Posted October 30, 2013 by James Rhodes in Real Estate

Cost of home fire sprinklers at all-time lows; benefits still high

When it comes to the safety of your house and family, you would probably say funds is no object. Yet price (real or perceived) has extended deterred many home owners from considering a residential fire sprinkler program to defend their homes. The systems cut the danger of dying in a property fire by 80 %, have broad assistance from security professionals and can even qualify you for a discount on your homeowner&rsquos insurance. But until now, a perception of higher cost has overshadowed those positives.

A new study reveals that the cost of residential fire sprinkler systems has dropped significantly, making an opportunity for safety-minded home owners to tap the many benefits of sprinklers.

In 2008, the average per-foot price of a residential fire sprinkler program was $ 1.61 in 2013, the typical per-foot price has plunged to $ 1.35, according to a report by the Fire Protection Investigation Foundation. Multipurpose systems that use a residence&rsquos cold-water provide, rather than a separate piping program, are even much more cost-effective &ndash just $ 1.23 per square foot, the report discovered.

And fees are probably to drop even reduced, one particular professional says.

&ldquoMore communities are contemplating, or have already implemented, fire sprinkler requirements for new, single-loved ones properties,&rdquo says Eric Skare, a volunteer firefighter and fire security systems product manager for Uponor North America (www.uponor-usa.com), an Apple Valley, Minn.-primarily based sprinkler method manufacturer. &ldquoGrowing demand has resulted in increased competition and reduced installed fees for these systems. Makers competing for market share continue to develop reduce-cost goods to make sure the price-effectiveness of residential fire sprinkler systems.&rdquo

The lower price is great news for anybody interested in defending their house with a fire sprinkler technique, Skare says. The benefits of such systems are a lot of:

* Eighty % of all fire deaths take place in residential fires. Whilst functioning smoke alarms minimize the danger of residence fire fatalities by 50 percent, sprinklers slash the dangers by 80 percent, according to the National Fire Protection Association (NFPA).

* Multipurpose systems &ndash like those provided by Uponor &ndash decrease the amount of piping necessary to supply sprinkler systems simply because they tie into a home&rsquos existing cold-water plumbing system. As an alternative of two piping systems – plumbing and fire-sprinkler – the builder want install only 1, lowering material, labor costs and jobsite-scheduling hassles, saving 35 % to 65 percent in installation time over standalone, rigid CPVC systems. That, in turn, ought to outcome in a reduced cost to the house buyer.

* Home owners insurance coverage firms give an typical premium discount of 7 percent to properties with fire sprinkler systems, according to the Fire Protection Study Foundation.

* Residence fire sprinkler systems act swiftly to minimize heat, flames and smoke from fire, giving households beneficial time to safely get out of a burning residence. &ldquoSprinklers extinguish most home fires in seconds, just before the fire department arrives and prior to key harm can take place,&rdquo Skare notes. In truth, sprinklers are far significantly less damaging than fire hoses used by firefighting teams. A single study in Scottsdale, Ariz., discovered the typical fire harm loss for a property without having sprinklers was a lot more than $ 45,000 with sprinklers, losses shrink to slightly far more than $ 2,one hundred.

* Sprinklers improve residence value. Forty-five percent of home owners favor a property with fire sprinklers and almost 75 % say the presence of sprinklers increases a home&rsquos worth, the Residence Fire Sprinkler Coalition reports.

Probably the most compelling argument in favor of sprinklers is the price-to-value ratio. The average total price for installing a multipurpose fire sprinkler technique is around $ six,000, according to the Fire Protection Study Foundation report.

&ldquoThat investment could purchase your household the additional time they need to escape a residence fire,&rdquo Skare says.

For much more info on residential fire sprinkler systems, pay a visit to www.uponor-usa.com.

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James Rhodes