I am so close to retirement I can taste it. What is keeping me from retiring is my shop tools, yes tools. I have spent almost a life time collecting just about all old American made wwing machines so I am not going to leave them behind. Problem is the high cost of building materials, which I have purchase some of the framing and have them in storage in my present garage. Example of big ticket items is wall sheathing, if I go with Zip I need 90 sheets at 25.00 each. Zip 5/8 decking is 42.00 sheet which I need about 90 sheets. My retirement place is small living space with attach garage, nothing fancy just right for 2 people. Now the shocker is roof trusses, I need 35 trusses 5/12 pitch for 32' span plus 3' overhang on both sides. Which came in little over 300.00 each. With taxes plus delivery that came to a total of over 11,000.00 dollars. I had no idea that from walls up would cost so much, not counting roof metal of shingles. So basically this is what kinda has me on hold, we did take out loan to build this but I don't want to use anymore than what I have to. Do I build now at todays prices and then retire when dried in or?
What I was told by someone who is saying that with interest rates are going to go up to kinda slow down the economy. Once it slows down then bldg material prices will start to drop, so he is saying for me to try wait till January or so. I really don't want to wait any longer but, I don't want to pay 11,000.00 for trusses either if I can get them cheaper say in December or January. What is ya'll opinion, will material prices drop by end or beginning of the year?