In recent months, we’ve encountered a few situations in which a client approved a preliminary design, only to find that estimated costs to build were greater than expected. In some cases, this entailed an overhaul of the design; in others, the project was put on hold or abandoned completely. This led us to assemble a few thoughts on how to build a new home in this time of escalating costs.
Let’s look at the reasons that costs are higher than they used to be. [Read more…]