The Year + In Review!
Wow! It has been four years since my last year in review and what a four years it has been. It’s kind of like wanting to write a Christmas letter but your life has been too busy to get it done. Just for the record it has been much more than 4 years since our last one of those but that is my wife’s issue so enough said. The last four years has been a crazy ride. 2019 to 2022 were busy years for those in the new home building or home renovation business and if you are one of the thousands of home owners who were planning projects that is not news to you. Oh and did I mention there was a Pandemic in the middle that caused us all to pause for a moment but after that everything shifted into overdrive. Consistently busier than usual construction seasons, rising home prices, still historically low interest rates, supply chain issues, skyrocketing material costs, and too few people to do the work was challenging for many trying to make their dreams for home come true. I have been very blessed to have worked with great clients before, during, and dare I say after the pandemic? The lessons we learned from the last four years are change is constant but not always what you expect. I have had the opportunity to start new projects, build awesome relationships with great new clients, and to see many of those projects completed for thrilled homeowners. Here is a sample of some of our recent work for your review. If you would like to see more on these, and other projects, just go to our Projects page and continue your journey.
No review of the past is complete without a little peak into what the future holds. You don’t need a crystal ball to know that 2023 will be different that the last 4 years. Interest rates are up and housing starts are down, but after the overheated home construction industry the past several years a little breather is heathy. Lumber is down and the contractors and subcontractors have more availability. While I don’t expect construction costs to drop significantly you should be able to estimate your project costs in design without them increasing drastically before you are ready to start construction. If you have a great interest rate and love your location you may want to consider renovating you current home instead of building new. However, no matter what your plans, in any type of housing market, it is still a good idea to make your plans early, determine a realistic budget for your project, understand your project schedule, and lock in your architect and a potential contractor early to help you accomplish your design and budget goals. So, let us all say goodbye to 2022 and walk boldly into 2023!