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Old 01-02-2016, 12:10 AM   #1
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Default New development vs. repaints

What are the benefits to sticking with new construction?
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Old 01-02-2016, 12:17 AM   #2
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What are the benefits to sticking with new construction?
1) No furniture to move.

2) ????
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Old 01-02-2016, 12:54 AM   #3
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I guess the work is a little more stable as well, depending on the market in your area, alot less estimates to do in the evening as well.
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Old 01-02-2016, 01:04 AM   #4
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1) No furniture to move.

2) ????
I can't improve on that. Lol.
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Old 01-02-2016, 01:24 AM   #5
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Well with new developments it's typically the cheaper guy gets it. More screwing around with other trades in the way banging up your stuff. Also more headaches when it comes to draws/GCs. With repaints you sometimes have to run around like turkey, and like most aspects of painting you have your feast and famine
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Old 01-02-2016, 01:38 AM   #6
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I think the amount of benefits, (or lack thereof), for NC will depend mostly on the GC you're working with. Sadly, craftsmanship has taken a back seat to profit margins, so the amount of good GC's is about as statistically rare as getting a hole-in-one. They ARE out there, but you might take an awful lot of mulligans before you see one.
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Old 01-02-2016, 01:40 AM   #7
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Well with new developments it's typically the cheaper guy gets it. More screwing around with other trades in the way banging up your stuff. Also more headaches when it comes to draws/GCs. With repaints you sometimes have to run around like turkey, and like most aspects of painting you have your feast and famine
3). Less of those pesky income taxes to pay.
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Old 01-02-2016, 10:49 AM   #8
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You can use much more salty language doing NC--rarely a pesky homeowner on site.




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Old 01-02-2016, 12:11 PM   #9
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You can use much more salty language doing NC--rarely a pesky homeowner on site.




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Ha! you motha right.. I sound like Samuel L Jackson on NC sites.
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Old 01-02-2016, 12:24 PM   #10
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Quote:
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I guess the work is a little more stable as well, depending on the market in your area, alot less estimates to do in the evening as well.
NC more stable??? Here's a chart showing US housing starts since I started working in construction.

New development vs. repaints-image.jpg


There's an old saying, "when the economy catches a cold, the building industry gets pneumonia." NC jobs are a classic case of feast or famine
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Old 01-02-2016, 04:01 PM   #11
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Agreed with most here, it's feast and famine.

But some benefits, you can work faster and once you land a job you typically land multiple jobs with 1 bid. So instead of trying to find 5 or 10 repaints...you find one contractor that builds 10 houses and win him/her over.

Of course prices are important and they do like to go with the low guys...but...get burned once or twice and they learn cheapest isn't always best.

#1 problem I think is man power. Might have to do 3 houses all at the same time...now what?

16 doors x 3 houses= 48 doors & jambs.
~3,000 sqft x 3 houses = 9,000 sqft.
Etc.

But...everyone knows the power and necessity of volume. No volume no money.
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Old 01-02-2016, 05:00 PM   #12
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New development vs. repaints-imageuploadedbytapatalk1451768391.015206.jpg


Here is more current data. So much for the idea of a recovery.



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Old 01-02-2016, 05:35 PM   #13
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Attachment 68370


Here is more current data. So much for the idea of a recovery.



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At least the first derivative (dy/dt) is positive from 2009 on.
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Old 01-02-2016, 07:17 PM   #14
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At least the first derivative (dy/dt) is positive from 2009 on.

I think it looks like we could be at an inflection point on the graph trend, however.


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