The debate over tariffs has been heating up nationally, but it’s already affecting the cost of home remodeling projects around Boise. Mary Peters, the CEO of Treasure Valley-based Sasquatch Contracting, told us her company implemented a new time limitation for project bids in January in anticipation of tariff uncertainty.
Here’s what else Peters told us about the effect of tariffs and how to avoid going over budget on a home remodel.
The Effects of Unpredictability
Construction projects, by nature, take weeks — and speaking from experience, maybe months — to go from idea to completion. Because of those lead times, consumers might already be seeing higher prices to compensate for tariffs.
The downstream effects are difficult enough for companies to predict, and flip-flopping from the Trump administration is beginning to hit the consumer side. “ People are unsure if their income is going to change, they're unsure if they should spend money,” Peters said.
Where You’ll See Price Hikes
For Boiseans looking to make home renovations right now, Peters estimates that overall costs will go up around 10% — might not sound like a lot, but it all adds up.
Much of the budget creep can also come from a confusion on what “made in the USA” actually means. Things like lumber, paint, and tiles are often manufactured within the country, but the source materials come from abroad, making them eligible for tariffs.
On top of that, rising labor costs can quickly derail a renovation budget.
Keeping Costs Down
Sweat equity can go a long way for smaller projects, so doing things yourself can save a lot of money.
There’s also regenerative building — essentially reusing existing materials instead of buying new ones. There aren’t many things that are made in Boise, so finding used items to revitalize can help keep budgets intact and support the local economy.
Mary Peters has even more tips on how homeowners can save money, including how to find end-of-season sales for home renovation materials.
