The world is finally taking notice that modular construction is leading the industry in housing innovation for sustainability and affordability. Modular construction is especially impactful in addressing housing shortages, creating efficient, high-quality buildings faster than traditional methods. "Structural Modular Innovations used the Picket Fence project as an opportunity to demonstrate modular as an effective and meaningful solution to the housing crisis, and the need for quality construction in the industry." Read the entire article from Forbes... https://lnkd.in/gP8aYihP
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Great article emphasizing the potential of #modular construction, including offerings like Built Prefab, in addressing the #housing affordability crisis. Scaling up modular building could significantly reduce construction costs, making new homes more accessible, especially in high-demand areas. This approach could also enhance housing resilience and sustainability in the face of climate change challenges. Couldn't agree more! #AffordableHousing #SustainableLiving #opportunity #networking #prefabricated #prefab https://lnkd.in/eGwRGfMz
Increasing Affordable Housing Stock Through Modular Building
https://www.americanprogress.org
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Modular Construction is emerging as a key strategy to increase affordable housing stock. By using prefabricated modules, this approach significantly reduces construction time and costs, making it an efficient solution to the housing crisis. As cities grapple with housing shortages, modular building provides a promising path forward, enabling quicker, cost-effective, and eco-friendly developments. Read more about it from the Center for American Progress below! #StudioPi2 #AffordableHousing #ModularConstruction #Sustainability
Increasing Affordable Housing Stock Through Modular Building
https://www.americanprogress.org
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Nationally,?the cost of single-family home construction is up 30% since 2020.?In our region, the avg. price per square foot of new built homes is $185 *even higher in the two counties we serve.?The modular/manufactured home we are building on this site is about $104 per square foot– that’s a cost savings of about 44% if I can do math right.?(excluding lot costs and some final expenses).? It is a traditional stick-build, that is built in a factory, which lowers costs, reduces construction waste and can be completed up to 40% faster than a home built on site.? With green initiatives, like weather wrap, wind infiltration is decreased;?engineered roof trusses with steel plates increase sustainability and blown roof insulation saves energy. Even the furnace and windows help decrease energy needs. Modular homes hold their value and are financed through traditional options, just like any other home. This is the first one we've done at St. Croix Valley Habitat for Humanity. Thank you Habitat for Humanity of the Greater La Crosse Region for all of your help!
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??VIDEO | Can off-site construction be part of affordable housing toolkit? Watch Paul Mullane, our Director of Development and Sales and member of Building Better, sharing his valuable perspective in this important roundtable, hosted by Place North West about Modern Methods of Construction (MMC), and the findings that emerged from the discussion... ???? https://lnkd.in/eSfAhuj2
VIDEO | Can off-site construction be part of affordable housing toolkit? - Place North West
placenorthwest.co.uk
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Our latest blog spotlights the affordability of modular affordable housing projects, delving into why and how they save money and presents tangible examples of their success. Read Why Modular Construction for Affordable Housing Projects here: ??https://hubs.ly/Q02FPLc60 #LatestBlog #ModularConstruction #TriumphModular
Why Modular Construction for Affordable Housing Projects
triumphmodular.com
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The National Regional Housing Summit has highlighted modular construction as a viable strategy for overcoming the affordability and supply challenges in Australia's regional housing sector. This innovative approach could pave the way for more accessible and cost-effective housing solutions in these areas. ???? The paper reiterates that there is a growing interest and market in modular and prefabricated homes across regional Australia. ????? With projects across metropolitan and regional WA, we're looking forward to being a part of the solution. ????? Download the discussion paper here: https://lnkd.in/gxdviHjf #21stcenturyhomes?#affordablehomes?#affordablehousing?#airtightconstruction?#airtightness?#builtformdeveloper?#cadcam?#carbonfootprint?#carbonsink?#closedtimberpanel?#construction?#constructionautomation?#constructionindustry?#constructionrobotics?#constructiontechnology?#designedformanufactureandassembly?#DfMA?#energyeffeciency?#engineeredtimberframe?#engineeredtimber?#homebuilders?#homebuilding?#housingnews?#lowcarbonhomes?#lowthermalbridging?#massivwalls?#mcc?#offsite?#offsiteconstruction?#onedaycraneaway?#passivehousebuilder?#passivhaus?#passivhouse?#perthbuilders?#perthbuilingindustry?#precisionmanufacturing?#realestatedevelopment?#sellablefloorarea?#sustainableconstruction?#timberframing?#townhousedevelopments?#townhouses?#zerocarbonhomes?#zerolotbuilding?#communityhousing?#socialhousing?#affordablehousing?#homelesshousing
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G'day #RealEstateAustralia! With the ongoing housing crunch, finding faster and more affordable solutions has been crucial as of late. That's where modular and prefabricated homes come into the picture, and developers are jumping in to capitalise on our current housing crisis. First off, let’s talk speed. Traditional construction can be painfully slow, often delayed by bad weather, labor shortages, or supply issues. Modular construction, on the other hand, significantly reduces build times. Since modules are built off-site, multiple processes can happen simultaneously, slashing the overall timeline. For agents and developers, this means quicker turnover rates and the ability to meet the housing demand much faster. Then there are the cost savings. Building in a factory setting minimizes waste and optimizes the use of materials. Plus, labor costs are lower because the controlled environment reduces downtime and boosts productivity. For developers, this translates to lower construction costs and potentially higher profit margins. For buyers, it means more affordable housing options (which we desperately need right now). Quality control is another huge benefit. Factory settings allow for consistent quality checks, ensuring each module meets high standards before it leaves the factory. This can lead to fewer defects and higher-quality homes, making them more appealing to buyers looking for reliability and durability. From an environmental standpoint, modular homes are a greener choice. The controlled construction process reduces waste, and many modular builders use sustainable materials and energy-efficient designs. This not only benefits the planet but also attracts eco-conscious buyers and investors. So, whether you're selling, buying, or building, modular construction offers a solid solution to some of the biggest challenges in our housing market today. Here's to hoping this clever approach keeps up and stays there! #ModularConstruction #HousingSolutions #RealEstateInnovation #AussieHomes #SustainableBuilding #AffordableHousing #ArcaniteInsights
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For the last several decades, the U.S. housing supply has not kept pace with demand, leaving America short millions of homes today in a gap that continues to widen. To help address that problem, Green Canopy NODE, a sustainable construction technology company, developed a Mass Timber Model Home Assembly Kit that provides developers a path to deliver housing twice as fast with greater predictability. Find this article and many more inspiring stories in Real Leaders magazine and enewsletter. Subscribe at https://lnkd.in/eM6QmgJK.
Reimagining Sustainable Building Practices
https://real-leaders.com
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A $2.2 million renovation has put a 1960 Melbourne apartment block on track to become the country’s first energy-positive residential retrofit and cutting mains water consumption by more than one-third. The Fitzroy renovation by impact investor Tripple, headed by cost $3500 a square metre and cut embodied carbon by 80 per cent compared with a knockdown rebuild At a time when soaring costs make new projects – particularly multi-residential builds – unviable, the Wilam Ngarrang building retrofit shows quicker and cheaper renovations can improve the quality of housing and cut the emissions of the two-thirds of existing buildings that will still be here by 2050. Melbourne had 70,000-odd “walk-up” medium-density public housing blocks, but the idea would also work for privately owned strata buildings of the same scale, said Ross Harding, the chief executive of Finding Infinity, the environmental consultancy working on the project. “These buildings are reaching their end of their life,” Mr Harding told The Australian Financial Review. “The cost to build new was, at a minimum – when we were doing it – $5000 per square metre. Now it’s upwards of that. We can retrofit these existing buildings, reduce embodied carbon by 80 per cent-plus and also not just fix them up, make them look prettier, but take them from the worst possible building you can find to something that is almost as good as you can get it.” The $2.2 million retrofit meant a cost of about $150,000 per studio apartment. “It was led with numbers and feasibility,” he said. “And the architects came into help us solve the problem.” The work included repairing cancerous concrete, injecting insulation into the 50-millimetre-cavity between double brick walls, upgrading windows, making the building airtight and installing a 33kW rooftop solar system. The hot water system was upgraded to include a heat pump and a new variable refrigerant flow heat recovery system connected to each apartment for efficient heating and cooling. Rainwater collected off the roof was channelled into tanks and used for the new communal laundry and gardens. The retrofit of the 1960 building saved 80 per cent of the embodied carbon of knocking down and rebuilding a new structure on the site. Ok Mr Milgrom-Marabel said lessons from the project could be used more widely to preserve other walk-up buildings and avoid the common knockdown-and-rebuild alternative. “The environmental cost of this would be devastating, but we would also lose the character of suburbs and the city,” “This model shows an alternative that can save costs, improve outcomes for the people living there and the environment, and keep our city intact.” Mr Harding said Melbourne alone had 1 million detached houses, multi-residential homes and commercial buildings that collectively wasted $4.5 billion a year due to inefficient use of energy. Retrofits could cut the city’s emissions by more than 40 per cent. Credit - Michael Bleby AFR
How a $2m retrofit stacks up for investors
afr.com
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Building a home is more than just bricks and mortar; it's a reflection of our values, aspirations, and commitment to creating a sustainable future. In Victoria, the home building industry is at a pivotal juncture, navigating the delicate balance between innovation, affordability, and environmental responsibility. Victoria stands at a crossroads in its approach to home construction. A strategic delay in enforcing stricter building regulations has sparked a wide range of reactions and discussions, highlighting the complexity of evolving housing standards. This pause reflects a deeper conversation about economic pressures, environmental sustainability, and the quest for inclusive housing solutions. Click below to read more... https://lnkd.in/gPHBvxDe
Building a Sustainable Vision
https://bi.edu.au
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