Published: Tue, March 13, 2018
Finance | By Loren Pratt

Startups unveil $4000 home built with a 3-D printer

Startups unveil $4000 home built with a 3-D printer

The company demonstrated its innovation in Austin at SXSW's annual Interactive Festival, constructing their prototype in real time.

ICON has developed a method for 3D-printing of a single-story 650-square-foot house out of cement in just 12 to 24 hours.

For this venture, ICON is collaborating with New Story, a California-based non-profit that describes itself as a "non-profit working to create a world where no human being lives in survival mode". ICON isn't just focused on building homes fast, but is aiming to make them extremely affordable as well.

New Story has already built 850 units for those in need, but after teaming with Icon, they were able to lower the price of a home from $6,000 to $4,000. One of its founders, Jason Ballard, will be testing out the home by living in it.

Recently some Americans also have chosen to downsize into smaller homes but these also cost almost $40,000 and are only between 200 and 400-square-feet in size.

Austin, Texas can now claim the United States' first permitted 3D-printed house.

According to a report from the World Resources Institute's Ross Center for Sustainable Cities, around 1.2 billion people live without adequate housing throughout the world. Both association now mean to fabricate a group of 100 homes in El Salvador one year from now utilizing the Vulcan printer. However, the technology for suspending concrete as it prints is not feasible yet. 3D printing is already revolutionizing the way products are created and will continue to do so in the future, according to experts. However, by working alongside ICON, they now have access to the impressive Vulcan 3D printer. It is hoped that in terms of housing, the cheap construction could start a trend for affordable housing.

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