Owning your own home is still part of many American’s dreams. However, the home that matches the dreams can often be out of your price range. Modular homes change all that. With a streamlined, efficient building process, the homes are available in a variety of architectural styles, features and floor plans. The homes are more affordable than a traditional new home build for a variety of reasons.
New home builds often utilize a lot of different subcontractors to complete various aspects of the home such as tile, roofing and more. Eliminating the need for so many subcontractors often speeds up the completion time of modular homes. Less time spent building means less time spent paying for additional housing which saves homeowners money. The average completion of a two-section modular home is two to three weeks from the time it is set on the foundation. Compared to the six to twelve months a traditional home takes, the time difference is substantial.
A construction loan is often necessary during any new home build. Different than a traditional mortgage, construction loans often come with higher interest rates. Funds applied during building are applied to cover the interest. However, the short duration of a modular home build often makes it a more affordable option.
Factory assembly lines and computer-controlled precision equipment build the different materials used in the modules. With minimal waste, the cost savings are passed onto the consumer. To ensure quality control and meet construction loan requirements, the homes are inspected at each phase even during the assembly line build. Homeowners can rest assured that their homes are made with quality. The modules arrive at the build site with all the essentials including:
- Other essentials
Gone are the days of cheaply made second-class homes. Modular homes are a quality, affordable option for homeowners. Check out the latest models on your next house hunt.