decisions

Building Material Costs – HOA Decisions and Roofing Construction Questions for 2011

Not long ago, I was discussing with an acquaintance the issues with increasing building material costs as we head into 2011. Everything points to rapid cost increases, and wholesale inflation in the construction sector. Labor, fuel for delivery, commodities, environmental regulation, and all the supply and demand economic issues which go with economic expansion, which is where we are headed in 2011.
Now then, should an HOA consider the timing if they are going to for example make a decision whether or not to spend on refurbishing such a painting, or roofing? Okay so let’s talk about this shall we, let’s talk about costs and future increases.
For instance, we know that transportation Costs to deliver building (roofing) materials – as oil is going to $100/ barrel mid-year 2011, I’d say a trading range of $95-$109 in 2011- which equates to higher pump prices, and building materials are heavy, and must be transported. This could add an additional 10% and another ten percent in production of that material. Not even touching on the raw materials and commodity markets of so much of the building material supplies. I also recently talked to a semi-retired floor tile wholesaler, he said prices were already rising and expected them to continue to rise, even their Chinese building products.
In essence what I am saying is that ALL indicators that I can see point to higher building material and Electrician Job Description Pdf related costs, and those price increases will far outpace sticking the HOA’s money in a money-market or interest bearing account. I just do not see any rational argument against you ascertain that now is the time to invest.
Also consider the 2010-2011 roofing tax credits, which will be expiring, that ought to pique the interest of a Home Owners Association right about now? Why not take advantage of those savings too? And Reed Construction Data forecasts show semi-favorable supply issues, but increasing wholesale costs for materials throughout 2011. Allied Building Materials has put out a letter to all their customers of interior construction materials price increase effective January 1, yes, that’s interior not exterior, but it tells the same story. RPM announced its second quarter results, with this little tid-bit from a shareholder’s report from:
“Our industrial segment should continue its strong performance in the back half of this fiscal year, with signs of improvement in the depressed commercial construction market this spring, while consumer sales are expected to be relatively flat as they face very strong prior-year comparisons, combined with consumer uncertainty. We anticipate that raw material challenges will persist through the remainder of this fiscal year,” Sullivan stated.”
Which suggests that they may not be able to pass on those increased raw material costs, and this company does make: “RPM’s industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals.” Now then, regarding my comments in a previous article about How To Hire A Contractor For My Business Labor Costs in 2011, and the construction environmental …

New Construction Homes – Making All the Important Decisions

When browsing through new construction homes, potential buyers often see the benefit to creating something that they can customize for themselves. Along the way, there are many decisions that need to be made and the homeowner gets an opportunity to create the living space of his or her dreams. These decisions involve everything from the flooring to the ceiling fans and plenty of items in between.
Flooring
With a new Best Spec Home Plans home, the buyer has the ability to choose the flooring that he or he is most interested in. Some places, like the kitchen and the bathrooms will probably have some type of tile or linoleum but the buyer gets to choose the colors, the patter, and even the size of the tiles. There are some options that come standard while others are considered an upgrade and will cost more.
In the main living areas and bedrooms, buyers can also choose to put in some type of tile or they can look through the different types of carpeting. These areas come with builder’s grade carpeting and builder’s grade padding but a person can make the necessary changes to have more comfortable flooring wherever they choose. In some cases, a homeowner will go with the flooring that comes in the house and makes plans to replace it on their own.
Appliances
In the kitchen, new construction homes come with everything except a refrigerator. Buyers get to choose the appliances that will work best for their lives. In some cases, the kitchen can be changed to accommodate things like a double oven or a larger refrigerator. The builder works with the buyer to determine what can be changed and what needs to stay the same.
Sinks, Countertops, and Cabinets
Just like flooring, there are multiple options for sinks, countertops, and cabinets. Buyers often make an appointment with a local design center that the builder works with to look at the different options up close and make a decision. There are several combinations that can work to add an extra elegance to the house or create a casual yet comfortable atmosphere.
There are options that come with the house that are included in the cost and there are ways to upgrade. For many homeowners, the purchase of a new construction home is a hefty investment and they want to make sure that they get exactly what they want from the start. When compared to going in later and remodeling or making changes, adding these upgrades and amenities when the house is built makes much more sense financially.
Pre-Wiring
New Civil Construction Service Provider homes also allow a buyer to choose which rooms of the house with be pre-wired for things like fans, cable and phones. Some rooms are already set up with these things while others don’t have any and it helps to be able to add these things right away.…