We have been hearing about the costs of building materials, labor, and the delays in the supply chain raising the prices and causing delays. Now, new energy codes have been adopted in Massachusetts, and they plan to get even more strict in 2024. What are the restrictions? How does it affect your plans to build new or buy and renovate? We recently had Reef Builders present the changes to a group of realtors at Gibson Sotheby's. They are following the regulations and adapting to changes because the effects impact their business. The key takeaway I took was to ask the expert when prior to buying and renovating. They can estimate the codes that will need to be met, the town regulations, the timetable, and the cost of the project. This information is extremely helpful when looking at real estate.
Below is the Reef Builders guide on construction costs. Contact me if you have any questions EMAIL DAVE