Exterior Insulation and Finish Systems (EIFS) are continuous insulation — multi-layered exterior wall systems that are used in homes and commercial buildings. EIFS were introduced in the US in the 1960s and were first used on commercial buildings and then later on homes.
EIFS a nonload bearing, exterior wall cladding system that consists of an insulation board attached either adhesively or mechanically, or both, to the substrate; an integrally reinforced base coat; and a textured protective finish coat. This type of system is often referred to as artificial stucco. Another option is EIFS with Drainage, which is the predominate method of EIFS applied today. EIFS with Drainage helps to eliminate moisture before it has an opportunity to enter the wall cavity.

Advantage

Changes the look of the renovated structure
Substantially reduces the cost of cooling & heating Enhances the sound proofing
Reduces Green House Gas emission Excellent impact resistance
Occupants can stay while the system is installed
Reduces structural movement & risk of cracks in the building Improves durability and aesthetic looks of the building