3D Homes: Will Your Next Property Be Printed?

Posted on Jul 30 2018 - 12:00pm by Liz Dominguez
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Move over tiny homes, you've got some competition. What's the latest trend rounding the innovation corner of the housing industry? 3D printed homes.

According to REALTOR® Magazine, the first livable 3D printed home—a four-bedroom, 1,022-square-foot property—was recently constructed in France for about $230,000, reportedly 20 percent more affordable than a similar home constructed with traditional procedures and materials.

3d homes

Source: BBC

Additionally, the Eindhoven University of Technology in the Netherlands has a five-year plan to build a community of 3D printed homes that will be available for rent, reports HuffPost. These will range from single-story bungalows to multi-level homes in the Meerhoven region of Eindhoven. The first home is set to be completed in mid-2019.

3d homes

Source: HuffPost

While various countries overseas are already taking advantage of the relatively affordable technology, 3D printed homes are well on their way to the U.S., and could have a significant impact on the nation's real estate industry.

In the U.S., construction company Sunconomy partnered with Russian 3D printer company Apis Cor. in 2016 to build homes in just a day, according to 3Dprint.com. Additionally, an Austin-based startup called ICON also builds homes (with a maximum of 800 square feet) in 24 hours, with only a $4,000 price tag for the home's structure, according to Wired. The Census Bureau reports that a home in the U.S. takes, on average, six-and-a-half months to build.

3d homes

Source: ICON

Other benefits? As 3D printers become more popular, the cost of using these machines will drop lower. According to Statista, the projected size of the global market for 3D printing, materials and any associated services in 2025 is $49.1 billion, compared to just $5.9 billion in 2015. 3D homes could also offer a more affordable price tag, as labor and materials required for traditional properties can be costly.

Lower construction costs and a much shorter time frame? 3D printed homes could be the solution the real estate market has been seeking. These 3D homes could prove beneficial in areas facing a housing crisis, filling the increasing demand for new-construction homes in entry-level price points. ICON is looking to partner with FEMA and Fannie Mae to print homes for disadvantaged families and to alleviate the housing crisis. Sunconomy is also looking to help those who face housing challenges.

Would you live in a 3D printed home?

1 Comment so far. Feel free to join this conversation.

  1. barbaragarmon August 3, 2018 at 2:45 am - Reply

    3 D printing technology is becoming much popular and it is being adopted by more countries. In the recent era everyone want their work done as fast as possible. They don’t have any time to wait. Here 3D technology will be much helpful for those people. They can have their home built within a day. I think more nations should adopt this technology. Anyways the information was very helpful.

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