I've seen that # thrown around a lot lately, but is it compared to pre-pandemic prices or to last March when the lumber prices crashed?Its all building materials and commodities. Recent price hikes have added an average of $24000 to the price of a new home.
Im sure higher labor rates and fuel cost are also a factor , not just materials. I have to pay twice for labor now what i did just a few yrs ago but the prices i can charge have hardly gone up much at all in my particular business.I've seen that # thrown around a lot lately, but is it compared to pre-pandemic prices or to last March when the lumber prices crashed?
What's a 3000 sqft house cost Missouri that your building?I frame 2000-4000 sf houses in Kansas City. The demand is mindblowing. I have no idea where all the people are coming from to buy houses. Or afford them. The builder I work for stopped taking new build contracts. Is going to specs (no contract) now because he doesnt want to get locked in on a price with lumber costs increasing weekly plus dealing with shortages. Our lumber company is a national company and they are running out of material-- siding, smart trim, LVLs, 2x6s, you name it. Its starting to hold up jobs. Theft is also becoming a huge problem. Another framing crew put 50 sheets of OSB up on the ceiling joists to deter any would be thieves only to come back the next day and it was gone. Thats crazy stuff.
The designer who did our cabin drawings told me that if you can't afford $200sqft (having a GC) they don't want to do the drawings.Around $500,000 depending on neighborhood, school district, lot size, etc.
Throw in the fact that a lot of equipment, parts, supplies, materials, etc are in thousands of shipping containers sitting in our ports with no way to get to their destination due to the shortage of OTR truckers.
In several occasions I have almost purchased the mounding head and knives for my shopsmith. Just never found a need. Custom picture frames Maybe.I've been thinking very strongly about getting some sort of planer/moulder so I can make high value items from my rough lumber, but I don't even have a place to put a planer.