Nanotechnology is changing many industries and fields. Materials Science is to be particularly impacted, and it just so happens to be closely intertwined with Real Estate. You may have read about the wonder material graphene, but there are many other -enes as well. Borophene, Germanene, Silicene, Stanene, and more.
These Nano materials will affect real estate in various ways. While for many options that we could imagine, mass producing the material limits what can be done or economically viable in the immediate future. However, we do see what can be done with this technology.
Elaborated below are the different forms this technology will take in Real Estate will likely take, based on the properties discovered about them.
Light & Strong
How many pounds in weight?
Materials from which the frames of houses and buildings can be built would be stronger and lighter than ever. Because of this, it would require less material for the same level of performance. More overall room for the same house, on all sides could be achieved. Or more material to make it even stronger, so that it could perhaps stand up to the destructive forces of a dead-on tornado strike.
This also has impacts on the 3D Printed homes sector. Lighter materials to be printed means more can be printed in one fill-up of material. More capacity and efficiency means lower cost and eventually prices. For even better homes.
For commercial real estate and skyscrapers, the material would allow them to be impervious to plane crashes and terror attacks. Even larger structures could be built, a veritable Tower of Babel, so to speak. For design, architectural creativity could literally reach new heights. What would have been structurally unsound before could now show a true fusion of art and commerce.
Why? Because I liked it just now. And just like that, it's gone.
With this promise also includes the possibility of adding more functionality to the structure.
This could be in-place adaptation to weather and natural catastrophes. Structural changes to make for social events, both inside and out. Want to make a haunted house for a Halloween party? Recreate Winterfell castle for a Game of Thrones party?
Maybe you don't really need a yard. Extend the size of the house to the size of both front and back yards. Or perhaps you want to have more field for a pickup football game. All of this flexibility would become possible because the units making up the build are just atoms thick.
Just as within the home, entire office layouts can be customized immediately to the tenant's liking. Have a board meeting and no space is available? Have walls come up from the floor in an empty space and form a table and chairs from the bottom. The possibilities for the future are exciting.
So much more...
Strands of conductive phosphorene can allow for the most flexible circuitry imagined, on the atomic level. More power capacity and efficiency, as well as short term battery storage, could make your power bill a fraction of what it is. When mixed with solar and other possible alternatives, houses could start to produce all their own energy. With nanotechnology, energy could be collected from a multitude of sources.
With more power generation comes more possibilities for what can be done on the property. For the commercial side, this means much more. All the science parks that have high energy needs for experiments and the like, or just self-powering 5G internet for the building, it really elevates the functionality.
Imagine this in the ceiling above your bed, when you feel like it
A combination of circuitry and surface technology in the home would potentially change any surface in the home to a computer or TV monitor. Sound could also be made part of it.
Nanotech and the SmartHome are natural buddies in integrating a truly futuristic experience into your life. If you have the ability to interact with your home and the home has the ability to adapt to serve you, this would make the person and the home a truly symbiotic relationship.
While we sort of get further in the future here, we start to put into form what this all means, as for nanotech in Real Estate. Currently this technology is only at the stage of being applied to batteries in the near term. However, the first person to figure out how to mass produce Graphene will have wealth on the level of Andrew Carnegie, who made it by figuring out how to mass produce steel.