Building in Use - Economical Aspects
Investment costs
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It is desirable to optimise total lifecycle costs yet it is inconsistent to consider
individual costs in isolation. In terms of initial capital outlay, one building
construction may cost more than another, but analysed in terms of the respective
lifecycles taking maintenance and repairs into account the result changes
significantly.
A good example of this is the clay brick cavity wall, which at least in some
countries requires greater capital outlay than, for example, a solid wall with
external polystyrene insulation. But the cavity wall has a very long lifespan (at least
100 years) without incurring significant repair costs. In contrast, external polystyrene
insulation has a limited lifespan (around 30 years) with additional costs involved on
several occasions to renew the insulation. Lifecycle-costs are therefore lower for the
clay brick cavity wall.
Investment costs in clay roofing tiles are to be amortized on their one-hundred years
lifespan.
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