Cost efficiency

The most popular system in the developed world

It is never easy to compare the costs of building with different materials and systems. So many factors are involved. For example, the relative costs of different materialschange according to supply and demand, and currency fluctuations. Local conditions vary significantly. And there are many different ways to build in different materials. Building with wood could involve anything from traditional wood frame, totechnologically advanced engineered systems, or even hybrid construction. And building efficiencies vary, depending on the regulatory system, scale of development, knowledge and skills, the extent of off-site construction, and how adept and experienced the construction company is at planning and managing the building process.

It is worth noting, however, that wood frame systems account for around 70 per cent of residential construction in the developed world. One of the reasons for its popularity is its cost-effectiveness, which includes a much shorter construction time and less waste than other systems.