If you’re looking to buy your first home, but you don’t have $1 million lying around, there’s no need to despair! There are plenty of house designs out there that will meet your needs without breaking the bank, and if you have the patience and money to spare, one even lets you build your dream home from scratch! Read on to find out about modular mansions that could be perfect for you and your family!
Are Modular Homes Really Cheaper?
When considering purchasing a modular home, homeowners often wonder whether these homes are really less expensive than traditional options. The simple answer is yes and no. It’s true that you can build modular houses more quickly than traditional homes. In fact, if you choose to use one of many turnkey house-building services, most companies will have your home built in as little as eight weeks with materials that they supply. However, while there may be fewer expenses associated with their construction, modular homes are not necessarily cheaper when everything is considered – labor costs included.
They Look Almost As Good As Custom Homes!
If you’re looking for more affordable housing options, one of your best options is to check out modern modular homes. If you think that modular means cheap and small, think again. Contemporary modular homes are constructed in factories with strict attention paid to quality and detail. And they look as good as they perform: unlike mobile homes, most modular houses can easily be moved from one place to another if necessary. The best part about these new home designs is their affordability: on average, you’ll pay 20% less for a comparable factory-built home compared to your regular custom home build. Plus, there are even loans available specifically for modular house purchases; contact lenders for details on eligibility and interest rates (you may be surprised at how low they are). So what are you waiting for? Take a closer look at some of our favorite contemporary modular home designs below!
Are There Drawbacks To Modular Homes?
They are more expensive and take longer to build than traditional homes, which is why many don’t consider modular homes. They also can’t be moved at all once they are placed. If you do find an amazing home that uses these techniques, it will always cost more. That means your overall budget will have to account for higher costs and fewer funds available for extras such as bathrooms, hardwood floors, decking or walkout basements. This increased cost should be calculated into your plans so you know what to expect before committing to a specific home style. To get around these potential disadvantages of modular homes, some people choose to buy less expensive land near major cities where there are plenty of jobs and educational opportunities.
What Is A Modular Home Made Of?
A modular home is built in sections, sometimes called modules. Each module is constructed by hand offsite, then transported to its final destination, where it’s pieced together. For example, you may have read that Google’s new Silicon Valley office building was assembled like a giant Lego set. Well, it turns out some of those pieces are actually prefabricated structures made at an 800-person factory near Lake Tahoe. While modular homes aren’t necessarily smaller than regular homes, they can be built and shipped across continents or state lines with fewer issues than traditional construction because they arrive ready to live in on site without delays due to weather conditions or other unforeseen factors; construction doesn’t stop until all modules are delivered and assembled.
How Long Does It Take To Build A Home Like This One?
The home in question is not actually a single-family mansion, but instead two six-bedroom modular homes joined by a shared living room and kitchen. As such, it took just four weeks to assemble them both. While other modular homes can take upwards of three months or more to assemble and transport, these mansions arrived on site fully assembled, minus any exterior furniture or landscaping. All told, it took less than seven weeks from when these structures were ordered to when they were ready for habitation. And that’s with delivery delays factored in! (source)
Other Things to Consider When Buying A Modular Home
Before buying a modular home, you’ll want to ensure it is made by an experienced manufacturer. Many of these companies have been around for years, but there are plenty of fly-by-night outfits out there that sell cheaply made homes that won’t last. Some aspects to look for include: large windows, quality insulation, high grade exterior materials, superior roofing, and specialized foundation systems. As is often true in life, you get what you pay for. This is certainly true when it comes to modular homes. When deciding between a modular and custom-built home, look at these important factors: How much can I spend on my new home? With modular housing, you’ll still be looking at a set budget – even if it’s larger than with custom builds. A reputable company will stick to their initial quote throughout construction and won’t give false estimates up front. The location of your site: A modular build takes longer than erecting a regular house because they are built off-site and then transported to its final destination.