Tariffs: This Ain’t Our First Rodeo
Over 25 years in home renovation have taught us one crucial lesson at Myers Constructs, Inc.: uncertainty is inevitable, but it should never stop you from pursuing your vision for a better home. From market recessions and supply chain disruptions to natural disasters and global pandemics, we’ve not only weathered it all—we’ve thrived.
Now, with new tariffs and shifting economic policies creating uncertainty, many homeowners face a burning question: “Is this the right time to renovate?” Our short answer? Yes. And we’re here to explain why moving forward with your home remodeling project today might be one of the smartest decisions you make.
Tariffs and Renovation Costs
One common misconception about remodeling is that costs decrease over time. Unfortunately, the opposite is true. Between rising labor demand, inflation, and overall material costs, home renovation is unlikely to get cheaper in the future.
*At the time of this writing, we haven’t seen any huge increases in general materials pricing. Meanwhile home values are increasing. So investing in your home is a great option.
At Myers Constructs, we leverage our long-standing relationships with trusted vendors and contractors to help us secure the best pricing for high-quality materials. These partnerships help us mitigate costs where possible and keep your project within budget, even in times of uncertainty.
Strategic Planning is Key
Large renovation projects come with many moving parts, from permits and timelines to material selection. While the idea of tackling a big project during a volatile market may seem daunting, proper planning can make all the difference.
Our experienced team collaborates closely with you to assess your goals and create a detailed plan that aligns with your budget, timeline, and style preferences. For larger projects, we often suggest breaking the process into manageable phases. Some phases can be launched quickly, while others may require careful planning and approvals. This phased approach allows us to adapt to fluctuating costs and ensure a steady pace toward your dream home.
Why Start Planning Now?
Summer is here, and while you’re enjoying the warm, sunny days, it’s also the perfect time to start planning for your end-of-year projects. Whether you’re envisioning a refreshed living space to host holiday gatherings or addressing long-overlooked maintenance needs, now is the time to get started.
The planning phase is a crucial element of any successful renovation project. It not only allows us to map out timelines and budgets but also provides time to accommodate potential supply chain delays or unexpected economic shifts caused by factors like tariffs.
At Myers Constructs, our mission is to transform your home into a worry-free sanctuary, where your investment pays off in comfort, functionality, and lasting value.
Frequently Asked Questions About Home Remodeling
How Long Does a Remodeling Project Typically Take?
The timeline for a remodeling project can vary greatly depending on the scope and complexity of the work. At Myers Constructs, we emphasize thorough planning and clear communication to establish realistic timelines and ensure the project progresses smoothly, minimizing disruption to your daily life.
Is it better to wait until tariffs are lifted to start my renovation?
Starting the planning process today allows us to manage costs more effectively and take advantage of any available opportunities to save. Don’t put off a project that could help you enjoy your home to the fullest.
To date tariffs have been mostly just “chaff and flack”. The Myers Constuct’s team will be the calm voice in the storm and we will guide you through rough seas.
At Myers Constructs, Inc., we specialize in custom residential renovations in the greater Philadelphia area. With a focus on craftsmanship and collaboration, we’re here to guide you through every step of your home remodeling project. Contact us today to start planning the home you’ll love coming back to.
Image credit: micadew
