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Lumber Prices Set to hit Record Highs!

Posted by REEF Cape Cod's Home Builder on Thu, Mar 08, 2018

This spring, we expect to see lumber prices hit record highs due to a number of factors in the industry. Over the last year the US government has imposed a 20% tariff on Canadian lumber in an effort to protect US Lumber manufacturers. In addition to tariffs, lumber supplies have been limited due to bad weather and wild fires in western Canada. The supply shortages got so bad last month that some lumber yards in the western US completely ran out of materials! Current commodity projections now show lumber moving to unprecedented record highs.

2015-10-21 16.32.07

So what does this all mean? Over the last 14 Months, lumber commodity prices have increased over 50% and we could see an additional increases as overall demand for construction materials is expected to skyrocket this spring and summer! Consumers can expect to pay anywhere from $3,000 to $10,000 in additional costs on a new small to mid-sized home project.


If you are considering a new Custom Home project, or major renovation project here on Cape Cod, plan on increasing your overall budget by at least 2-3%. There are also several design considerations you may want to take into account to reduce waste and maximize the value of the structural lumber used in your project.

At REEF we provide complete design, permitting and construction management services for all of your project needs here on Cape Cod. Contact us today to see how we can help!


For more information about lumber prices - check out this article by the Wall Street Journal!

Tags: cost per square foot, new home cape cod, Cape Cod custom home, lumber, construction, custom waterfront homes

REEF Awarded for Excellence in New Home Construction for 2016

Posted by REEF Custom Homes on Tue, Jan 10, 2017

REEF is proud to be selected as one of the winners of the 2016 BRICC Awards Established in 2012, the BRICC Awards are presented biennially to outstanding builders, remodelers, architects, designers, and other housing-related professionals. Featuring over 40 categories, the BRICC Awards encompasses all facets of the residential building and remodeling industries, including sales, marketing, design, and landscaping.. From overall design to sustainability, the awards program offers categories for individuals and businesses of all size

REEF Was selected as one of the silver award winners for Excellence in New Home Construction for our Northside Bayview project. We would like to thank our hard working team of designers, project managers, subcontractors and staff for a job well done! We would also like to send a special thank you to our customers who put their faith trust in our team to turn their vision into reality.

If you are considering designing and building a custom home on Cape Cod, please consider REEF for your next project!


Tags: Home Design, awards, construction

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