Hurricane season is less than 30 days away and inflation is at an all-time high. High prices and delayed deliveries will likely impact how you prepare for a storm.
If you’re considering making upgrades to your home, buying hurricane-proof windows or a new roof, experts say now is the time.
“As an industry, I would say we’re still on the longest end of the lead time,” said Tat Granata.
Granata, a South Florida home improvement expert, says the delivery time for hurricane-resistant windows can take four to six months.
Overall, building materials are down from January prices, but the latest PPI report shows costs are up 23% from a year ago. It is the same case for plywood.
“I remember last year you could pay around $20 for a sheet, now it’s $45 something like that,” Humberto Martinez said.
Martinez regrets giving away his plywood supply last year. He plans to bite the bullet soon and stock up.
“I’m going to buy ahead because when the storm comes, there’s nothing left,” he said.
It looks like the portable generator stock is back from last year’s shortage.
“I have a generator and I turn it on about every month just to make sure everything is okay,” Victor Conlin said.
But this year, Conlin knows that with gas prices up 48% from the same time last year, powering the generator will cost more.
“It’s either about spending the extra money or doing nothing,” he said.
However prepared you are, Granata says to check your list of contractors now.
“After a hurricane, you start seeing contractors come into town and chase the storm and they don’t really know the permitting process and the inspection process in Florida,” he said. “Owners are making sure more than ever that you’re choosing a reliable contractor and someone you really trust.”