Cost and value-added benefits.
Cost estimating mass timber systems requires a holistic approach to compare costs and yield savings. A direct comparison of the price of a mass timber structural frame to the price of a steel/concrete frame will not provide an accurate overall project cost comparison. Mass timber has the potential to shave time off construction schedules and has other benefits that can impact the overall construction costs.
Mass timber is a custom prefabricated structural system and the costs can be optimized by close coordination between designers and builders. WoodWorks’ Mass Timber Cost and Design Optimization Checklists guide coordination between designers and builders as they estimate and make cost-related decisions on mass timber projects. The pre-design section of the checklists has tips for developers/owners related to assembling a design/builder team and contracts, as well as a list of potential benefits of building with mass timber. Mass timber has intangible value-added benefits, such as a differentiated aesthetic and environmental advantages, that can appeal to prospective tenants/ buyers, real estate investors and society at large.