Real Estate News

Cost of home repairs - Part 1

Consumers shifting their discretionary spending; Supply chain disruptions; Building and construction workers; stiff tariffs on construction supplies; and Inflation.

Cost of home repairs - Part 2

Some ways to save on construction materials and appliances:

1. Do all your product research now.

2. Stock up on what you know you’ll need, even if you won’t need it immediately. This is particularly important for lumber needs because lumber prices are expected to keep rising throughout the year.

3. If making a special order, order ASAP so you don’t have to delay an entire project (kitchen renovation, for example) for months and months due to having to wait for that special order item to finally show up.

4. Ask about purchasing floor samples on appliances — you could get 15%-30% off.

5. Call a contractor now to get on their job schedule. You’ll likely have to wait 4-6 months anyway, due to labor shortages and screaming high demand.