The Rising Cost of Lumber as Shown in One Photo

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Supply and demand isn’t the only reason that Tri-Cities home prices — and home prices all across the country — are on the rise.

The cost of lumber is a huge factor, too. The National Association of Homebuilders recently reported that lumber prices have tripled in the past year, and now account for an extra $36,000 on the price tag of an average single-famly home.

That may be hard to visualize for those of us who don’t work in the construction industry. So have a look at this photo from David Belman, a home builder in Milwaukee; it shows what $1,000 could buy you last fall compared to what it gets you today.

That really puts it in perspective, doesn’t it?

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About The Author
Cari McGee

My husband and I came to the Tri-Cities in 1994, and we thought it would be a temporary stop on our way to larger cities. He was a television sports anchor at the time, and we planned to go wherever the "next step up" took us. Twenty-plus years later, we're still here and we've loved every minute of it! We have two children now, and we've found the Tri-Cities area is a wonderful place to raise a family. It's a great place to do outdoorsy things -- I like to hike Badger Mountain or run along the river path. I also love reading ... by a cozy fire in the winter or a beautiful picture window in the summer (with the A/C on!). I've been a licensed Realtor since 2004. I earned my managing broker's license in 2016, which means I can run my own brokerage, or create a team of real estate agents and supervise them, which is exactly what I did when I formed the Cari McGee Real Estate Team in 2018! We have administrative and marketing personnel, as well as additional agents to serve you. I became a director of the Tri-Cities Association of Realtors Board of Directors in 2016, became Secretary/Treasurer of the organization, and was elected to Vice President in 2019. Want to talk about real estate? Click here to schedule a meeting with me!

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