Author Topic: Building in 2021? The facts about the prices of building materials  (Read 735 times)

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Offline maggiethecat

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I have to say this video was an eye opener!

https://youtu.be/Ei14ks5ggGo

Very well explained. I am now a little scared to start building. Maybe we should hold off until next year to build our cabin. I just can't believe the prices compared to a year ago, my husband says OSB 7/16 used to cost $11 and now it's $51

[edited to remove divisive/political non-building related content] 
« Last Edit: April 27, 2021, 03:32:52 PM by MountainDon »
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Offline Nate R

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Re: Building in 2021? The facts about the prices of building materials
« Reply #1 on: April 25, 2021, 02:13:35 PM »
It's an interesting video, better than many in how it's presented. Not sure I agree with all of it, as far as cause/effect, or even how much is factual, but still....Will be interesting to see if he's right about things coming down next year. 



Offline NathanS

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Re: Building in 2021? The facts about the prices of building materials
« Reply #2 on: April 26, 2021, 04:59:21 AM »
I would go to some local saw mills with a complete order of what you need - even sheathing with 1x. They do not have the same complex supply chains big box stores utilize which is like a form of leverage.

The prices from the hardwood mill I have used have actually decreased since covid started, because most cabinet making has been outsourced to Asia.

Offline jsahara24

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Re: Building in 2021? The facts about the prices of building materials
« Reply #3 on: April 26, 2021, 09:02:29 AM »
I just bought 20 sheets of 7/16 OSB, 45$/sheet.  You wouldn't believe how many people came up to me as I was loading it.  If it wasn't something that needed to be done based on a current roofing project gone bad, I would wait, or find another way like Nathan mentioned....

Do you have any local mills?  The amish in my area are very reasonable..

Offline Dave Sparks

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Re: Building in 2021? The facts about the prices of building materials
« Reply #4 on: May 07, 2021, 07:48:17 AM »
My info is the price may come down a bit off the peak, but it will be high for another year if you are waiting. Many builders are selling lots but not moving forward building the structure, and this too is another bottleneck.
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Offline McLeanGabrielle

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Re: Building in 2021? The facts about the prices of building materials
« Reply #5 on: June 30, 2021, 07:57:56 AM »
I completely agree with you. It is best to wait for the end of the pandemic, then prices will drop significantly from the peak.

Offline NathanS

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Re: Building in 2021? The facts about the prices of building materials
« Reply #6 on: July 03, 2021, 08:17:37 AM »
Just an FYI -- the Amish have not increased prices at all in my area. I finally went in for a price list because I am going to build a garage this summer and fall. They are backed up 2 months, but a 2x6-8' is still only $4.80.


Offline GeneAtTheBeach

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Re: Building in 2021? The facts about the prices of building materials
« Reply #7 on: July 13, 2021, 03:53:16 PM »
Just joined the forum. Just sold my house and I'm going to build my own small home on land I own outright. Saw this thread, and wanted to chip in..... My son is an Area President for the largest Home Builder in the US. There is not, nor has there ever been a 'wood shortage'. This entire fiasco is the result of Weyerhaeuser, West Fraser, Georgia-Pacific, Sierra Pacific and a smattering of other Timber goliaths working together to raise prices across the board.

Other major suppliers (steel, electrical component suppliers, etc) have taken the hint, and decided to get on the gouging bandwagon as well. This isn't an opinion... It is what it is, and their actions are being ignored by our 'government'...

This has nothing to do with a 'pandemic'. It is pure, simple greed. >:(

Very few of the timber suppliers here in NC have jacked their prices into orbit. Sure, some of them have gone up, but not by orders of magnitude like the commercial industries have. It's nuts.

Offline Don_P

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Re: Building in 2021? The facts about the prices of building materials
« Reply #8 on: July 14, 2021, 02:29:05 AM »
Yup, they saw an opportunity to jack prices on those who would pay them. The consumer has the option of saying "thank you, no". Enough people with enough free money decided to pay those prices. When prices do moderate those houses will be under water... very short memories.

The logger and small sawmills did not see much of an increase. We logged some timber last week and are sawing framing this week. Rarely is it cost effective for me to saw framing lumber. It is right now.

We apparently crossed the peak and prices are dropping but it will be several months at current predictions before things calm down. Some of those who speculated are trying to unload their high priced goods right now. In a perfect world it will bite them very hard.

Off to the woods  ;D


 

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