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.

On May 9, 9:06 am, "JohnnyC" 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.

On May 9, 9:06*am, "JohnnyC" 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

On Fri, 9 May 2008 10:06:46 -0400, "JohnnyC" 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!

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" wrote in message
...
On May 9, 9:06 am, "JohnnyC" 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

"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.

"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.


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.

ransley wrote in
:

On May 9, 9:06*am, "JohnnyC" 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

"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.


Pull the trigger
http://money.cnn.com/2008/03/10/real...ion=2008031218

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.