The answer is simple...cost and timing. Now may not seem like a good time to build, but current economic conditions present unique opportunities.
Consider the law of supply and demand. If there's a dip in the economy, demand weakens and costs remain low, making now the best time to get the very most out of investing hard-earned dollars into improving your building facilities. In general, construction costs have remained stable for the past few years. While some material costs are beginning to rise, like steel and petroleum based products, most prices remain low. Additionally, construction contractors have the capacity to take on more work and are very competitive, which also works to your advantage.
Just as importantly, interest rates are at an all-time low. However, it's important to remember that as inflation increases, interest rates will go up, which means now is the time to take action.
Experience shows that the cost of building repairs can rise exponentially if not handled in a timely fashion. With every penny counting these days, taking advantage of lower construction costs, plus low interest rates, you can save thousands of dollars on building repairs and new construction projects. And during the warm months ahead, there are less construction delays in outdoor projects than in the winter when dealing with snow and ice.
The Miller-Davis Building Services Team focuses on pinpointing solutions that will provide the greatest benefits to maintaining the longevity of your building and at the same time, show you how you can get the best return on your investment. With 100+ years in business, we've developed strong relationships with our suppliers and subcontractors to give you the best quality at the lowest price.
Sample projects include but are not limited to:
Miller-Davis Company has helped clients meet their construction needs for over 100 years. We self-perform selective demolition, rough and finished carpentry, structural steel fabrication and erection, concrete, masonry, drywall and ceilings. We understand that proper planning and adaptability are crucial to meeting tight schedules and firm deadlines, whether during a shutdown or the normal course of operations. Having our team manage all construction activities allows our clients to stay focused on their primary concern, which is running their business.