Why will WildHomes be cheaper than traditional houses?

On a traditional housing estate each home sale pays a portion of the site infrastructure: Roads, off-site works, sewers etc… By removing these elements or keeping them on-site we remove the majority of the upfront costs. We also remove driveways and gardens to return the land to nature which removes the costs associated with these works. The residents oversee the rewilding of the site so initial landscaping costs are reduced and managed as an ongoing cost by residents..

How much will WildHomes cost?

WildHome makes use of economies of scale with factory built homes which will reduce in cost as more are produced. We estimate about a 20% drop in the cost of a home after 10 sites and 50% drop when we hit 100 sites. This does mean that the early homes will be comparatively more expensive (we estimate around £350k for a 3 bed home depending on the options the purchaser chooses). To incentivise early purchasers we are offering an equity offset. This means if you put down a deposit on a WildHome you will earn equity in the business.

How much equity will I get with a WildHome?

Importantly we need to clarify that WildHome is a startup and this proposal qualifies as an investment and not a purchase of a home.

We have run valuation scenarios and conservatively estimate that the value of the business will be 150m once WildHome has built 10 sites (this is based on profit and the expected return from future sites). If there were 20 homes on a site and each one cost £350k then a stake of 0.23% in WildHome would be worth approx £350k after 10 sites have been built. At this point the stake could be sold or retained for a dividend from the sale of homes on future sites.

How quickly will a WildHome get built?

WildHome sites have been designed to be built incredibly quickly. We estimate that an entire site could be built in a few months once initial hurdles have been overcome. Instead of traditional foundations we are using helical piles. These are steel screws which can be used for a variety of sites and are recyclable. These can be installed very quickly and will be used to create a platform which sits slightly above ground level (to reduce the need for groundworks and allows ventilation and nature to pass under the home). Once we have a level platform, a factory made home can be installed in a matter of days or weeks depending on the supplier’s construction method. Finally we install the timber walkways, on-site sewage, service connections and any necessary landscaping (ponds, reed beds).

What would I get if I put down a deposit for a WildHome?

WildHome is utilising the blockchain to reduce the steps needed to purchase a home. The WildHome blockchain is an immutable ledger demonstrating proof of ownership of the deed. The tokenisation of real world assets (RWAs) is a growing technology but is fundamentally very simple. A deposit on a WildHome will be linked to the RWA with a smart contract (details TBC) this will reserve the asset which can then be paid for in full when construction has started.

Who is WildHome for?

WildHome is for everyone. We are providing state of the art precision built homes in sites with community facilities, nature and pedestrian walkways. Purchasers will be able to choose from a range of factory built suppliers of modular, PassivHaus and MMC homes. The facilities on the site will be decided by the residents so your home can look however you want it to!

Where can I park on a WildHome site?

Although our sites are car free there is a cross-laminated timber (CLT) car park at the entrance to the site with electric charging facilities. This is a space efficient solution that allows for more land to be returned to nature.

How does WildHome finance it’s sites

WildHome offers land owners a joint-venture (JV) partnership with a 50/50 split of the profits. We have a team which can fully facilitate works through planning and construction.

Is the WildHome blockchain bad for the environment?

There are different types of blockchain. Older proof-of-work models (think bitcoin) have validators use energy to demonstrate trustworthiness. The WildHome blockchain is being built using a newer proof-of-stake model where validators demonstrate trustworthiness by having a financial stake in the project (which they would lose in the event of providing false information).

Is the WildHome blockchain safe?

Blockchain is a fundamentally simple technology and it’s easiest to think of it as a new form of accounting. Traditional accounting is known as double entry bookkeeping where two ledgers are kept to verify accurate information. Blockchain has multiple validators which keep a copy of the ledger, the more validators, the safer the information. Because there is no “main” ledger the network can be called decentralised and a bad actor would need to corrupt 51% of the ledgers to commit fraud.