Construction industry experts say residential construction costs have been at a record level for the past seven years. Long established builders, though, have an edge in the market place.
According to Allisha Watkins, Marketing and Advertising Coordinator for United-Bilt Homes. " Owning a lumberyard is effective in keeping prices steady because of the quantity and quality of the building materials they use in constructing their custom designed homes and of their ability to buy materials in bulk directly from supplier warehouses.
Also in-house services sets them apart from the average residential homebuilders and allows them to continue passing their savings onto the consumer.
United Bilt Homes has been a leader in the home building industry since 1958, specializing in on-your-land construction of new homes. They own and operate their own lumberyard, which supplies building projects, including engineered trusses custom designed for every home. Additionally, they are known for being able to offer all the services needed to build a new home from the ground up. These services include design, financing, construction and even insurance.
"Costs for building material have increased much faster than overall inflation in recent years," said Michael Carliner, economist with The National Association of Home Builders. "The devastation of the 2005 hurricanes created new pressures on materials, putting residential construction costs at record levels."
“The volume of construction activity, cost pressure on materials associated with global demand and the availability of skilled labor are the primary elements driving the cost escalation in the domestic construction market,” according to Karl F. Almstead, the Turner vice president responsible for the Cost Indexing. He continues, “Concerns over energy costs remain in the background, along with questions of the impact and timing of rebuilding following Hurricane Katrina.”
Likewise, industry experts agree consumers who are looking to build a new home have an advantage when they work with builders that have their own in-house resources. Watkins summed it up, "We are glad to be a part of the solution that allows consumers to build their dream home, despite rising costs. Our motto at United-Bilt Homes is that we are 'more than a builder.' We prove this to our customers on each new home we build as we use our buying power and vertical integration to pass along savings to our customers."
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