Real Estate

More than one in four of every family home purchased in the US is modular builds. Much of this is due to the competitive pricing of the product. Whilst this is very good for all home buyers, it can still be unclear as to why modular home prices are so cheap. What makes them so well priced though; is also beneficial in a host of other ways.

As the name would suggest, modular homes are constructed in modules. This is competed in an assembly line environment; more associated with auto building and the like. It is an efficient way of working; just ask Ford, and drives costs down. It also reduces the amount of delays, as there is no reliance on the weather, which again, results in lower modular home prices.

The product that is delivered does not get lessened by this speedier approach however and, is actually better than many conventional builds, due to the controlled environment of these assembly lines.

When the modules of each home are delivered to the build site, they undergo a thorough examination for quality control purposes. These are carried out both by the company building the home, but also by state and industry officials. There are also regular spot checks made throughout the final delivery.

Other benefits from modular homes also include the client’s ability to customize them more easily than with site build projects. These can include fireplaces and hearths, state of the art furnishings and fittings, and artistic architectural creations. The modular home prices will of course rise depending on these customizations, but still come in cheaper than most standard onsite constructions.

The benefits continue from here too. The speed of the build as already discussed is faster, because of the process, and an entire home can be conceived, planned, delivered and built in as little as eight weeks; though fourteen is the agreed average.

Whilst an exact price is hard to ascertain, (due to the differences in each build), modular home prices tend to be between 10 and 15% less than that of traditional building methods. Also excellent, is that the price you agree upon when module construction starts, is what you will pay when being handed the keys.

They are also extremely environmentally friendly too; being far better insulated and a whole lot less wasteful than conventionally constructed homes. So, not only are you getting cheap modular home prices, but also saving money straight from the minute you move in.

For information and tips on modular home floor plans and modular homes dealers visit Modular Homes

A modular home is a home that is built in a factory, in sections. The factory is climate controlled away from all the elements. At no point in the building process does the modular home get exposed to the outdoor weather. The building process for a modular home takes about 1 – 2 weeks. Once the home is delivered to the location, it takes another 2-4 weeks to complete the process.

In the past, a modular home used to be in the same category as a manufactured home or a mobile home. Today, the standards have changed. Modular homes are now on the same level as site built homes. The building codes are the same for both types of structures. The only difference is the way they are built.

Modular homes today can be built any way anyone wants. They can be single story, double story, any layout, the possibilities are endless. A modular home can have basements, a huge porch, decks, etc. If you were not told, most of the times you would not know a modular home from a site built home.

Each year about 40, 000 modular homes are built throughout the United States. The price per square foot is between $50 and $65, according to a national average. This price includes the home, transportation of the home, application and setting fees. This price does go up depending on variable factors. Where you live in the country, additional upgrades and amenities, the size of the land you want your home on, the tax rate in your area. Additional structures such as garages and porches not included in the original purchase price will also add to your home cost.

Financing for these homes is not any more of an issue than it is for traditionally built homes. Since these homes are viewed very closely, mortgages are secured in the ways and written the same.

Resale of a modular home is done the same way as a traditional home is. They are in the same market and the same buyers are competing for these homes. Location, lot size, curb appeal, home maintenance and condition, it all factors in. If you take care of your modular home, the resale of your home should not be a problem.

Today, modular homes are very close if not equal to site built homes. Modular home sales are up and depending on where you live in the country, you might be in your new home faster due to weather conditions. If you were to purchase a modular home, fear not, they are right on par with traditional site built home and will last long and make wonderful investments.

For information and tips on modular homes prices and modular homes dealers visit Modular Homes