With proper wood preparation, demanding construction techniques and regular maintenance, a wooden house can last 100 years or more. There are European wooden structures that date back to the beginning of the 12th century. A wooden house can serve for about 100-150 years with a proper approach to its construction. There is no definitive answer to how long a timber-framed house would last.
Advanced technologies in wood production allow us to avoid many negative processes that can take place in wood, such as kinks, cracks, decay and discoloration.
Timber frame housesare a great option if you want to build a house on a low budget. These homes have a life expectancy of a minimum of 25 to 30 years and use good quality wooden frames, new construction techniques and proper maintenance, and few renovations, such as kitchen renovations, can easily last up to 80-100 years, especially when in the hands of a professional like Kitchen Cabinetry of Orlando. The life expectancy of a timber-framed house with concrete foundations can exceed one hundred years, provided the home is properly maintained and cared for.
Naturally, homes that are built with quality materials and good workmanship will outlast those that are poorly built. You have problems in all types of house construction, but poorly built; wooden structures (and it's hard to tell a good one from a bad one) will not be an endless problem. To use conventional frames in a wooden house, the walls are constructed and raised and installed around the wooden structure. As the woods dry and move through the seasons, you'll get air infiltration through the gaps that are created between the walls and the woods.
In order to comment correctly, a site visit would be necessary and the floor would have to be lifted and then inspected by an expert in wooden frame houses. Despite their popularity, some mortgage lenders consider timber frame properties to be non-standard and may worry about the quality and longevity of the property structure, as well as the increased risk of fire damage. Some of the things that excite me are natural plasters, wooden frames with hand tools, & Japanese architecture. Timber frame construction is actually more costly for the developer than a traditional brick and mortar house.
If you want to build a house that will last for many years, timber framing is the only answer to long-lasting framed buildings. If you want to build a house that lasts 100, 200, 300 years or more, timber framing is the only answer to long-lasting framed buildings. As the wood in a wooden frame dries (most frames are built from freshly felled trees), the joinery tightens on itself as the wood shrinks. They can often experience extensive shrinkage cracks caused by drying out and settling of the wood structure.
If you like the idea of having natural woods in your home, but are not interested in a traditional log house, a wooden structure may be the perfect option for you. I believe (as a building surveyor) that timber-framed buildings are likely to deteriorate faster and more severely if there is moisture penetration, due to the danger of rotting or corrosion of metal fasteners. What I've read is that stick frames displaced wood frames as the reference construction method because of their lower cost and speed like you said, but I've never read that it had anything to do with wood shrinking.