Tag: Costs
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9 plot buying mistakes to avoid at all costs
Buying a plot of land for a self build project is an exciting prospect, but it’s not without its challenges. The process can feel overwhelming, especially when it comes to navigating planning permissions, legal hurdles, and the technicalities of dealing with regulations. If you’re looking to avoid costly mistakes and ensure your plot-buying experience is…
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Construction spending slips as costs rise ahead of tariffs
Dive Brief: Nonresidential construction spending ticked down 0.2% in December to a seasonally adjusted annual rate of $1.24 trillion, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released Monday. Spending declined in nine of the 16 nonresidential subcategories on a monthly basis. Public nonresidential spending fell 0.5%, while private nonresidential…
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Hidden Costs of Neglected Trees in Seattle Commercial Spaces
Seattle’s commercial property owners often focus on structural maintenance, interior design, and security when considering upkeep. However, one critical aspect that is frequently overlooked is tree maintenance. Trees provide immense value, from aesthetic appeal to environmental benefits, yet when neglected, they can lead to serious financial and safety consequences. This article will delve into the…
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What concrete costs tell us about construction inflation
Ready-mixed concrete also serves as an interesting indicator of local construction inflation. While its price is affected by global commodity markets and energy costs, it cannot be transported over long distances due to its short shelf life. This necessitates domestic production, making the price of ready-mixed concrete sensitive to local factors such as the cost…
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The top 7 bathroom layout mistakes to avoid at all costs
There are all kinds of bathroom layout mistakes that homeowners fall foul of, but the worst of these can totally ruin even the most beautiful of bathroom design ideas. Your bathroom’s layout, that is the arrangement of the major items, such as the basin, toilet, bath and so on, dictates how you will use the…
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Avoid these four kitchen island mistakes at all costs
The kitchen island has become a staple item in many homes. When designed well it adds value, but fall foul of kitchen island mistakes and it can be a costly and cumbersome elephant in the room, potentially turning your kitchen into a culinary disaster zone. With this in mind, we asked kitchen design experts what…
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Kitchen Renovation Costs: Detailed Expense Breakdown
Kitchen remodeling is a great project that adds value to your home and turns one of the most frequented spaces into a new and more efficient as well as beautiful one. However, it is important to know that the costs of it can accumulate rather fast and as such the budgeting becomes a key part…
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Weighing the Importance of Costs and Client Relationships in Construction
Over the past five years, small and midsize construction businesses have been hit hard by supply chain disruptions, inflation, and geopolitical pressures that have driven up material costs and intensified labor shortages. While some market conditions have stabilized since the initial upheaval, many contractors still face persistent challenges, affecting their cash flow and bottom line.…
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BCIS forecasts 17% building costs increase over next five years
Dr David Crosthwaite, chief economist at BCIS, said: “Industry sentiment data continues to present positive readings, although since the autumn budget these are now less optimistic than at the time of our previous forecast in September, when the headline S&P Global UK Construction Purchasing Managers’ Index reached a 29-month high. View the original article and…
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ABC: Material Costs Down 0.2% in December, Up 0.9% YoY
One of the many economic indicators we’re all watching is the price of materials in the construction industry. With political and economic changes in the mix, what can contractors expect for prices in 2025? Associated Builders and Contractors (ABC) offers a glimpse. According to ABC: Construction input prices decreased 0.2% in December compared to the previous month,…