Volatility in Material Pricing & Supply Chain: How Does it Affect Your Budget?

Project Planning in a Volatile Market

If you’re ready to start a new custom home, home addition, or remodel, you may need to deal with ongoing fallout from the coronavirus‑related economic shutdown. That means working with your builder to mitigate its impact.

How the Shortage Began

The problem started in March and April 2020. Some states halted construction, and buyers in other areas canceled or postponed jobs. The sudden demand drop closed plants throughout the supply chain, from lumber mills to appliance factories.

The Scottsdale–Phoenix Squeeze

As Phoenix climbs to the nation’s fifth‑largest city, demand for housing keeps rising. KTAR News reports the region is about 25,000 single‑family homes short, and it will take years for builders to catch up.

Current Material Challenges

More than a year later, prices, lead times, and product availability remain unpredictable. Lumber costs fell after August 2021, yet cabinets, flooring, appliances, and fixtures still show inflated prices and long waits.

ArDan Construction’s Response

We track every shift in the market and adjust our process to protect clients.

1. Pre‑Construction Agreements

These agreements lock in updated material costs so you know the price upfront and avoid mid‑project surprises.

2. Lock It In Early

Once contracts and plans are final, we order materials at once. Early orders secure better pricing and ensure products arrive before crews need them.

3. Plan Now, Work Smoothly Later

Extensive planning has never mattered more. By mapping each step before groundbreak, we avoid delays and keep projects on time and on budget.

The Road Ahead

Material prices still change daily, and supply chains struggle. This pattern will likely continue into 2022. Partnering with a seasoned professional who understands the industry keeps your project moving forward despite these challenges.

Your Home Remodeling Contractor

If you’re ready to transform your home, the ArDan Construction team is here to help. Contact us today to discuss your project.