Tariffs and update from my builder
My builder has checked with his suppliers and they are saying 15%-20% increase in materials if the 25% tariffs become reality.
So possibly an extra $75k extra on a low $600k build.
Obviously each situation is different. We're in the Midwest and this is a custom build, fwiw.
He's advising to wait 1-2 months to see if things settle; he said he tracks prices monthly and can get a good sense usually of trends but right now there's too much volatility for him to feel certain.
I've worked with him in the past and I very much trust him and his judgement, so we'll be sitting tight for now.
Just wanted to share this info because I have been very concerned about what impact this political situation could have on this build we've been planning for a couple of years now.