Renovation Costs Increasing

Anonymous
I thought the cost of renovations would settle down, but it seems the opposite. Nobody is selling and instead just renovating what they have. I can't afford to move into a place with more space bc of the interest rates, and now, trying to make this home work has become more challenging. Sigh.
Anonymous
OP, I feel you. I'm trying not to kick myself for not moving to my new location Summer of 2020. Instead I waited 2 years, until the prices for homes doubled and construction costs at least doubled. We're looking at spending a fortune for renovations too. Contractors are gouging customers in higher COL areas.

My only advice is to keep looking for a lower-priced contractor. We haven't found one in our new location yet, but we did used a GC who we really liked back in DC. His English was sparse, but he and his guys did excellent work. It just took a little more oversight from us, but we paid a fraction of the price. It was worth it to us. We're still looking for someone like that in our new location. Wish us luck!!!
Anonymous
Just look for hungry subs, they're out there. Some stuff doesn't require a license, so make sure to not overpay for that - when a handyman can do the job.
Anonymous
OP. Thanks for the hope.
Anonymous
Self contract
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