The £3000 houses that can be downloaded and printed in 24 hours

New Story

The company demonstrated its innovation in Austin at SXSW's annual Interactive Festival, constructing their prototype in real time. "It's much cheaper than the typical American home", ICON co-founder Jason Ballard told The Verge.

Using a proprietary printer, ICON can print an entire home for about A$12,000 ($12,864) and says it plans to bring costs down to about A$5,500 per house. To date, the company has built more than 1,500 low-priced, high-efficiency homes in developing countries like Bolivia, Haiti, and Mexico.

ICON's main aim is not to just build homes fast, but make them extremely affordable as well.

The construction company ICON is working together with the charity New Story to combat inadequate housing across the globe.

New Story teamed with Texas-based ICON Technologies, to build a 3D printer specifically for the goal of constructing houses in developing countries. In comparison, some Americans have chosen to downsize into "tiny homes" which can cost almost $40,000 and are only between 200 and 400-square-feet in size.

With this proof-of-concept, both the companies now plan to build such small, inhabitable houses for the deprived families in El Salvador and Haiti.

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A report from the World Resources Institute estimated that 1.2 billion people now live in cities without affordable or secure housing.

"(ICON) believes, as do I, that 3D printing is going to be a method for all kinds of housing", New Story co-founder Alexandria Lafci said. At SXSW, the organization flaunted a 3D-printed house which includes a parlor, room, washroom, and bended patio. The printer gives out a custom blend of concrete that hardens as it's printed.

New Story is seeking up to a million in funding: $400,000 in pre-funding the "first community of 100 printed homes", and $600,000 to cover the next phase of construction. The company is planning to explore the possibility of printing roofs as well.

New Story is a non-profit working to create a world where no human lives in survival mode by providing one of life's most basic needs - shelter.

With 3D printing emerging throughout the construction industry, the technology is becoming a groundbreaking production tool for affordable and sustainable housing. The printers are capable of using any number of materials-including food, cement, and others-and creating a 3D structure.

Like other creating nations, Pakistan has likewise observed an ascent of demo models of 3D-imprinting on a little scale.

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