Real estate has been evolving to make room for a great variety of housing options for everybody. One result of this innovation in homes is the modular home of today, which used to hold a perception of being cheap and low quality. Years of growth have allowed modular homes to step up in terms of quality, making them just as ideal a housing option as traditional ones.
Whether you are searching for a property to live in or invest in, do not write modular homes off so easily. They are a promising choice that could yield you great returns in the long run. We are here to help you understand what makes them so great.
What Is a Modular Home?
Your realtor and real estate agent must often hear the question: What is a modular home, exactly? Since they are not yet mainstream housing options, this is a valid question to ask.
Unlike a traditional home built on the piece of land where it will stand, modular homes are first built in a controlled setting, similar to a factory. These are then transported to their locations, where a builder puts the manufactured parts together.
Modular homes are also often referred to as prefabricated homes. Many confuse these with manufactured homes, but their main difference is that manufactured or mobile homes are already fully assembled before moving to the land they will stand on.
Why Should I Get a Modular Home?
Now that we know what sets modular homes apart from other housing types, here are reasons why a modular home is a great choice for you.
1. It requires much less setup time.
Since modular homes are built in controlled environments, their building time is unaffected by weather conditions. This means that after weeks of production, the assembly process is much simpler onsite.
This is a much quicker process than stick-built homes. Stick-built homes need materials to be sourced from various suppliers then built on land, which will entail longer waiting times than modular homes with pre-built parts. Houses built onsite are also at the mercy of the weather, as strong rains can suddenly halt operations.
2. It can cost you less than a traditional home.
The usual process of building a home involves the costs of architects, engineers, contractors, and suppliers. Since the parts for modular homes are built in one place, buyers need only to source everything from there. Parts are also inspected beforehand, so it saves you the expense of hiring a third-party inspector.
This could result in less spending, especially if you are building a home in a remote location. Do keep in mind that the final price will still depend on the complexity of the design of your home.
3. It is easier to ensure its quality.
Quality control is easier to accomplish for a modular home since there are fewer moving parts. You will not have to check with multiple suppliers and contractors, which will be hard to keep track of.
Ensuring the quality of a modular home is simpler since there is extra assurance since all the parts were built without exposure to harsh weather, which protects it from harmful elements such as humidity.
4. It is considered eco-friendly.
One big reason homebuyers should consider modular homes is their friendliness to the environment. As modular homes are built following specific factory guidelines, they could produce less waste than building traditional homes.
Modular homes today are also built using the latest technologies, meaning they are usually more energy-efficient. A smaller size requires less energy to power, too, which makes shifting to solar energy cheaper.
5. It is easy to shop for.
One reservation some home buyers have is the unavailability of modular homes in their desired locations. The reality is that they are quite easy to find. Did you know that modular homes are available on Amazon?
Pre-assembled modular homes are also up for sale on websites such as Realtor.com and Zillow. For assistance, pay a visit to ModularHomeowners.com, a resource to find various home styles within different price ranges and locations. The website also lists manufacturers and a portfolio of the kinds of modular homes they build.
Is a Modular Home the Right Fit for Me?
While there are many advantages to buying a modular home, it will also include some challenges, from zoning restrictions to customization constraints. It is important to clear these concerns before committing to purchasing a modular home. If the many pros of going modular outweigh the cons, it is a great investment for you.