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How to Navigate Renovation Costs in the Age of Tariffs
Manage episode 481214248 series 3619058
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Explore strategies for navigating potential price increases and material delays in home renovations, particularly in the context of fluctuating economic conditions like tariffs. It suggests that hoarding materials might seem appealing but isn't the only solution.
Instead, this episode highlights the importance of well-structured contracts, such as "price locks" and "cost-plus" agreements, to secure material costs and provide financial certainty for homeowners. The discussion also emphasizes the value of working with transparent and experienced contractors who can offer insights into cost breakdowns and potentially leverage supplier relationships for better pricing, ultimately protecting homeowners from unexpected expenses and ensuring a smoother project.
Dwell article by Anjulie Rao: How to Navigate Renovation Costs in the Age of Tariffs
Podcast brought to you by: Ryan Shapiro Photography
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