Introduction:
Modular homes are houses that are built in parts in a factory where they are not exposed to bad weather conditions. The individual parts move through the factory with the company’s quality control management inspecting them at every step. The completed units are covered for protection and then transported to the home site.
Duration of Building Modular Homes:
Some modular homes can be built in the factory in as little as two to four weeks, but this depends on your design and the manufacturing company. There are no weather-related delays because modular homes are made indoors.
Are Modular Homes the Same as Mobile Homes?
Mobile homes, now more commonly known as manufactured homes, are built according to the same federal code, which is the HUD code, regardless of where they are delivered. The HUD code is issued by the U.S. Department of Housing and Urban Development.
Do All Modular Homes Look the Same?
Most people often cannot distinguish between a modular home and a traditional stick-built home. In fact, you might not even realize that a home is modular unless you are there to witness the delivery and assembly process. Modular homes look similar to traditional homes but are often more cost-effective to build.
Do Banks Finance Modular Homes?
Most banks, appraisers, and insurance companies treat modular homes the same way they treat site-built homes on your land. Check with mortgage brokers and banks in your area to explain how modular homes are financed.
Can You Save Money with Modular Homes?
The construction costs for modular homes can sometimes be less per square foot compared to traditional site-built homes, and they have other cost-saving features. Many modular homes are energy-efficient, which can reduce heating and cooling costs.
Conclusion:
Consider visiting typical modular homes in your area. Check out popular locations in your state. Why not take a tour of a local modular home factory and see the building process in person? If you think modular homes are plain, you will be surprised by pleasant surprises.
Talk to a local real estate agent to determine where you can place your modular home. You will need a foundation, whether that is a pier or slab. Solid foundations are more common in hot, dry climates. You will also need to have utilities on-site and the proper permits for construction.
Source: https://www.thebalancemoney.com/what-makes-modular-homes-different-1797805
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