ICF Construction During a Recession

The Alberta economy is facing its fair share of challenges at the moment. But the province remains resilient, with residents and businesses adjusting to conditions. Everything is being optimized for efficiency, and this is especially true of the residential and commercial construction industry. Traditional concepts are being bucked to make room for building methods that account for current and longterm economics alike. The use of insulated concrete forms, is fast becoming the concept of choice. Let’s find out why.

5 Reasons Why Building with Insulated Concrete Forms Makes Sense During Slow Economic Times

1. Reduces Drywall Waste

With a new federal drywall tariff in effect in the west, Alberta contractors are looking to minimize drywall waste where possible. NUDURA ICF (provided by Total ICF) attachment strips allow for easier drywall finishing which equates less potential for waste and a reduction in drywall expenditure.

2. Traditional Building Material Costs on the Rise

Some of the key materials used in traditional construction are on the rise in Alberta, with lumber prices in particular on the rebound. This may be great for forestry exports to the U.S., but it adds to construction costs locally. In addition, the supply chains for traditional building materials are impacted during a recession, which can increase the costs further. All of a sudden, the use of insulated concrete forms, once considered more expensive in the “start-up” phase, is becoming a more fiscally viable option.

3. Reduced Need for Number of Skilled Workers

Economic downturns can cause brain and trade-drain alike. With a reduced number of skilled workers in the local market, you may find it challenging to fulfill your labour requirements for up and coming construction projects. Once again, using ICF as a building alternative makes great sense. ICF construction requires fewer hands on deck because of their lego-like (excuse the analogy) structure that allows immediate building. There is also a short learning curve for labourers and subcontractors, with ICF training programs and courses readily available near you.

4. Prepared for the Economic Long Haul with Reduced Monthly Expenditure

ICF is made to outlast any recession. Thanks to EPS insulation, superior thermal mass, and air tight construction, insulated concrete forms provide higher thermal resistance (r-value). There are significantly reduced fluctuations in internal building temperatures, resulting in a more energy efficient property. Monthly utility expenditures are without question lower than that occurring with a traditional build. Occupants of an ICF-constructed property are far better equipped to withstand the brunt of an economic downturn with each passing month and year, until the assured rebound occurs. Then, that savings becomes icing on the proverbial cake. As a residential or commercial developer, your up and coming property becomes an easier sell when buyers are presented with this immediate ROI alternative.

5. Greater Resistance to Natural (and Unnatural) Disasters 

With Alberta coming off of the costliest insured natural disaster in Canadian history, builders are called upon to build properties less susceptible to damage and destruction. During an economic downturn, no one wants to the added concern of increased insurance premiums. Thankfully, insulated concrete forms are more resistant to storms, natural disasters, and fires. ICF properties also provide greater security, another comforting benefit to help weather the economy until its inevitable return to form.

Ready to make the right decision for your next Alberta build? Contact Total ICF at 403-887-2214 anytime.