Tag: Costs
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‘Plan early’ — homebuilders warned building costs are set to rise 12% by 2030
Homebuilders and renovators face a challenging landscape as building costs are set to rise by 12% over the next five years, according to the latest forecast from the Building Cost Information Service (BCIS). With tender prices also expected to increase by 15% and new work output predicted to grow by 19%, those looking to build…
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7 Data Sources That Cut Project Costs and Time
Every project, no matter how big or small, is a race against time. The longer it takes, the less profitable it is. And while shortcuts can save time, they can also lead to accidents. Striking the right balance between efficiency, productivity, profitability and ensuring worker safety is always the goal but recent data shows construction…
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Gordian Data Shows Modest Rise in Construction Costs for 2025
Gordian, provider of data-driven solutions for all phases of the building lifecycle, reported that construction costs continued to increase slightly faster than inflation heading into 2025, with labor wages rising by an average of 4.1% over the past year. This analysis is based on today’s release of 2025 RSMeans Data. While construction materials, equipment and…
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Architects, Engineers See Growth Amid Risks and Rising Costs
As the U.S. construction industry continues to benefit from steady economic growth, most insurers providing architects and engineers (A/E) professional liability insurance are concerned about the persistent effects of inflation on claim expenses, uncertainty about the U.S. economy, higher risk project types and professional design disciplines, as well as new exposures from artificial intelligence (AI). To…
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Walk-in shower costs? How much you can expect to pay
Budget is key for any bathroom remodel and after reading this walk-in shower costs guide you’ll have a much better idea of how much you will have to spend to get what you want. Whatever your shower room ideas, there are a host of components that make up a walk-in shower. It’s not just the…
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Do You Pay Closing Costs When Selling to a Cash Buyer?
You might be wondering if you’re stuck paying closing costs when you sell to a cash buyer. We’ll unveil the ins and outs of closing fees so you know your options. Approaching a cash sale removes financing delays but still raises questions about fees typically handled by mortgage lenders. You want to avoid extra charges,…
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Small Bathroom Remodel Costs 2025
Homeowners face escalating costs for small bathroom remodels in 2025. New tariffs on imports, coupled with persistent supply chain volatility, drive material prices upward. This blog dissects the current market, providing actionable insights into budgeting and cost-saving measures. We cut through the noise, delivering the data you need to navigate the financial realities of renovating…
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Kitchen Designer Costs: What Should You Expect?
For many homeowners, the dream kitchen is a tangible goal, a space where culinary aspirations meet daily life. However, that vision often comes with the question: what’s the real cost of professional design? Hiring an interior designer for your kitchen remodel isn’t just about aesthetics; it’s about maximizing your investment and avoiding costly mistakes. We’ll…
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![[SERIES] International Pavement Maintenance Part 2: Controlling Your Costs](https://craftyourcastle.com/wp-content/uploads/2025/02/SERIES-International-Pavement-Maintenance-Part-2-Controlling-Your-Costs.png)
[SERIES] International Pavement Maintenance Part 2: Controlling Your Costs
Meeting with more than one hundred contractors personally, it was quite refreshing to hear of their willingness and desire to tight their “money belts” when it came to running their business. In fact, as more than one contractor told me, “Hey Mate, when you live on an island, you tend to be a bit more…
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How Steel Commercial Buildings Reduce Insurance Costs
In today’s competitive business landscape, every penny counts. One often overlooked area for potential savings is commercial insurance. While it’s a necessary expense, there are ways to mitigate those costs, and choosing the right building material plays a significant role. Steel commercial buildings offer a compelling case for lower insurance premiums thanks to a combination…