Numbers may vary, but most home builders in Nebraska say the same thing: if you want a home built, it’s going to be much more today than before the pandemic.
“The lumber part of a house has typically gone up about $40,000. That's the increase in the lumber side.” That’s Roger Brummels. He’s a draftsman at the Century Lumber Center in Norfolk. “Then there's other increases in all the other aspects, also electrical, plumbing, heating. Everything's increased on the cost of a home.”
Brummels helps customers brainstorm home ideas and then maps them out in 3D. The end goal for him: finding a price.
Even with these sky high lumber prices, home builders say there’s still a demand for projects. Historically low interest rates and the value of owning a home is worth the large costs up front for many homebuyers. And the problem then lies in finding a contractor – someone to build the home – because the contractor, for the most part, will take the risk of prices moving even higher.