Multi-story buildings made of wood sell for 9% more than other construction in Helsinki
Building more homes and buildings with wood has been on the radar for years as a way to offset carbon emissions, though construction companies have been hesitant to take the material in broader use. A study at Aalto University in Finland is now the first to show that building with wood can be a sound investment.
The team analysed statistical data from real estate sales in the Finnish capital of Helsinki and two suburbs, from 1999 to 2018. Of these, timber-built homes made up 2.23% of cases. The findings show that multi-storied buildings made out of wood sold for an average of 8.85% more than those made from other materials.
Previous research has pointed to perceptions of higher costs in wood construction, ...






