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Construction costs

Reply from: JohnnyC
Date: 09 May 2008, 16:06
Construction costs

What are you guys seeing to construction costs in your part of the country?
Are they coming down at all due to the lousy economy? I want to put an
addition on the house am wondering if now is the time to pull the trigger on
it.

I am in the northeast. Thanks.



Reply from: Jack
Date: 09 May 2008, 16:17
Re: Construction costs

On May 9, 9:06 am, "JohnnyC" <j...@jc . com > wrote:
> What are you guys seeing to construction costs in your part of the country?
> Are they coming down at all due to the lousy economy? I want to put an
> addition on the house am wondering if now is the time to pull the trigger on
> it.
>
> I am in the northeast. Thanks.


If I were you, I would wait awhile as I believe the economy is in the
process of a slow acting depression and eventually you will find that
things are going to reach Grand Cayon size. Just a matter of time.
Perhaps after the election.

Reply from: ransley
Date: 09 May 2008, 16:41
Re: Construction costs

On May 9, 9:06 am, "JohnnyC" <j...@jc . com > wrote:
> What are you guys seeing to construction costs in your part of the country=
?
> Are they coming down at all due to the lousy economy?  I want to put an
> addition on the house am wondering if now is the time to pull the trigger =
on
> it.
>
> I am in the northeast.  Thanks.

Labor you might get a deal, but dont forget material prices will be
going alot higher for a long time, 125 a barrel oil has to filter its
way down the chain. Who knows, plan on utilites doubling as fast as
they are allowed to raise prices, we may be in just the start of a
crash. High energy will break alot of folks with real hurt only
starting to impact everyone with electric rate and next winters NG
price increases

Reply from: EXT
Date: 09 May 2008, 21:47
Re: Construction costs

Don't forget anything made outside of USA, or if the price is determined by
an outside currency, it will cost more because the US dollar has lost 1/3 of
its international value.

"ransley" <Mark Ransley@yahoo . com > wrote in message
news:70730fcb-4dcc-48d5-83d4-8dd5c30353df@d77g2000hsb.googlegroups . com ...
On May 9, 9:06 am, "JohnnyC" <j...@jc . com > wrote:
> What are you guys seeing to construction costs in your part of the
> country?
> Are they coming down at all due to the lousy economy? I want to put an
> addition on the house am wondering if now is the time to pull the trigger
> on
> it.
>
> I am in the northeast. Thanks.

Labor you might get a deal, but dont forget material prices will be
going alot higher for a long time, 125 a barrel oil has to filter its
way down the chain. Who knows, plan on utilites doubling as fast as
they are allowed to raise prices, we may be in just the start of a
crash. High energy will break alot of folks with real hurt only
starting to impact everyone with electric rate and next winters NG
price increases


Reply from: cshenk
Date: 09 May 2008, 21:55
Re: Construction costs

"EXT" wrote

> Don't forget anything made outside of USA, or if the price is determined
> by an outside currency, it will cost more because the US dollar has lost
> 1/3 of its international value.

Agreed. I am spending my 'tax rebate' check and refund on the economy by
employing laborers and getting a USA made sunroom addition. Energystar too.
Labor just now is a good deal as construction has slowed.



Reply from: Red Green
Date: 10 May 2008, 05:00
Re: Construction costs

ransley <Mark_Ransley@yahoo . com > wrote in
news:70730fcb-4dcc-48d5-83d4-8dd5c30353df@d77g2000hsb.googlegroups . com :

> On May 9, 9:06 am, "JohnnyC" <j...@jc . com > wrote:
>> What are you guys seeing to construction costs in your part of the
>> country
> ?
>> Are they coming down at all due to the lousy economy?  I want to put
>> an addition on the house am wondering if now is the time to pull the
>> trigger
> on
>> it.
>>
>> I am in the northeast.  Thanks.
>
> Labor you might get a deal, but dont forget material prices will be
> going alot higher for a long time, 125 a barrel oil has to filter its
> way down the chain.

Has to??? Have you bought anything lately that has trucks involved in
delivery to consumers...namely anything? $4.20 a gal for deisel in NC.

> Who knows, plan on utilites doubling as fast as
> they are allowed to raise prices, we may be in just the start of a
> crash. High energy will break alot of folks with real hurt only
> starting to impact everyone with electric rate and next winters NG
> price increases


Reply from: Phisherman
Date: 09 May 2008, 20:06
Re: Construction costs

On Fri, 9 May 2008 10:06:46 -0400, "JohnnyC" <j@jc . com > wrote:

>What are you guys seeing to construction costs in your part of the country?
>Are they coming down at all due to the lousy economy? I want to put an
>addition on the house am wondering if now is the time to pull the trigger on
>it.
>
>I am in the northeast. Thanks.
>


I just got my renewal home insurance statement. It is up 15% from one
year ago. The letter "justified" the increase due to cost of
materials. I guess my $200K home would cost $230 to rebuild it, and
then it would still be a $200 house. Insurance companies... the
necessary evil!

Reply from: Edwin Pawlowski
Date: 10 May 2008, 04:56
Re: Construction costs


"JohnnyC" <j@jc . com > wrote in message
news:YTYUj.71373$y05.15881@newsfe22.lga...
> What are you guys seeing to construction costs in your part of the
> country? Are they coming down at all due to the lousy economy? I want to
> put an addition on the house am wondering if now is the time to pull the
> trigger on it.
>
> I am in the northeast. Thanks.


Labor is not any cheaper, but it is more available and you can get the best
of the trades. Material cost have been rising and I doubt they will be any
lower than right now. Being in cold country, I'd build with ICF's
(insulating concrete forms) to keep heating costs down now and for the life
of the house.



Reply from: buffalobill
Date: 10 May 2008, 12:13
Re: Construction costs

On May 9, 10:06 am, "JohnnyC" <j...@jc . com > wrote:
> What are you guys seeing to construction costs in your part of the country?
> Are they coming down at all due to the lousy economy? I want to put an
> addition on the house am wondering if now is the time to pull the trigger on
> it.
>
> I am in the northeast. Thanks.

if the addition is to store more collected clutter, there may be an
easy "no" in your future.

Reply from: Moo
Date: 10 May 2008, 14:44
Re: Construction costs


"JohnnyC" <j@jc . com > wrote in message
news:YTYUj.71373$y05.15881@newsfe22.lga...
> What are you guys seeing to construction costs in your part of the
> country? Are they coming down at all due to the lousy economy? I want to
> put an addition on the house am wondering if now is the time to pull the
> trigger on it.
>
> I am in the northeast. Thanks.
>
>
Pull the trigger
* money.cnn . com /2008/03/10/real estate/build home.moneymag/?postversion 08031218


Reply from: Bill
Date: 10 May 2008, 15:47
Re: Construction costs

Wood is at a low price, so build, build, build!

Also with the dollar declining in value and many products like tools being
imported, I figure I should buy now before prices go higher.

So I have all sorts of remodeling projects going which I recently started.


"JohnnyC" wrote in message
> What are you guys seeing to construction costs in your part of the
> country? Are they coming down at all due to the lousy economy? I want to
> put an addition on the house am wondering if now is the time to pull the
> trigger on it.
>
> I am in the northeast. Thanks.
>
>






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