Lumber has become the new Bitcoin. Rising demand amid a burgeoning housing boom has sent lumber prices skyrocketing. As a result, home construction and the thriving real estate market have seen exponential increases in pricing. Last year, a small ranch style home in North Carolina would fetch around $125,000. Today? That price has doubled in some residential markets. While many analysts agree that current market trends are unsustainable, it could take another year before we see any stabilization in pricing. But this isn’t America’s first housing crunch. Credulous underwriting and lending regulatory practices culminated in the 2008 housing crisis. Ever since those lean years, home ownership has become a fleeting fantasy. Today, pre-fabricated steel homes are an affordable solution to the housing crisis woes.
According to the National Association of Home Builders, lumber prices have skyrocketed more than 300% since April 2020, causing the average price of a new single-family home to increase by nearly $36,000. Source: WLXT News
Do you remember the ‘tiny home’ craze? A nation that values the biggest and flashiest price tags was suddenly enamored with downsizing. We were surprisingly ‘ok’ to trade in our gas guzzling SUVs and McMansion homes for hybrids and obtuse weird-looking container homes. It was suddenly chic to live as minimalist. Well, we seem to have settled for a middle ground. Americans are still looking to reduce their steel-toe carbon footprints, but we just aren’t quite ready to give up some of our creature comforts. Not to mention, we all still value our personal space and tiny homes…. well, let’s just say they didn’t leave any room to grow. Pre-fabricated steel homes are that middle ground while the innovative design possibilities are anything but bland and unadventurous.
Pre-fabricated steel homes dwarf tiny homes while avoiding exorbitant price of new construction
Metal has always been known for its malleability, but the versatility of a steel metal building from Elephants Structures remains unmatched. For a fraction of what it costs to build a traditional brick-and-mortar home, Elephant Structures can provide the basic frame and infrastructure to build an affordable pre-fabricated steel home. Our standard metal buildings can be installed on any flat surface and easily insulated. You can also add as many doors and windows to your customized pre-fabricated steel home to complete the personalized look and feel. And even if you are still smitten with the traditional look of wood, our buildings come in a variety of Earthen tone color schemes to satisfy your rustic and whimsical desires.
