The only constant is
change, which means industries are always evolving and the housing building is
no exception. The rising popularity of modular homes lately has proved that the
building industry is capable of ‘thinking outside the box’ or rather thinking
within the box.
Modular homes are gaining
popularity, as they are not only quick and cost-effective to construct and
build, but energy efficient and a greener option too. It’s little wonder new
homeowners are choosing modular homes over traditional houses in the United
States. This makes for a great business idea to invest in, as the demand for
modular homes continues to increase.
Many builders are migrating to offering modular
homes or businesses as opposed to onsite building practices because the
advantages far outweigh the disadvantages, now is the time to explore this
method of building further.
The Modular Home Industry
Despite contrary belief, modular
buildings are not manufactured, mobile or recreational homes that are portable.
The home is simply built offsite and transported to the site and placed on
foundations making them a permanent structure. Everything else stays the same
for builders except for needing commercial liability insurance in the factory
and onsite.
The entire process is up to 50%
quicker as the efficiency of building homes in a factory far outweighs the
complications an onsite build could cause. The customization and styling can be
adapted easily, and any size and style of home can be accommodated.
The Advantages
There are many advantages to
building modular homes instead of traditional houses, namely;
●
Onsite delays are minimized due
to weather conditions not affecting building
●
Factory-built, minimizing the
wait for foundations to be laid first
●
Modular homes don’t depreciate
faster than their counterparts
●
Customization freedom
●
Modular buildings can
accommodate business or commercial purposes easily
●
Modular buildings are permanent
structures, they are not seen as mobile homes
●
Modular buildings can be built
on basements or crawl spaces
●
Modular homes and buildings are
sustainable and eco-friendly
●
Faster completion scope, easy
and quick to build due to smart design software used by engineers and
architects
●
Modular buildings are built to
withstand severe weather conditions including winds of up to 175 mph
●
Modular buildings do not have
design limitations, any style and aesthetic can be accommodated
●
Building inspections are
performed in the factory when the building is transported to the site
● Modular
buildings can be expanded after completion
The Disadvantages
There are fewer disadvantages to modular buildings than
advantages, such as;
●
More specific rules, guidelines
and building codes that must be adhered to when compared to traditional home
building
● Plumbing,
electricity, and ductwork are an added expense that the homeowner must be
informed about
● Consumers
and property developers are still afraid of the modular home industry and are
reluctant to get involved at first
With so many advantages to building modular homes or
businesses, the property market is bound to be flooded with modular buildings
in the near future. The added bonus of sustainability makes the move from
building traditional homes to modular ones a no-brainer.
Promoted Article
3 comments:
Plumbing, electricity, and ductwork are added expenses? Don't most site built homes also have this expense?
Tom, you are correct. Please note that the author informed us that "electricity" is extra. Show me a place in America where electricity is free, and I'll move there. Tomorrow. Meanwhile, ALL builders must wire mechanical systems and appliances, install custom light fixtures and connect the home to the local power utility. This ain't free for anybody.
There are a lot of advantages to building a modular however the BRAND negative outweighs the advantages for many as a mindset rather than a fact. The Disadvantages need to include the cost of transportation and setup cost, cranes and setup crews aren't cheap.
I have built both, prefer modular, because the shortages of skilled labor in site built homes have a higher burden on any project in terms of "time is money". Given real estate is local site built homes under 1500 Sf in my area are selling for $198 per SF, yet homes over 1600 SF drop to $155 per SF and drop even further when the SF exceed 2000. Cost doesn't equal market and homes under 1500 SF are in high demand, as such modular and manufactured homes have an advantage in that market space. Here in Southeast Virginia homes over 1700 SF almost have to be site built because cost exceeds the market in modular. Custom modular being the exception.
Not an expert just an opinion based on experience as an appraiser more so than a builder.
Post a Comment