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Two Things You Need to Know about New Construction

These are the two biggest takeaways from a recent contractor conversation.

With all the work we do in architecture and real estate, we get a close look at the home-construction industry. We had a really interesting conversation with a contractor recently, and I wanted to share the contents of that discussion with you today.

We had asked him, “What does everyone need to know before they head into a new construction project right now?” He gave us two tips:

1. Prices for new homes have gone up 300% in the last year.

2. This is the worst subcontractor work he’s seen in 30 years. That doesn’t mean you’ll get a bad home or that you shouldn’t be hiring contractors right now, but you should assume that things will cost a little more than you expect. You also need to be patient because good, quality work comes from good, quality contractors who are super busy right now.

If you have any questions about the new construction market, buying a home, or anything else related to real estate, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.

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