Question 1

What is a Modular home?

Accepted Answer

Simply put, a modular home is a home built using modular construction. Modular construction occurs off-site and inside a facility rather than at the property where the home will be permanently located. Sections of the home, known as modules, are constructed inside the facility and then transported to the property and assembled. Once the modules are assembled, a modular home looks like any other house.

Modular homes are different from manufactured homes (sometimes called mobile homes). Manufactured homes are built on a permanent steel frame and moved using wheels and axles on that steel frame. Because the steel frame is integral to its construction, a manufactured home can be moved to another location. Unlike manufactured homes, a home built with modular construction is transported on a carrier. Once it is on the property, it is moved off the carrier onto a foundation and assembled. The home becomes permanent to the property.

Question 2

What are the advantages of Modular homes?

Accepted Answer

Modular homes are built to the same building codes as a site-built home. The advantage is that portions of the home, called modules, are built inside a facility and protected from the elements during the building process. No dealing with inclement weather.  But that is just one advantage to building modular. Because the modules are delivered to your site on carriers, they are built to withstand transportation over a variety of roadways. Adding to this the stringent quality controls during construction, modular homes become much more durable and resilient than site-constructed houses.

Because the process is streamlined, modular homes typically cost less than a comparable site-built home and appraise at the same level as a site-built home. Despite this fact, they can still be financed through conventional means, making it possible to use the most profitable funding option available.

So generally, with modular homes, you get the same quality as a site-built home that’s built faster, at less cost but with the same value.

Question 3

Do Modular homes appreciate in value?

Accepted Answer

Yes! Modular homes appreciate similarly to traditional, site-built homes. They are appraised using the same standards, and in some cases, we see the market valuing them even higher. This is due to the reliable consistency, durability, and energy efficiencies that factory-built homes offer.

Question 4

Can Modular homes be moved?

Accepted Answer

Unlike manufactured homes (often called mobile homes), a modular home cannot be moved. Once it is transported and removed from the carrier, it becomes permanent for the property, just like a standard site-built home.

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