All Blog Entries by Robin Wise

Found 2 blog entries published by Robin Wise.

Many families are wondering if now is the time to build a new home or if they should wait a couple years to start the process. Now more than ever, you should consider building in the near future — because the cost to build your dream home will certainly rise every year. Why?

1. The cost of land often trends upward.

As a limited resource, builders often compete with one another for the choicest locations. Then they spend hundreds of thousands of dollars to ready the sites with surveys, roads, curbs, lighting, sewer, water, etc.

2. The cost of labor continues to grow.

In our area, there is a shortage of tradesmen and, with multiple disaster areas in the country, tradesmen often migrate to those areas for premium wages.

3. Material costs

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When building a new home, have you ever thought about adding a hidden room? Recently at the Parade of Homes in the Minneapolis area, our team toured a home with a hidden room. This room was staged as a children's play area. Buyers have a variety of reasons to select this unique option for their new home.

Besides playrooms, homeowners look for security and safety, and for some, a "cool" factor. However, they come with a cost. The cheapest option might be a bookcase doubling as a door. You should budget about $900 for this, with installation extra. Other choices include swinging fireplaces that rotate to reveal a hidden room, fake stone walls, and pool cue racks. These options could be $3,000 - $12,000.

Whatever you choose, be sure you work with a

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