A modular home is a home construction that is built indoors in a factory-like setting. The finished products are covered and transported to their new locations, where they are assembled by a builder. These homes are often called factory-built, system-built or prefab (short for prefabricated) homes. A modular home is not a mobile home; it is simply a home that is built off-site, as opposed to on-site. The other main difference between modular and mobile homes is the foundation. A modular home is placed on a permanent foundation while mobile homes are not and can be moved.
The reason most people choose modular over on site builds are due to price (modular homes usually cost less). The build takes less time. Modular homes can be constructed in a few weeks, as opposed to months. Due to the fact that all construction takes places indoors there is no fear of weather or time of day.
There is a preconceived notion that a modular home is cheap quality. However, since being built in doors, it actually improves the quality because your supplies are not exposed to the elements. Also, modular homes are actually held to higher crafting standards than an onsight home, and there are usually multiple contractors overseeing each home being built as opposed to one usually on a site build. The best part is that a modular home can be customized to your preferences! Single story, double, garage, eat-in-kitchen etc. Your choices are endless; in fact, all floor plans can be changed.
What about resale value? You often hear that prefabricated homes do not appreciate in value. However, that isn’t the case. Modular homes are a great investment.
Is a modular home right for you? Only you can answer that. Do your research. There are pros and cons with every type of build. Take the time and look into things and see what option is best for you and your family.