Is a Modular Home Right for You?
Posted on: 16 December 2016
On the search for your ideal home, you might find that the home you want has not been built yet. Modular homes can resolve that issue. Although modular homes are not as popular as other housing options, they are a solid option that you should consider while searching for a home. To help you with your assessment, here are some pros and cons of modular homes to consider.
Why Should You Buy a Modular Home?
A modular home is built in a factory according to your local housing codes and later assembled on property that you own. Since the homes are built in a factory setting, they are subject to quality-control standards. As a result, you could buy a home that has a higher level of quality than standard-built homes you have seen.
Modular homes also tend to be less expensive than standard-built homes. Modular homes tend to start at about $50,000. The price of the home obviously increases as its size increases and amenities are added, but the base price is a solid starting point if you are on a tight budget.
One of the main benefits of a modular home is that it is typically constructed faster than a standard-built home. Standard-built home construction is subject to issues such as the weather. By contrast, a modular home is built in a factory, which means there are fewer environmental factors to consider. Once the home is built and ready to assemble on-site, the assembly can take a short period of time.
Why Should You Not Buy a Modular Home?
Even though there are several benefits to buying a modular home, there are some disadvantages to factor into your decision. For instance, you could encounter problems when you attempt to sell the home. The sale of modular homes can sometimes be hindered by misconceptions that make them less appealing to homebuyers.
You could also run into problems when it is time to assemble your home. Depending on your city, there could be restrictions in place that prohibit you from building the home where you want to. As a result, you could end up assembling your home in an area that is less than desirable to you.
Before making your final decision, consider discussing your options with a real-estate agent. He or she can help you assess whether or not a modular home is the right option for you and help explore other housing choices that could meet your needs.
Share