How tariffs are reshaping the cost of remodeling this summer
How tariffs are reshaping the cost of remodeling this summer

With new tariffs raising the cost of key building supplies like lumber, steel, and appliances, contractors say homeowners could see project costs skyrocket. Nancy Chen speaks with builder David Perotti on how to save money and navigate the price hikes.
Read the full article on CBS US
Truth Analysis
Analysis Summary:
The article is mostly accurate, reflecting the general consensus that tariffs on building materials are increasing remodeling costs. The primary claims regarding increased costs of lumber, steel, and appliances due to tariffs are supported by the provided sources. However, the article presents a slightly negative slant by focusing on the potential for "skyrocketing" costs, which may be an exaggeration.
Detailed Analysis:
- Claim:** Tariffs are raising the cost of key building supplies like lumber, steel, and appliances.
- Verification Source #2: Supports the claim that steel tariffs increase costs.
- Verification Source #3: Supports the claim that tariffs reshape material costs.
- Verification Source #4: Supports the claim that steel and aluminum tariffs are reshaping cost structures.
- Verification Source #5: Supports the claim that steel tariffs increase procurement costs.
- Lumber and appliances are not explicitly mentioned in the provided sources, but the general impact of tariffs on building material costs is well-supported.*
- Claim:** Contractors say homeowners could see project costs skyrocket.
- Verification Source #5: Mentions "ripple effects on budgeting," suggesting increased costs, but doesn't use the term "skyrocket."
- The provided sources support the idea of increased costs, but the term "skyrocket" is a stronger claim that is not directly verified. This could be considered a slight exaggeration.*
- Claim:** The article features builder David Perotti on how to save money and navigate the price hikes.
- This claim is not verifiable from the provided sources, as they do not mention David Perotti or specific cost-saving strategies.*
Supporting Evidence/Contradictions:
- Agreement:** All sources agree that tariffs on steel and other materials are increasing costs in the construction industry. Verification Source #2, #3, #4, and #5 all support this.
- Lack of Coverage:** The specific mention of lumber and appliances is not directly covered by the provided sources, although the general impact of tariffs on building materials is supported.
- Potential Exaggeration:** The claim that costs could "skyrocket" is a stronger statement than is directly supported by the sources, which generally refer to increased costs and budget challenges.