman, they are crushing it
Posted by lsu777
Lake Charles
Member since Jan 2004
30909 posts
Posted on 1/19/21 at 9:01 am to
quote:

Seven pages and no mention of tariffs as a factor in the price increase?


what would tariffs have to do with lumber? You realize lumber isnt really imported...right?
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10035 posts
Posted on 1/19/21 at 9:03 am to
quote:

what would tariffs have to do with lumber? You realize lumber isnt really imported...right?
The United States is a huge producer of softwood lumber, milling over 26,200 billion board feet in 2003 and exporting over $380 million worth each year. However, the U.S. also imports approximately $4.5 billion worth of softwood lumber from Canada, accounting for 83% of total softwood lumber imports by value.
Posted by lsu777
Lake Charles
Member since Jan 2004
30909 posts
Posted on 1/19/21 at 9:16 am to
quote:

For a house? Do you work from home? How often are you really home? That’s insane.


He is older and has a family. In the really nice neighborhoods in LC, thats not crazy at all especially if trying to get into the better school districts to avoid private school.

for example, in my new neighborhood, 400k-500k would get you about 2250 sf, here is an example

LINK

but you ahve to pay private school for elementary but would be in the better school district for middle and could attend Barbe if you are white, due to Lagrange being a failing school and being a minority at the school. Or if in gifted you can go to barbe.


In greywood, you would get about 2400 or so SF
LINK

or you could get a little older home and around 3000sf
LINK

if he went to westlake or moss bluff he could get a little more in terms of lot size and be in good school districts
LINK


but in general, most decent, newer homes are in the 185-200 a square range and in general there is not much at all on the market and what it....well its getting scooped in record time.

Posted by lsu777
Lake Charles
Member since Jan 2004
30909 posts
Posted on 1/19/21 at 9:19 am to
quote:

For you contractor baws, what is the avg price of framing on a new construction 2-3000 sqft house now vs. then?


for construction materials, just materials, I was 29 per SF living in May, from what I have been told it would be about $50 now.


other thing that sucks, is its taking 6 months or more for appliances and furniture to come in. If you order now stocked plumbing fixtures or lights....about the same, sometimes even 8 months.

Its crazy the wait time now.
Posted by lsu777
Lake Charles
Member since Jan 2004
30909 posts
Posted on 1/19/21 at 9:22 am to
quote:

However, the U.S. also imports approximately $4.5 billion worth of softwood lumber from Canada, accounting for 83% of total softwood lumber imports by value.


maybe up north, has nothing to do with South LA.

we grow our own softwoods that are milled here in the south.

the price jump is do to mills shutting down during 2008-2012 due to the recession and due to covid keeping active mills to lower production rates.

also the hurricanes and covid have increased demand. Put that on top of a booming housing market pre covid and you have the perfect recipe of extremely high demand, coupled with extremely low supply.

nothing to do with tarrifs, even though tarriffs are nothing more than a tax on americans.
Posted by redstick13
Lower Saxony
Member since Feb 2007
38417 posts
Posted on 1/19/21 at 9:37 am to
quote:

is its taking 6 months or more for appliances


Where you getting your appliances from?
Posted by Drunken Crawfish
Member since Apr 2017
3818 posts
Posted on 1/19/21 at 9:56 am to
quote:

other thing that sucks, is its taking 6 months or more for appliances and furniture to come in.


Yep. I know in some places they are having to bring in demo models into new construction houses just so they can close.
Posted by lsu777
Lake Charles
Member since Jan 2004
30909 posts
Posted on 1/19/21 at 9:59 am to
doesnt really matter where you get them from, its taking that long period. Even driving to houston, you can't get them.

But I amn getting mine from coburns.
Posted by Yeahright
On a big sphere out there.
Member since Sep 2018
1919 posts
Posted on 1/19/21 at 10:01 am to
quote:

Those purple stud length 2x4s were $7 a piece!!!

I think you read the wrong price. No way they are that price and I go to Depot at least 3 times a week for lumber. $4 maybe but not $7.
Posted by redstick13
Lower Saxony
Member since Feb 2007
38417 posts
Posted on 1/19/21 at 10:10 am to
Can't help you out there but I could have at least looked into it if you were doing business further east on McNeese.
Posted by lsu777
Lake Charles
Member since Jan 2004
30909 posts
Posted on 1/19/21 at 10:15 am to
its not a big deal on my new house as we dont move in until may anyways. But getting a new fridge for current house with matching freezer, as it fridge went out during the hurricane, has been a huge pain in the arse.

prolyl should have asked for help on here. Oh well. Apprecciate it.
Posted by AUbagman
LA
Member since Jun 2014
10559 posts
Posted on 1/19/21 at 11:16 am to
I was going to build my own doghouse last week thinking I would save money. Got my Lowe's cart loaded up online and saw the checkout price and said nah, I'll just get one from Chewy.
Posted by TigerB8
End Communism
Member since Oct 2003
9191 posts
Posted on 1/19/21 at 11:35 am to
Just completed an exterior renovation using hardy siding, cedar shakes, cedar tongue and groove, and replaced 3 decks with Trex and pressure treated pine. It's incredibly overpriced right now due to supply chain not up to full speed. Only way i was able to afford this was my FIL builds homes and he ordered the materials on his accounts with that discount and drop shipped to my house where he supplied contractors that i paid. These contractors were trashing every piece of wood and i had to tell them to save the scraps. Especially the cedar scraps since i have been building furniture with these scraps and pallets. I'd go dumpster diving and they'd look at me like is was a lunatic.
This post was edited on 1/19/21 at 2:33 pm
Posted by BenDover
Member since Jul 2010
5408 posts
Posted on 1/19/21 at 11:39 am to
We're building a home right now and they had a special section in our bid sheet that said "COVID lumber pricing" and for $9,100.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65413 posts
Posted on 1/19/21 at 11:52 am to
quote:

We're building a home right now and they had a special section in our bid sheet that said "COVID lumber pricing" and for $9,100.
quote:

BenDover
Checks Out.
Posted by rented mule
Member since Sep 2005
2351 posts
Posted on 1/19/21 at 12:01 pm to
quote:

I think you read the wrong price. No way they are that price and I go to Depot at least 3 times a week for lumber. $4 maybe but not $7.


$6.48 right now on homedepot.com
Posted by ABucks11
Baton Rouge
Member since Jan 2012
1140 posts
Posted on 1/19/21 at 12:11 pm to
quote:

maybe up north, has nothing to do with South LA.


I bought some 1x6 and 1x12 from Home Depot and the stickers all said made in Canada. Even in south LA, wood is being bought elsewhere at box stores.
Posted by lsu777
Lake Charles
Member since Jan 2004
30909 posts
Posted on 1/19/21 at 12:13 pm to
quote:

I bought some 1x6 and 1x12 from Home Depot and the stickers all said made in Canada. Even in south LA, wood is being bought elsewhere at box stores.


really surprised at that. Why? it has to be cheaper to get it locally.

I hate tarriffs, nothing but a tax.
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