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| What It Costs? |
| What it costs to build a new "Energy Efficient" home using "Snap-N-Lock" Structural Insulated Panel Technology versus 2X framing! |
| With the development of basic 2x lumber and mass produced nails around 1850, a new era in homebuilding became prevalent throughout the U.S. and is still the norm for most of today's homebuilders. The average cost (national/medium), is around $94.80 per square foot to build a new home. These costs obviously vary according to the area of the country you are building in. |
| Click Here for Installation Photos |
| Present Day homebuilders that use "Snap-N-Lock" Structural Insulated Panel technology provide their customers with outstanding thermal performance build right into the building system as an integral part of the design of the home. These homes cost more to build initially, however as a result of the savings in overall operational costs, in the long run the house costs you less than a conventionally stick built home. |
| 2X Frame VS. SIPs |
| The cost is obviously dependent on the design and finish of your home. The larger the home, in most cases, the more amenities, thus it costs more. No two homes are exactly alike so therefore, determining the cost on a square foot basis is difficult. However.... For the return on your investment, Structural Insulated Panels far out perform stick framed or any other type of enclosure system. The cost of the panels make up only a fraction of the overall cost of your home, usually between 10 to 15 percent of the total. This additional cost can be easily recovered over the life of your mortgage and these savings are quite staggering. Energy consultant Mark Whitaker of Mesquite, Texas compares various thermal envelopes (SIP, stick framed, concrete etc.) and projects the utility costs one can expect to pay based on the type of HVAC system, local utility rates and heating and cooling days. He has provided an example of an analysis comparing the operating costs of a 1522 square foot home in Dallas, Texas using two different thermal envelopes. |
| Estimated Operating costs @ 4% Annual Cost Increase |
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| Assumption for Estimating Operating Costs Energy Consumption is estimated using BIN method calculations Summer indoor temperature is maintained at or above 76ºF. Winter indoor temperature is maintained at or below 72°F. Heating and cooling loads are calculated in accordance with ACCA Manual "J" 7th Edition. Calculations include consideration for conduction, convection, radiation and infiltration of the structure's components. |
| Example of Overall Cost Comparison |
| Let us assume that the home buyer spends no more than 20% of the total purchase price of the home on a vacant lot and we build this same 1522 Square Foot home with sticks and bricks, it would cost the home buyer approximately $159,901.32 plus closing costs, building permits and fees, etc.; |
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| We will now compare these same costs using Structural Insulated Panels, it would cost the home buyer approximately $173,142.72 plus closing costs, building permits and fees, etc. a difference of $13,241.40. When you compare the difference with Energy Savings chart above, it's easy to see Why SIPs save you money overall! |
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*Note: Costs per square foot are based on cost of new homes built in the Southern Region of
the United States and are assumed to be median costs. Normally the larger the home, the
more the amenities, the more it costs to build! Building costs for a new home varies with
design. Figures displayed are for general use. Ask the contractor for an estimate for your
project.
the United States and are assumed to be median costs. Normally the larger the home, the
more the amenities, the more it costs to build! Building costs for a new home varies with
design. Figures displayed are for general use. Ask the contractor for an estimate for your
project.
**Note: Monthly Payment is assumed you qualify for a mortgage based on your credit rating
and ability to repay the mortgage based on a 30 year fixed rate mortgage at the annual
percentage rate (APR) of 6%. It does not include taxes or insurance for the area where you
plan to build. Contact your local taxing agency and building authority for these costs.
and ability to repay the mortgage based on a 30 year fixed rate mortgage at the annual
percentage rate (APR) of 6%. It does not include taxes or insurance for the area where you
plan to build. Contact your local taxing agency and building authority for these costs.
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