3D Printed Homes
Definition of "3D Printed Homes"
3D Printed Homes are basically homes that were printed via 3D Printers.
Though semantically the phrase is pretty obvious and straightforward, there’s a lot we need to contextualize to make sense of it.
3D Printing is a form of printing that goes beyond what is regularly understood as “print” and is a technology hailed as the ground zero for a future new industrial revolution. Why? Because “regular” printing comprises of processes that apply something (usually ink) on a base (a paper, a shirt…), while 3D printing is not confined to that relation. A 3D printer prints the base AND the something, as it is able to solidify materials in a three dimensional way, creating an object from the ground up.
The technology was first used in the real estate industry when architects and engineers printed a small scale of the real estate they were to build. As a test of how it would look. Those 3D Printed homes were also used to sell the property before the home buyer would commit: by seeing and analyzing it for a while (or even taking one small 3D Printed home back home) they could get a better feel of what they were going to get.
But then, with the technology growing stronger and stronger, 3D Printed Homes started expanding from the sales department to the actual worksite. Mortar-made 3D Printed homes, albeit really small, perfect for the Tiny Homes movement, started being built/printed. And, ever since 2013, the 3D Printed homes craze has grown stronger and stronger, with mansions and even buildings being printed!
The biggest feature of 3D Printed Homes is the price and time it takes to build one. You can have a 3D Printed Home for under $4,000! And a regular sized 3D Printed home can be completed from the ground up in less than 24 hours!
Design wise, the sky is the limit. Whatever you can design on the computer, a 3D printer can make it happen. Even a Fibonacci sequence, engineers say!
Real Estate Tips:
Have a 3D view of the real estate market! Use The OFFICIAL Real Estate Agent Directory® and find a real estate agent to help you!
Popular Real Estate Terms
Listing of real estate property done without any effort an the part of the real estate broker. An example is when a homeowner calls the real estate brokerage firm on his own without having ...
Intentionally misstated or undisclosed facts, statements or representations. Misrepresentation is a form of fraud which could lead to cancellation of a contract or other liability. For ...
Ratification is typically required when an individual makes a decision. Still, they don’t have the legal authority to make it legally enforceable. In everyday discourse, ratification ...
Exposure can have various meanings in real estate and insurance, depending on the context. Let’s have a thorough look at these scenarios! Exposure as property’s ...
Financial statement with amounts or other information that are completely or partially assumed. The assumptions supporting the amounts are usually provided. The statement may be prepared in ...
Structure of prefabricated units. ...
Commissions received by a syndicator when real property is sold. The fees typically occur after the investors receive their initial investment plus the specified return. ...
Real annual return on a real estate investment. It equates the initial investment with the present value of future net cash inflows from the investment. The IRR can be determined by using a ...
Supports a structure. ...
Have a question or comment?
We're here to help.