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:

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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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