Modular Home Sales – Are They Worth The Money?

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.

Modular homes used to be along the same lines as a mobile home or a manufactured home. The standards for these homes have greatly improved. They are now on the same lines as site built homes. The building codes are now the same. The way these two types of homes are built is the only difference in these homes.

Modular home purchased can be made to any specification wanted. A single story, a two story, any home layout, it can all be done. These homes can be built with basements, they can have decks, porches, and attached garages; if you want it, it can be added. If you were to drive around any neighborhood, more often than not, you would not be able to tell the difference between a traditional site built home and a modular home. That is how far they have come.

Roughly 40, 000 modular homes in the United States are built each year. The average price nationally for these homes is $50 – $65 per square foot. Included in this price is the home itself, the transportation of the home, and setting fees. The price will vary though depending on a few factors. Location in the country, the size of the plot of land wanted, additional upgrades or amenities will all add to the purchase price.

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.

Since a modular home is treated the same way as a site built home, resale values are on par with these homes. They are marketed the same way and sold the same way. Factors such a lot size, location, curb appeal, and amenities all play into the selling of a modular home.

Modular homes have come a long way and are now on the same level as site built homes. Depending on where in the country you live, a modular home might actually get you a new home faster since you do not have the elements to deal with. If you do choose a modular home, do not worry, they are worth the money and make wonderful homes.

For information and tips on modular home prices and modular home dealers visit Modular Home

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