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A home built with insulating concrete forms is more affordable than you may think!
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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.
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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.
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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.)
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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!
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