#cost

Articles tagged with cost

Featured image for Mass Timber Builds: 25% Faster Despite Higher Upfront Cost

Mass Timber Builds: 25% Faster Despite Higher Upfront Cost

Mass timber construction combines exceptional strength, environmental sustainability, and rapid assembly. Initial expenses exceed those of steel or concrete by 5 to 15 percent, yet accelerated timelines and superior energy performance yield significant long-term financial benefits. Through meticulous design, rigorous safety protocols, and ongoing maintenance, construction professionals can deliver resilient, green structures that comply with current regulations and exceed performance expectations, ultimately optimizing both time and budget.

5 min read
Featured image for 2025 Tariffs Push Building Costs Up 12-18 Percent

2025 Tariffs Push Building Costs Up 12-18 Percent

The 2025 tariffs introduce significant increases in building material prices, with lumber, steel, and aluminum rising 8 to 25 percent. This escalation results in residential construction projects costing 12 to 18 percent more overall. Contractors adjust bids accordingly, project delays become more common, and homeowners confront difficult decisions.

4 min read
Featured image for Construction Labor Shortage Drives 2025 Costs Up

Construction Labor Shortage Drives 2025 Costs Up

The 2025 construction labor shortage intensifies schedules and elevates costs as skilled trades become scarce. Contractors grapple with recruitment and retention issues, while homeowners face increased bids and extended timelines. This guide delves into the causes, financial effects, and actionable tactics for both parties to thrive in the current labor landscape.

6 min read
Featured image for Lock Materials Early to Beat 2025 Price Swings

Lock Materials Early to Beat 2025 Price Swings

Discover methods to develop a resilient 2025 construction budget against inflation. This resource details fixed-price agreements, strategic material selections, contingency allocations, and funding strategies to maintain cost stability. Through precise guidance, expert recommendations, and practical validations, readers gain the tools to plan with assurance, prevent budget excesses, and safeguard project integrity amid price increases.

5 min read