All Things Real Estate: Could 3D Printing of Houses Become Mainstream? – Business
Due to the Covid-19 pandemic and increased demand for housing, rising costs for wood and other components, and soaring prices over the past year, the time has come as some Innovative builders in the United States and other countries slowly began to rely on 3D printing technology to produce a very defined and solid house with concrete.
The cost of creating this type of construction is much less expensive and only requires one person on site to watch the process unfold and monitor the device as it builds a foundation and walls.
The time it takes is considerably less and saves the builder a tremendous amount of time and labor costs. The downside is that it reduces the number of jobs needed to build the house, but the upside is that more houses can be produced at a lower cost. On average, it will take 4 to 6 months to build an average size house of 1200 to 1800 sq. Ft.
However, with a commercial 3D printer doing the job, it can take as little as a day to build the structure and then when you have contractors finish the doors, roof, windows, etc. it can take as little as a few weeks to complete and complete the process.
This is a much more efficient and environmentally friendly way to produce a home with a lot less concrete and materials used, creating less waste. The precision and detail of the ability to produce very complex designs and varied shapes and sizes far beyond what a human could do, allows the builder to be much more creative.
This contributes to greater savings as well as heat savings and the creation of environments that allow people with disabilities to live more comfortably. In 3D Source which explains 3D printing of houses and I quote, “In addition, the University of Tartu, Estonia, together with the Estonian University of Life Sciences, have collaborated to create a printed house concrete material. low-cost 3D model made mostly of peat that could Reduce the cost of building materials for a house up to 10 times!
Plus, because peat is so common, it could be mined locally – like in underprivileged third world countries – and used to build houses, so materials don’t have to be shipped there. This becomes extremely beneficial in countries where necessary shelter and housing are desperately needed at a cost that could never be produced otherwise.
In the United States, this is a better way to speed up construction of much needed homes at costs that make them affordable for those who can and will no longer be able to buy due to escalating prices.
These houses could be built in areas where land is plentiful (in upstate New York and other areas) and PILOTS (payments in lieu of taxes) have been provided for other developments today. ‘hui, as well as tax breaks that NYC has given to many builders.
The brain drain has continued for years due to the high cost of living and the insane cost of housing and has been exacerbated by the COVID-19 pandemic. Now is the time to allow affordable 3D printing of houses to keep more families and individuals in place and not leave them in other less expensive states.
Dubai has set a target for 25% of its buildings to be constructed with 3D prints by 2030. There is a Russian company, Apis Cor, using 3D printing technology that has built an administrative building in Dubai.
Even with the scorching heat felt in this area, the 3D printer passed and passed all the speed and durability tests.
In July 2018 in Nantes, France, a family moved into their new 4BR home, the very first 3D printed home for 170,000 francs = $ 182,292.57 in 2021 dollars.
The cost at the time was 20% less than that of a wooden house.
This is a “no brainer” for NYS and the country as a whole to produce more affordable housing for those who need a place to live and at the same time allow them to potentially move out of their rental and acquire participation in home ownership to start building equity, future nest egg and long-term wealth, and rooting in their community, something the vast majority have never experienced. 3D printed homes have the potential to help solve the housing crisis, whether for single-family, multi-family, or government-sponsored projects at a much lower cost than conventional methods.
At the same time, the current insanely high and ridiculously high cost of wood would be reduced by the decrease in demand and use due to the use of 3D printing of cement, which would also reduce these costs.
Municipalities locally and across the United States should start rethinking and updating their local building codes (unless they already do) to incorporate this new technology to create smarter, more economical construction. and more efficient.
Lower costs of future housing will maximize and increase the insufficient availability of affordable housing and allow more families and individuals to move out of their rentals that have provided their owners with all the benefits, and turn the tide by reversing the wealth gap so that more people can seek out homeownership to build their own personal future wealth and security.
I hope the Cuomo government and Washington are listening and putting this on a fast track agenda to make it a general consideration project.
Philip A. Raices is the owner / broker of Turn Key Real Estate at 3 Grace Ave Suite 180 in Great Neck. He has 39 years of experience in the real estate industry and has graduated from the Realtor Institute (GRI) and Certified International Property Specialist (CIPS). For a “FREE” 15 minute consultation, an analysis of your home’s value, or to answer your questions or concerns, he can be contacted by cell: (516) 647-4289 or by email: [email protected]