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

This wasn't there the day before

The company, called ICON, has developed a method for printing a single-story 60sq m house out of cement in less than 24 hours - and for about half the cost of other, similar methods.

3D-printing has become more accessible all around the globe, however, the of adoption of any large-scale utilization of 3D-printing technology is still a challenge.

The partners are hoping to build a community of 100 3D-printed homes in El Salvador next year.

The presentation at SXSW comes after a report from the World Resources Institute estimated that 1.2 billion people live in cities without affordable or secure housing.

ICON's zero energy, thermally efficient model features a living room, bathroom, bedroom, a study that could double as a second bedroom, and a wraparound porch.

Many industry experts say 3D printing is already revolutionizing the way products are created and will only continue to do so in the future.

The company recently printed a home for a community in El Salvador. The companies are targeting the end of 2018 for the first homes to be printed and expect to have the first 3D printed community completed by 2019.

However, before these homes are built, ICON is planning to trial the model by 3D printing an office in Austin. The cost will make the 3D printed houses a lot cheaper than the typical American house, according to Jason Ballard, who is the co-founder of ICON. The charity's mission is to place people without adequate housing into a proper shelter, taking them away from the throes of "survival mode". On the outside, it doesn't look like anything particularly special, although the covered patio and spacious windows are less common on tiny poured-concrete buildings. The printers are capable of using any number of materials-including food, cement, and others-and creating a 3D structure. However, by working alongside ICON, they now have access to the impressive Vulcan 3D printer. For this venture to succeed, they have to be the best houses...

New Story explains on its website that a year ago, the technology they needed to create homes quickly and cheaply wasn't available yet. The technology also tends to reduce waste and manual labor costs.

Since these structures need to be sturdy and hospitable, the companies aren't taking any risks and will be refining the process right up until they take it over to El Salvador.

In homes, small 3D printers can be used to create toys for kids.

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