Home Doll market WATCH NOW: Richmond’s First 3D Printed House Seen as Way to Help...

WATCH NOW: Richmond’s First 3D Printed House Seen as Way to Help Meet Affordable Housing Need (Copy) | Economic news

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Using 3D printing technology in house building is faster, cheaper and more durable than traditional construction, and it is more energy efficient once the house is built, experts say.

And because of these factors, the use of technology could provide a potential solution to the affordable housing problems plaguing the state, said Susan Dewey, CEO of Virginia Housing, the non-profit housing finance agency. who provided grants for the 3D printing project. .

“One of the things we’re finding is a big hurdle right now is inventory,” Dewey said, noting a growing need for more affordable housing in the state. “It’s homeownership, it’s renting, and we have to think differently about housing. “

3D construction should be able to provide a more affordable way to build homes while reducing costs by at least $ 10 per square foot compared to a home traditionally built with wood, according to Virginia Housing.

“The hope is that we can produce the house for between $ 180,000 and $ 190,000, and we can sell them for $ 210,000 to $ 220,000,” McCoy said.

Having a sale price in that range “is very affordable for this area, especially since you’ve seen prices escalate around the Richmond market,” said Chris Thompson, director of strategic housing for Virginia Housing.


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