This seems like a common thing to say with the current state of the world and this COVID pandemic, but many don’t take the time to figure out why this might be the wrong thing to say. For many of us, our home has been and always will be our single best investment. The key to any good investment is time and many who see the wild swings in the stock market soon forget. I often have clients ask me when the right time to buy or build a new home and I have kept my answer the same for the past 20 years. It is “Yesterday" but you can’t go back in time obviously. Each year we begin with price increases in labor, materials, and typically land. We often think that this seems too high for our customers but by the following season our customers call and say how thankful they are that they built when they did. This year will be no different for anyone who took that leap of faith and next year will be the same. Our home has been the only place we are able to take our masks off, the only place many of us have been able to work, and the only place our kids have been able to learn over the past year. That being said, we should look at our home as the place we should invest the most in and if and when the time is right for our family we should make the move to do what is right at the time. Recently we have seen an uptick on the lumber costs across the nation and that has caused many to hit the pause button and think that if we wait until next year we might be better off. Historically we have seen an average of 2-3% in new home increases from fall to the next spring and this is the overall effect that we are seeing with the higher costs in the materials today. If the lumber prices go back down next year, you are only going to be paying the same amount for your new home and likely more with the normal set of increases we see yearly. Interest rates are another factor. We currently have historically low rates and next spring that home you can build now will be unattainable with a small shift in that rate. The bottom line is this. Never be afraid of taking the leap if your time is right. Your home has been and always will be one of your best investments you can make for yourself and your family. Yesterday is almost here so now is the time to get moving!
Winter is almost here and there is no better time to talk about our homes ventilation systems. The cold is fast approaching and I thought I’d touch on two vital air movement systems in our homes to prepare for it. … Continued
Spring Outdoor Tasks: Clean gutters & downspouts Inspect roof/chimney for cracks and damage Touch up peeling or damaged paint Wash all windows, inside & out Service your lawn mower Fertilize your lawn Install downspout extentions Indoor Tasks: Test smoke … Continued
Today I’m going to run down my typical walk through discussion with my customers regarding their air to air exchangers. I normally start off by making sure people don’t overthink what the system is designed to do. Anyone who has … Continued
Sounds pretty mundane, but in the MN building industry it is a pretty hot topic. As code continues to be understood by us all, the best and most cost effective ways to build a home always seems to filter to … Continued
Might seem like a strange title, but this is a reality for the next few months in our market. Many of you are aware that we saw a major influx of building permits pulled trying to beat the new building … Continued
Have you ever considered building? If so, you probably have wondered where to start. We have clients come to us at all different stages…some know exactly what plan they want and the flooring they want in it, and some don’t … Continued
You are selecting a quality builder with Med City Builders. Andy is great from the first detail down to the follow up after the build. He explains everything thoroughly and does not cut corners in the build. His … Continued
I just had a moment to catch up from the wild spring and start to the summer and was thinking about the new issues we are up against as builders and building customers. The lots in Rochester are becoming very … Continued
The simple answer to this question is absolutely yes. It would seem odd to think that doing something this simple can make a difference, but it really can. As I have discussed in earlier blog topics, the heat in … Continued
