This $10,000 3D printed house can be built in 24 hours and is bigger than a studio apartment. Excavation still has to happen for concrete foundations, and the windows, roof, and interior mechanicals like electricity and plumbing can’t be poured by a printer.
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That’s because the innovation isn’t in the structure or materials – it’s in the design and building. ICON, the company that builds the 650-square-foot house, claims it costs just $10,000 to build and can be 3D-printed by a Vulcan printer in 12 to 24 hours using the most common building material on Earth.
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This is starting to get interesting. This works out to about $15 per square foot. $15K per 1,000 sq.ft. or $30K for 2,000 sq.ft. house. Commercial space can be built for about $25/sq.ft using traditional methods so the savings aren’t quite high enough yet. As usual, in most urban centers build costs are a small fraction of land costs.
This House Was 3D-Printed In Under 24 Hours At A Cost Of Just $10,000. As profiled in the Telegraph, the company Apis Cor, 3D-printing specialists based in Russia and San Francisco, built the house using a mobile printer on-site. According to the company, the walls of the building were printed and painted in just 24 hours.
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24. Suppose that a property can generate cash flows of $10,000 per year for eight years and can sell for $80,000 at the end of the investment period. Assuming a discount rate of 10%, what is the present value of this property (Assume end of period cash flows in your calculation)? A. $117,320 B. $160,000 C. $133,349 D. $90,670
A homeowner made a down payment of $10,000 and pays $700 each month for his mortgage. Write a function that shows how much has been spent on the house in terms of the number of months it has been owned?
This proof-of-concept home took 48 hours to make and cost US$10,000. Now, armed with a successor to the original, Icon says with its Vulcan II printer it can print the structural elements in 24 hours.