If you're a "numbers person," you'll thoroughly enjoy this article by a sprinkler advocate that calls into question a 2014 report by the National Association of Home Builders (NAHB), titled "State and Metro House Prices: the 'Priced Out Effect.'" The report cites how new construction regulations can impact housing affordability and lead to a staggering number of "priced-out" households. For instance, the report states that a $1,000 increase in price makes homes unaffordable for more than 200,000 households.
But take a closer look at NAHB's report and you'll notice some misleading findings, says Buddy Dewar, vice president of Regional Operations for the National Fire Sprinkler Association. Dewar, for example, questions the way in which the 200,000-household figure was determined and emphasizes homebuilder arguments to home fire sprinklers.
"Homebuilders often single out a fire sprinkler system as 'the' reason potential buyers are priced out, builders go out of business, and communities suffer from stunted development," says Dewar. "To suggest that one component in the home be computed individually in the final mortgage is a misstep. This ignores the market factors that go into pricing a home: location, local amenities, local economy, etc. To use NAHB's logic, two homes using the same building components located in different areas of town should be priced exactly the same."
Moreover, adds Dewar, a home's components should not be singled out when discussing price since in the end, the pricetag is negotiated and will likely sell for less than the homebuilder's initial list price.
Keep flooding the homebuilding industry with facts on cost and other items pertaining to the benefits of home fire sprinklers. Share this 16-page document created by NFPA's Fire Sprinkler Initiative with your local homebulder and anyone else would benefit from these key facts.