Recent increases in tariffs mean that goods from Canada and Mexico face a hefty 25% tariff. This is particularly concerning for builders, as lumber—which accounts for a third of the material used in U.S. home construction—will see costs rise dramatically. Estimates suggest that builders could see an increase of $7,500 to $10,000 per home, with lumber alone expected to cost an additional $4,900.
The ripple effects of these tariffs are already being felt. Lumber prices have surged, and experts are predictably concerned about a potential decline in Canadian lumber shipments to the U.S. With rising prices, dealers are urged to purchase more lumber ahead of the upcoming building season, further driving costs up.
Thermocore SIPs not only offer a superior option, in terms of efficiency and sustainability, but also a better way to build, especially with major increases in the lumber market ahead. Thermocore SIPs use 40-60% less lumber than stick-built buildings. This means both an increase in sustainabilty and an increase of savings in your pocket as lumber prices continue to skyrocket.
Submit your dimensioned building plans today to for a no-obligation quote and to get your next project started.
Related Topics: SIPs Features, SIPs vs. Stick Built Framing