Replies to post #75978 on Savvy Trades and Investments

[bbotcs]

cliffvb: lumber

Thanks, cliffvb. My reaction to the chart is "yikes"!

[nelson1234]

lumber cost relative to entire house..(from web)

"How much lumber do I need for a 2000 square foot house?
A typical 2,000 square-foot-home uses nearly 16,000 board feet of lumber and 6,000 square feet of structural panels, such as plywood. At $400 per 1,000 board feet, the lumber package for a 2,000-square-foot-home costs nearly $10,000. Check current lumber prices at the Random Lengths web site."

So it would seem that for a 2000 sf home, the current increase in lumber adds maybe $6000 or so to the price of a home. And I would expect the price of lumber to go lower.. .this looks like a bubble. So $6000 is a good chunk, but not some crazy amount.