Build deck Modular Home Sales - Are They Worth The Cost?
Friday, July 23, 2010 4:10:00 PM
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.
The term modular home used to be synonymous with manufactured home or mobile home. Today, the standards for modular homes have changed and modular homes are now in sync with site built homes. The same building codes are followed for both types of homes.
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.
Around 40, 000 modular homes are built each year in the United States. A national average for these homes is $50 - $65 per square foot. This includes the house, transportation, setting and application fees. The price does increase depending on outside factors. Where in the county you live, what amenities you want in your home, the price of the land where your home will be, taxes, etc. Porches, garages, things of that nature are also additional fees that would add to the sale price.
Financing for a modular home works the same way as a traditional site built home. Since these homes are on the same level, a mortgage is structured the same way.
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.
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 new modular home prices and modular home dealer visit Modular Log Homesbuild Deck: Building A Ground Level Deck
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