News 12 Staff

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Oct 15, 2026, 7:38 AM

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Updated

More Stories

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Taxing Long Island: Vacation travel out of reach for 39% of American families

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Taxing Long Island: Could your property tax cap change?

02:19

Taxing Long Island: Town leaders call for change to state's property tax cap formula

01:53

Taxing Long Island: What to look for on your trees now, ahead of the next storm

01:44

Taxing Long Island: How storms can take a toll on your car and wallet

01:55

Taxing Long Island: Why home heating could cost you more this winter

Long Island homeowners considering a renovation or new home construction are facing significantly higher costs as prices for building materials continue to climb.

Contractors say delaying a project could increase overall costs by 10% to 15% next year, adding tens of thousands of dollars to some home improvement projects.

Longtime Nassau contractor Skip Murphy says that building from the ground up will save homeowners money in the long run.