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What Are The Pros and Cons of Modular Homes?

Modular homes have evolved over the last few years with significant improvements in material quality and adherence to local building standards. They provide an alternative to homebuyers looking to achieve their dream of owning a beautiful home. They are built in a factory off-site and then transported to the designated location to be assembled on-site. Although there are several benefits of owning a modular home, it has its downsides too. It is important to understand its advantages and disadvantages to decide whether it is the right investment for you. This article gives some of the pros and cons of purchasing modular homes.

Pros

  • Time Saving
modular home

A modular house takes a shorter time to build, unlike regular stick-built homes because of automation, greater teamwork, and repeatability. Building a standard building from the ground up can take a lot of time factoring in the delays attributed to weather and sourcing materials from different suppliers. Builders may be forced to stop their work if it is raining or snowing outside until the weather improves. Since a modular home is built in a factory where they stock enough supplies to get the job done as fast as possible.

  • High-Quality

The quality and design of a modular home has improved over the years and can compete closely with the standard stick-built home. There are instances where the quality is even better than other stick builders. Since a modular home is built in a factory setting, the building process is done under intense quality control. It has more detailed and elaborate shop drawings than traditional homes. The higher health and safety practices in the factory also increase the quality of work on a modular home.

  • Contractor’s Benefits

Contractors and their employees do not have to waste time traveling over long distances to the construction area. They feel more comfortable with the working conditions in the factory because they are sheltered from rain, cold, and other natural elements. This keeps the workers in good shape to handle all tasks required until project completion. You do not have to worry about delays or work stoppages caused by bad weather.

  • Affordability

One of the most important advantages of owning a modular home is the price. Since the same manufacturer builds it, there is less possible downtime and all costs are factored into your budget before the project begins. The cost of building a modular home can be relatively affordable than a traditional home construction. However, the costs may vary depending on the design, location, and material requirements. A modular home also presents you with more financing options since you can also finance your home through the manufacturer.

Cons

  • Cost of Purchasing Land

Although it may cost less to build a modular home, you need to purchase a piece of land where the house will be built on. The overall cost of land combined with the modular home can be very costly if you were not prepared for it. If you lack a town sewer where you intend to build your modular home, then setting up the system could add up to the overall cost.

  • Lack of Customization

Although modular homes can be designed in a variety of configurations, it is quite difficult to customize them as you would a stick-built home. You get more customization homes with a stick-built home than a modular setup. A modular home may not be as flexible as it is already configured with the initial floor plans of the structure.

  • Land Restrictions

Not all neighborhoods or municipalities allow you to build a modular home, especially if it does not adhere to the building codes and regulatory standards of the area. Modular homes used to be perceived as inferior products or eye soars because of their unappealing rooflines. Before you purchase a modular home, it is important to ensure the area where you intend to build your home allows it.

  • Low Resale Value

A modular home that was built by a reputable manufacturer can be a good piece of real estate. However, you can get into extra hurdles when you want to sell the home. Most homebuyers often look for facts and history about the property to inform their purchase decision. Some may be initially turned off once they notice your home was prefabricated, as they would rather invest in a traditionally built home.

Owning a modular home is a different concept that could offer some pitfalls for newcomers. It is important to understand everything about a modular home to decide whether it is the best investment for you. Many manufacturers are trying as much as possible to deal with the shortcomings of modular houses so that they can continue gaining popularity among new homebuyers.

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