What we are finding is that the economy has created a buyer's market for goods and services (as well as real estate). We took the time to notify each subcontractor of our project, provide drawings well in advance, and coordinate the timing of each so that one followed the other. Because we did this, we were able to competitively bid much of the work to realize some savings over our last project. The best part is that the work is progressing very quickly, allowing us to save money by finishing the project sooner. In the end, we may find that the time for Design and Approvals may actually equal the construction time. In the pre-bubble days it seemed you were able to get fast approvals and slow construction times, because every subcontractor was so busy that it took forever to tie up all of the loose ends. Now, the tables are turned. Municipal officials are looking at the drawings more closely and doing a better job of making sure that you are building properly (another thing that did not happen in the boom). This is likely to do with the fact that there are also less projects on their desks too. At any rate, all of this is good for those who want to build. Subcontractors are working more diligently to keep your business, often at more competitive rates. We are really excited about our next few projects and I hope you check in our progress.
If you would like to see renderings of this house (known as the Rayburn) please see our website at http://www.poconomodern.com/