Innovative Real Estate Podcast Show Notes

Episode 12 - 3 Surprising Lessons We Learned In 2021

Here's a glimpse at what you'll learn from us in this episode: 
 

  • We reflect on the most important lessons we learned in 2021.

  • The challenge of finding builders, and being patient with timelines. 

  • How the pandemic affected the supply chain. 

  • The importance of setting realistic expectations when wanting to build. 

  • Breck's project highlight of the week: The Suttons Bay Cabin!

For behind the scenes content and project updates follow us @threesquaredinc on Instagram.

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"2021 Taught me that the profession of architecture is just as much about working with people as it is about working with buildings."

- Breck Crandell, Director of Design

Show Notes:

  • 0:17 - Introduction into Episode 12.

  • 2:07 - Breck's Project Highlight of the Week: The Suttons Bay Cabin!

  • 6:18 - 3 surprising lessons we learned in 2021.

  • ​6:56 - Lesson #1: Builders Are Hard To Come By.​

    • 7:30 - The nightmare of the real estate market, and why it matters to build what you want right now. 

    • 9:00 - Trusting the process...good things take time especially in construction. 

    • 9:45 - Challenge of finding builders that are not overcommitted. 

    • 11:11 - Expectations of builders. 

    • 13:27 - When to start talking to a general contractor. 

    • 15:48 - Getting started as early as possible on your project is key because buildings take time.​

  • 19:20 - Lesson #2: Inflation & Material Prices.

    • 19:41 - Seeing the cost of containers normalize. ​

    • 20:37 - How the pandemic affected the supply chain and the impacts we are seeing in building costs. 

    • 21:31 - What determines the cost of labor and materials. 

  • 25:05 - Lesson #3: Setting Realistic Expectations.  

    • 27:42 -  Everything to account for when creating your budget. 

    • 30:03 -  Timeline, budget, scope...deciding which is your top priority for your project.

    • 34:19 - The design process becomes a personal and sometimes emotional experience.

  • 36:20 - Concluding thoughts for Episode 12. 

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