Homewyse Improvements and Enhancements - July 2020

Site Updates

The Homewyse site cost factors have been updated to reflect increasing retail prices.

Labor Rate and Material Cost Updates

The cost estimating calculators at homewyse.com now reflect the following changes:

  • Labor Rate Increases Updates include higher wages. Annualized increases range from 1.6% to 2.9%, reflecting significant overhead expenses and growing demand.
  • Material Increases Updates include higher material unit prices for most home remodeling and construction materials, ranging from 3% to 40+%. Lumber and sheet goods lead the increasing prices.