In our youth, my wife and I were involved in residential construction with family, which enabled us to do a good portion of the remodeling of my parent’s house for our daughter. In August 2020, as we were winding down the remodel, we began building her a deck. Unfortunately, not being a professional estimator led me to calculate somehow only one-half of the 5/4 deck boards needed. As we were only working some weeknights and Saturdays, it was mid-September before I realized my mistake. So, I sheepishly contacted our good friend who had supplied the lumber and let him know we needed another order of boards. The first order was expensive as it was, and when he let us know that the additional boards were ready, the price had increased by about $10.00 per board! I was stunned! How could this happen? You guessed it—just like practically every other aspect of our daily lives, Covid-19 had struck.
Upon placing our initial order, our friend could not give us a delivery date or guarantee our entire order would ship together due to the lumber shortage. But we got it pretty quickly, and I wrongly concluded that there must not have been much of a shortage after all. My eyes opened wide on the second order!
Hopefully, we’ll continue to see a reduction in prices for both lumber and houses. This way, most new homeowners can build positive equity and not owe more than the house is worth, or worse, face the possibility of losing their home.
On a final note, if you decide to take on a small construction project like building a deck, my advice would be to give some serious thought to having a second set of eyes look at the estimate before you order!
Manager Hometown: Kennesaw, Georgia Alma Mater: Kennesaw College and Georgia State University
Fan of Georgia Bulldogs football, Atlanta Braves and Falcons. Loves Italian and Mexican food.