Rising Costs: How Tariffs Are Driving Up Renovation Prices

Trade Talk Opinions
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Rising Costs: How Tariffs Are Driving Up Renovation Prices

If you’re planning a renovation in 2025, be prepared to pay more. Tariffs on essential materials like lumber, steel, and copper are pushing renovation prices up by about 6% compared to last year.

For homeowners, that means higher quotes from contractors, especially on projects requiring structural work, roofing, or plumbing. Even smaller upgrades like kitchen remodels are feeling the pinch due to the increased cost of cabinetry, fixtures, and hardware.

Contractors are also dealing with financing challenges as interest rates remain high, making it harder for homeowners to fund big projects. Many are advising clients to prioritize energy-efficient upgrades and essential repairs first, while postponing non-urgent aesthetic changes.

:backhand_index_pointing_right: Bottom line: If you’re renovating now, expect to budget more, negotiate carefully, and look for cost-saving alternatives like recycled or locally sourced materials.

1 Like
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Im really intrigued with this write up mate

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I understand boss

Thank you brother

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Thanks for reading it

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Glad you like it ,thanks

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Thanks for making this clear

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Thanks for updating us in the article

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Rising cost is gonna hinder renovation in a lot of wayy

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Sure it is ,thanks for sharing your opinion

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Glad you like it ,thanks

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this topic is officially labelled as an opinion. Tariffs have less than a 5% attribution to the current inflation rates

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Thank you very much for the addition Boss

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Short and simple man