Monday 11th December 2017

Residential Construction Insights

Residential Construction Market Insights

If you are considering a residential construction job in the near future, it is wise to understand what is going on in the market. 

Here are some charts showing the price indexes for construction materials:

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Source:http://enr.construction.com/economics/materials_trends/

What does all of this mean for your next residential construction job?

Though supply (housing starts) is down, inflation is causing material costs to go up.  In 3 of the 4 indexes above, prices are increasing. 

Our experience is consistent with this indexes.  In addition, the lumber index is misleading.  Though prices have softened with demand, quality has also decreased, so the effective lumber cost has increased.

Residential Construction Bottom Line

If someone quotes you a rock bottom deal…be careful.  It is not unusual for us to get calls to clean-up the mess created by these "deals."  The problems include shoddy workmanship and poor material selection.  In a few instances the previous contractors have mysteriously disappeared after getting the down payment on the job.

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For an honest, transparent, and ethical approach to your Ashland residential construction or Medford residential construction job, contact Alex Boutacoff Construction today! 

 

Testimonials

"When we moved from Los Angeles to Eagle Point, we selected Alex Boutacoff Construction as our builder. He delivered the house of our dreams!"

-Pat & Ron, Eagle Point


"We needed to reinvent our home for our retirement. Alex Boutacoff not only executed our vision, but took it to the next level. Thanks Alex!"

-Barbara, Medford


"After the birth of our second child, we realized we were out of space. Alex Boutacoff construction build the new bedroom, bathroom, and office we needed."

-Karin & Jason, Eagle Point


remodel ashland

Contact Us!

Alex Boutacoff Construction, Inc.

132 High Oak Drive

Medford, OR 97504

541.821.0140

alexb@mind.net