Why Should You Buy a Modular Home?

If you’ve heard about this type of housing, then you probably already know that buying a modular house makes a lot of sense. These affordable, easy to own houses make it easy for all types of home shoppers to invest in homeownership and live a life they love.

What is a Modular Home?

A modular home is a manufactured house built in a factory in multiple units or modules. A modular home leaves the factory in two to five pieces, gets transported to the home site, where builders join it into one living space on a solid foundation.

Once a modular home is assembled on its foundation, it can look just like a site-built home. Modular homes have similar floor plans to traditionally built houses, giving homeowners the chance to invest in a home with a lot of curb appeal and almost endless customization options.

Why You Should Consider Buying a Modular Home

Intrigued? Here are five reasons why you should consider buying a new modular home.

1. Affordability

Modular houses make homeownership affordable. These low cost, newly built homes give people a higher quality house for a lower cost.

Because modular homes are built on a controlled, indoor assembly line, manufacturers can eliminate costs usually associated with traditional homebuilding, and pass the savings on to the buyers. By creating an economy of scale, manufacturers can deliver a quality new home at a fraction of the cost of a site built house.

Find out what you can afford with our Free Home Affordability Calculator.

2. Very Short Building Process

One of the biggest advantages of buying a modular house is how quickly you can move through the building process and actually start living in your home. If you want a new home, but need to move in quickly, a modular house might be a better option for you than a quick move-in home.

Manufacturers don’t have to worry about construction delays caused by bad weather, a time consuming building process, of waiting on a contractor or vender. This means you don’t have to wait on a delay filled construction process either.

A modular homebuilder can get your home finished and ready for delivery to your property in two to eight days. You can’t move into the home in the factory though, and it generally takes 60-90 days from the time you buy your home to when you can move in.

3. Ease of Ownership

A newly built modular home makes owning a house easy for many types of home shoppers.

First Time Buyers

First-time homebuyers and modular home make a good match. Modular homes give first-time buyers the benefits of homeownership, at a much lower cost than a traditional single family home. If you want to have your own home, but are concerned about saving for a down payment or the cost of maintaining a house, know that all types of modular homes cost less to build and own.

Retirees

Communities of cool retirees living in modular housing in fabulous locations has become a major trend in retirement neighborhoods. Retired life in a modular home minimizes home maintenance by limiting the amount of house you need to care for. Luxurious features in modular homes let you invest in the home you always dreamed about.

4. Pastoral Living

If you have land you love or you want to live out in the country, a modular home is a fantastic way to invest in a newly built home. Buying a modular, and having it placed on your property, minimizes the lengthy construction process usually associated with building a new home on your own lot.

Homeowners looking to build away from urban hubs have more flexibility when they choose to buy a modular home. Instead of working whatever site built homebuilders happening to work in your area, you can pick any modular home you love and have it delivered to your lot.

5. Not Too Tiny Tiny Homes

Just because tiny homes look cute on social media feeds doesn’t mean they’re fun to live in. If you like the idea of a tiny home, but aren’t ready to Marie Kondo practically everything you own, modular homes could be a comfortable middle ground.

While modular homes can be the same size as a production home, most modular homes range from about 900 to 2,604 square feet, making them more comfortable than a tiny home, but not as massive as a typical single family home. These houses live large thanks to great space saving features, so you can keep your books/wardrobe/collections without feeling overwhelmed or cluttered.

Would you buy and live in a modular home? Let us know why or why not in the comments below.

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