Lifetime Value & Upfront Investment
When considering building a new home or commercial structure, there are many factors to consider. One of the most important factors is the building envelope, or the barrier between the interior and exterior of the building. Two popular building envelope options are timber frame and SIPs (structural insulated panels).
While timber frame has been used for centuries, SIPs are a technology that's becoming more and more popular and offers several advantages over traditional timber frame construction. However, the upfront investment for SIPs can be higher than for timber frames, leading some to wonder if the extra cost is worth it in the long run.
To answer this question, it's important to consider the lifetime value of both building envelope options. While timber frame may be less expensive upfront, it has several drawbacks that can lead to higher long-term costs.
Firstly, timber frame structures can be more difficult to maintain a comfortable temperature throughout the year. This can lead to higher energy costs, as more heating and cooling will be required to maintain a consistent temperature. Additionally, timber frame structures can be more susceptible to air leaks, which can further increase energy costs and reduce indoor air quality.
In contrast, SIPs offer superior thermal performance and airtightness, which can significantly improve indoor comfort and reduce energy costs. This can lead to a healthier indoor environment and lower long-term energy expenses.
Another advantage of SIPs is their fast construction times, which can lead to lower labor costs and a quicker return on investment. The pre-fabricated nature of SIPs means that they can be assembled quickly and efficiently, reducing the amount of time and labor required on-site.
Overall, while the upfront investment for SIPs may be higher than for timber frame, the lifetime value of SIPs is often significantly higher. With improved indoor comfort and health, lower long-term energy costs, and faster construction times, SIPs can provide a better return on investment in the long run.
At Formance, we specialize in SIP construction and can provide expert guidance on choosing the right building envelope for your project. Contact us today to learn more about the benefits of SIPs and how they can improve the lifetime value of your building.