Inside An Icelandic Holiday Home
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Inside An Icelandic Holiday Home

With front row seats to a rare sight: greenery.

By J.S. Marcus
Fri, Oct 1, 2021 4:25pmGrey Clock 4 min

With its waterfalls and glaciers, Iceland offers views that are hard to beat. But Tina Dico and Helgi Jonsson managed to do just that with their new holiday home, built on a lot where the view is made even more spectacular by a rare bit of greenery.

Less than an hour’s drive from the couple’s main house in greater Reykjavik, their half-acre property above Thingvallavatn, one of Iceland’s largest lakes, has a clear sight of Skjaldbreidur, a 3,500-foot mountain formed by an extinct volcano, and, just beyond, the top of the Langjökull ice cap, Iceland’s second-largest glacier. But what sealed the deal was a number of spruce, pine and birch trees.

“When you’re used to having no trees around, which is pretty much how it is here in Iceland, this place is like walking into a green haven,” says Ms. Dico, a 43-year-old Denmark-born singer and songwriter.

Ms. Dico, who performs under the name Tina Dickow in her native country, and her husband, a 41-year-old Icelandic musician and painter, bought the property in 2013, not long after she relocated to the subarctic island. They paid US$226,800 for the property, which came with a 500-square-foot, A-frame house dating to the 1970s. Ready to take advantage of recent zoning laws allowing larger buildings, they decided to replace the structure with a 1,600-square-foot, three-bedroom home that has one full bathroom and a second-story sleeping loft. It also features a deep bathtub in the main living area that converts into a daybed. The couple share the house with their three children: Emil, 9, Jósefína, 7 and Theodór, 4.

The couple worked with KRADS, an architecture studio with partners in Reykjavik and Copenhagen, but, aided by their families, they ended up building a large part of the house themselves. The couple estimate that they saved up to US$156,400 by doing everything from applying the facade’s Siberian larch cladding to putting up their own doors.

Construction started in 2015, and the home was completed in mid-2020.

Iceland, with its rapidly decreasing glaciers and rising sea levels, is on the front lines of climate change, and there is no bigger story for the country, says Mr. Jonsson.

The Langjökull ice cap, whose peak is visible from the family living room, is getting smaller, like so many of Iceland’s glaciers. Mr. Jonsson compares it to the current state of a glacier in southeast Iceland, where he took childhood hikes. “It used to take 10 minutes to get to the edge of that glacier,” he says. “Now it takes an hour.”

Issues related to sustainability and the project’s carbon footprint were on the couple’s minds when they planned the house.

Instead of just tearing down the original A-frame, which was in still in good condition, the couple gave it away. It is now being used as a guesthouse by the father of one of their contractors, who had it lifted by crane and then transported by flatbed truck.

They also opted for an environmentally friendly sod roof, which, says their architect, KRADS founding partner Kristján Eggertsson, is more expensive to build. The packed soil, he says, “filters impurities out of the rain water before it returns to the ground.”

The house is close enough to their main home—a 5,000-square-foot four-bedroom equipped with a recording studio—for a quick day trip, but offers a radical change of scenery.

In the summer, lush moss adds to the area’s otherworldly greenness. “But it’s even more amazing in the wintertime,” says Ms. Dico, when there is more snow than in the coastal region, where they live.

The icy country roads and deep snow can make it difficult to get to, she says, but the family doesn’t hesitate to make the trip to enjoy atmospheric nesting.

When the children are older, Ms. Dico says, she plans to take advantage of their access to Skjaldbreidur—which she calls “the old volcano across the lake”—and take up cross-country skiing and winter hiking.

For now, “We do a lot of sleighing and drinking hot cocoa, while enjoying the view, the peace and the fireplace,” she says.

The couple is busy recording an album—their first since building the holiday house—and they are taking stock of how the new refuge may affect their creativity. Ms. Dico is looking forward to a double-dose of artistic stimulation. She says the drive to the house goes through a typically treeless stretch of landscape, which she likens to being on the moon, then ends at what she describes as the home’s fairy-tale setting. “It’s all just incredibly inspiring,” she says.

Reprinted by permission of The Wall Street Journal, Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: September 29, 2021.



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The insurance premium gap between flood affected and non-flood affected homes is significant

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Climate change is already affecting home values due to the impact of more severe weather events and rising home insurance premiums, and the cost of building is likely to rise as regulatory changes designed to enhance climate resilience alter building codes and zoning laws, according to a new report.

The National Housing Supply and Affordability Council describes climate change as an emerging trend that is raising the cost and complexity of supplying more housing. In its newly released State of the Housing System report, the council discusses how climate change is reducing the value of some homes when major weather events cause flooding or other natural disasters.

“The price differential between flood-affected and non-flood affected homes has been estimated to be up to 35 percent a year after a flooding event,” the report says. Furthermore, the RBA estimates around 7.5 percent of properties are in areas that could experience price falls of at least 5 percent due to climate change by 2050.

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Climate change is causing home insurance premiums to rise across Australia, adding to already elevated housing costs. Homeowners in areas considered atrisk of natural disasters are expected to see insurance premiums rise further or have difficulty obtaining insurance due to heightened risks.

More frequent and severe weather events such as cyclones and bushfires, as well as coastal erosion and flooding from rising sea levels, present risks to housing safety. More than 3,000 homes were lost in the 2019-20 bushfire season, causing $2.3 billion in insurance losses. The report says the predicted direct cost of natural disasters to the economy and housing will be $35.2 billion per year by 2050.

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Developers facing higher compliance costs may have difficulties meeting updated standards, potentially delaying or reducing housing availability.

However, the report says the increased cost of building a home with climate-resistant materials and eco-friendly features is more than offset by lower energy costs over a property’s lifetime. The current minimum energy efficiency requirements within the National Construction Code are estimated to deliver a householdlevel benefit-to-cost ratio of 1.37, according to the report.

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