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Renovations/construction-related costs coming down?

Posted on 9/29/22 at 11:59 am
Posted by Zachary
Member since Jan 2007
1636 posts
Posted on 9/29/22 at 11:59 am
During Covid, it seemed prices of home renovations, fencing, related construction, etc., were high. Is anyone seeing any downward movement in prices? TIA
Posted by tterrific
Member since Sep 2022
649 posts
Posted on 9/29/22 at 12:01 pm to
Nope, costs are still solidly in DIY territory here.
Posted by Chasin The Tiger
Lake Travis, TX
Member since Sep 2012
576 posts
Posted on 9/29/22 at 12:06 pm to
Lumber came down. Nothing else did, including labor.
Posted by SantaFe
Baton Rouge
Member since Apr 2019
6581 posts
Posted on 9/29/22 at 12:08 pm to
Labor costs to the Moon.
Posted by BottomlandBrew
Member since Aug 2010
27098 posts
Posted on 9/29/22 at 12:08 pm to
Glass keeps going up.
Posted by Roberteaux
mandeville
Member since Sep 2009
5809 posts
Posted on 9/29/22 at 12:38 pm to
quote:

Labor costs to the Moon.


I have a feeling some of these guys are going to be begging for work next year
Posted by Swamp Angel
Georgia
Member since Jul 2004
7294 posts
Posted on 9/29/22 at 12:38 pm to
Lumber has come down a little, as have cold formed metal studs. Drywall is up about 11%, suspended ceilings are up from 9% to 17% depending on the manufacturer. Insulation is getting higher by the minute with lead times stretching out as far as eight to ten weeks. Labor is up about 5% as well.

This is only from my perspective as a commercial drywall and framing contractor. I'm certain that other trades are seeing material and labor increases pretty much across the board as well. We're also having to increase our mark-ups and margins in order to be prepared to purchase materials and pay for labor on upcoming projects that we are just now bidding.

It's amazing how much it has changed in less than two years.
Posted by LSUBoo
Knoxville, TN
Member since Mar 2006
101919 posts
Posted on 9/29/22 at 12:40 pm to
Ian didn't help you much just now.
Posted by RTRinTampa
Central FL
Member since Jan 2013
5532 posts
Posted on 9/29/22 at 12:58 pm to
Ian going to change any chance of lower building supplies.
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