How much does ICF Construction cost?
Little or nothing extra in comparison to traditional “Stick Frame” construction. In short, about $1 per month. A Dollar a Month for Safety, Quiet and Comfort A homebuyer pays 4% more for energy efficient concrete home. He secures a mortgage with a 7.5% interest rate and makes a 20% down payment on the home. He would pay $44 more on principal and interest and $12 more on property taxes but saves $12 per month on homeowners insurance and $43 per month on energy bills. The total monthly cost for the concrete home is only $1 more than the standard home – a small price to pay for the added security, quiet, and comfort. Standard Home Concrete Home Comments: The Quality Payback Concrete homes cost a little more than wood-frame homes. But lower energy bills and insurance premiums can offset the slightly higher mortgage payment. The real payback is in quality…the intangible benefits of a quieter and more comfortable home. Source: ConcreteHomes.com Additional Cost Comparisons: $4 to $5 per squ