Price increase, postpone your work?
The current inflationary environment could well be the beginning of a new reality, especially for the renovation market. Waiting for prices to drop may not be the best option, as they may never return to their previous levels. That’s why we believe renovating now is your best financial decision.
Why renovating now is more advantageous
Pandemic-induced inflation is now being amplified by the conflict in Ukraine, and it’s here to stay. To counter it, we’re seeing interest rate increases that will last at least two years.
In Quebec, there’s a shortage of about 60,000 homes for the market to balance. The government will likely facilitate the construction of these units. This will create increased demand for labor and materials, which will exacerbate the overheating of prices in the renovation sector.
We’re also facing a labor shortage that’s not about to resolve. Labor costs will therefore continue to rise. As for materials, at best, their prices will stabilize, but it’s a safe bet that strong demand will push them even higher.
In light of these facts, today’s prices are certainly more affordable than they will be in the future. We are here to support you in this context, and show you how we can help you.
An integrated approach for better control
Our integrated design-build approach puts us in the best position to provide you with accurate information on your project’s costs and timelines. While independent designers have lost their budgetary benchmarks, we maintain direct contact with the various stakeholders while supporting you throughout the design and planning stages.
Secure and Local Purchasing
Our business volume allows us to negotiate the best prices with our suppliers and subcontractors. This allows us to secure our purchases, which guarantees you better budget control. Our warehousing capacity allows us to store raw materials to obtain them at the best price. Finally, we prioritize local purchasing to reduce logistical issues and delivery delays, which helps us meet your project’s deadlines.
Why renovate now rather than postpone your project?
High home values allow for a positive return on a renovation investment. Right now, investing in a home renovation is the best financial decision.
Perfect timing for renovations
Interest rates are still low. We’re telling you, this is a golden opportunity, as the surge in demand has yet to materialize to its full potential.
All these signs show that it’s worth investing in renovations now. It’s the right decision to make before costs increase.
Lessons learned from this adventure
By controlling the entire project, we can intervene more quickly, at every stage. This ensures our clients’ budgets are secure before work even begins.
Local and Sustainable Procurement
Shortages have forced us to rethink our supply chains by favoring local purchasing. This has allowed us to minimize delivery times related to transportation and logistics. We’re thus supporting our local economy while reducing our environmental footprint.
Heightened Awareness
Rising prices have raised awareness among all stakeholders. We now recover, recycle, and maintain our tools better to avoid having to purchase new equipment. We’re proud to have a dedicated space in our offices for these best practices.
Tell us about your project
Every project is a story. A meeting between your vision and our expertise. In Montreal and the surrounding area, we bring to life renovations that combine aesthetics, functionality, and durability.