If you remodeled your kitchen in 2016, built a home addition in 2018, or received a construction estimate before the pandemic, today’s pricing can feel shocking. Many homeowners in Albuquerque and throughout New Mexico are experiencing “sticker shock” when planning large remodel projects in 2026. Projects that once cost $75,000 may now cost $125,000 or more. Major additions and whole-home remodels that were once achievable under $200,000 can now approach double those numbers

When homeowners begin a remodel or new construction project, one of the most misunderstood parts of the budgeting process is something called a material allowance. Whether you are remodeling a kitchen, updating a bathroom, building a casita (ADU), or constructing a custom home in Albuquerque, allowances play a major role in how your final project cost is determined. If you have ever wondered why two bids that look similar end up costing very different amounts once constructio

If you’ve considered remodeling your home, building an addition, or constructing a casita in Albuquerque recently, you’ve probably noticed one thing: construction costs are significantly higher than they were just a few years ago. Homeowners often ask why projects that may have cost $150,000 in 2018 can now cost substantially more today. The short answer is that nearly every part of the construction industry has become more expensive — from labor and materials to insurance, t

Building a custom home in New Mexico can be one of the most rewarding investments a homeowner makes, but it’s also important to understand that construction costs involve much more than simply multiplying square footage by a price per foot. Many homeowners begin researching new construction expecting a simple answer, but the reality is that the final cost depends on: Location Land acquisition Utilities Design complexity Structural systems Finishes Site conditions Financing co