A new report shows that the total cost of union mechanical projects was 4% less than non-union projects due to productivity gains. The Mechanical Contractors Association of America (MCAA) employer ...

It is no secret that the prices of construction materials and equipment have been skyrocketing. The costs of lumber, steel, copper, glass and PVC, for example, have increased dramatically since ...

D.R. Horton is one; it reported that 65% of homes it sold in 2022 cost less than $400,000. Understanding how new-construction deals work differently from existing home sales can help you find the ...

Construction cost overruns can convert a potentially successful project into an unprofitable boondoggle. Controlling cost overruns is key to achieving a successful project.

But rising costs of construction is making experimentation — expensive though it may be — crucial. New York City remains the priciest place to build in the country.Costs have gone up up every ...

In the cost approach, the property's value is equal to the cost of land, plus total costs of construction, less depreciation. It yields the most accurate market value for when a property is new ...

For example, the sales price of a $665,298 house would likely factor in construction costs of approximately $428,215, or 64.4%. Survey respondents broke down construction costs into eight major ...

Lower construction costs and discounted prices have made newly built homes less expensive than existing ones, a historic anomaly. The median price of a new home in Dallas-Fort Worth has fallen 6% ...

D.R. Horton is one; it reported that 65% of homes it sold in 2022 cost less than $400,000. Understanding how new-construction deals work differently from existing home sales can help you find the ...