A home built with insulating concrete forms is more
affordable than you may think!
The old saying goes: "It takes money to make money." It also takes money to
save money. Insulating concrete forms cost a little more on average. - than
traditional stick wall construction, but that additional investment is quickly
recouped by the
tremendous savings in energy, interest, and insurance
cost.
Then consider the reduced maintenance costs and higher resell
value
and you can see why insulating concrete home structures are actually
more affordable than wood construction.
Increased Home Value
Not planning on staying in your home for more than a few years? A recent
study conducted concludes that home value increases by about $20 for
every $1 reduction in annual utility bills. This means you can profit by
investing in energy efficient homes even if your uncertain about how long you
might stay in the home. You'll enjoy positive cash flow for as long as you live
in your home and can also expect to recover your investment when you sell
your home.
Insurance Savings
Because ICFs are included in the masonry construction class, they qualify for
a lower premium than a home in the traditional wood frame class. Also, more
and more insurance providers are recognizing the fire and natural
disaster-resistance of insulating concrete form structures and are offering
special discounts on top of those lower premiums.(check with local agents
for availability in your area.)
Mortgage Qualification
Because of the proven energy savings, certain Mortgage companies offer
"Energy Efficiency" Home Mortgages which take into consideration the
decrease in energy costs. This allows you to qualify for a higher Mortgage
payment.
That means you're taking that same money which would be
going to the utility companies and instead putting into your home!