Technology has been running at full force down a seemingly endless mountain, and it's made a lot of changes to the culture in its wake. But the construction industry has largely ignored many of the advancements of today, preferring to stick with the traditional techniques for residential building construction that have served them so well in the past. It is only recently that construction companies are adapting the technology to speed up their projects and reduce their overall production costs.
3D Scouting for Sites
Choosing building sites can be tricky for real estate developers because it's time-consuming to drive from place to place and carefully evaluate each property. It's why drones and 3D scanners are becoming more popular for decision makers. A drone can show the overall state of the property, helping developers see the condition of the land and the barriers that could stand in the way of building. A 3D scanner will give them even more perspective on the property because it shows the measurements of anything located on the building site. So if there's a small cluster of trees near the back of the land, the scanner will give their measurements to within 2 mm of accuracy.
Virtual Reality for Workers
In 2016, there were 991 deaths in the private construction industry. This alarming number signals that we need better training...
Buying and selling raw land is a great way to make money without having to expend very much effort, but investors may not realize the specific challenges before they get started. Ideally, a person would be able to purchase a piece of land when its worth next to nothing and then sell the untouched property to an anxious developer committed to expanding their business. But the realities of buying and selling land can put a serious dent in the profits. Learn more about the potential obstacles that can get in the way of the perfect scenario.
Sitting on the Property
It's not always easy to spot the neighborhoods that are getting ready to explode in popularity because growth takes time. Investors who want to make money quickly may not get the payoff they're looking for if they're buying and selling land. If a new steel plant is hiring thousands of employees, then real estate is immediately going to skyrocket in price. The key is to get to that land before the steel plant makes its announcement, which may mean having to wait several months (or even years) before an investment can start to recoup its original costs.
Checking the Topography
People who are new to real estate don't always realize just how much the natural lay of the land can interfere with their plans. From tree roots to sinkholes to erosion, there are plenty of potential barriers...
Green technology is really the way of the future, and construction is slowly coming around to adopt new techniques and reduce the carbon footprint of their creations. While the developments have certainly not been seen across the board, it helps if home buyers understand the new choices on the market and the future predictions of what's to come. Here are five new developments that are worth noting for home buyers who value efficiency, innovation, and progress.
Most people think of green heating as solar power but geothermal heating has also made quite a splash as well. Those who may not have the access to the sun can rely on underground pipes that draw air from the Earth's 60° F core (a temperature that remains stable all-year round.) Considering geothermal heating is 500% more efficient than traditional heating, there are plenty of opportunities for a construction crew to save both a homeowner's wallet and the planet at the same time. Solar panels have also been steadily increasing in popularity and efficiency as well. The more competition on the market, the better the quality of the products and the lower the costs. In fact, California believes in solar panels so much that they're requiring all new homes built to have it (starting in 2020.)