Prefabricated Modular Homes

4 Comments für “What't the real deal with modular homes?”

1. Wonder sagt:
   30.March, 2009 um 11:51 pm

   Modular homes are just like "stick" built except they are built in a factory. All insepections, codes and risks are the same. When I looked into it, the big hip was delivery and assembly. It was going to be $50,000. That killed the deal for me.

   -MM
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2. caddemd sagt:
   31.March, 2009 um 12:30 am

   If you are considering a modular home, be sure to get a "turn-key" price. That includes delivery, set up on a foundation, maybe a driveway and garage. The key is getting the turn-key price. I am a Realtor and many people contract for a modular or manufactured home and then find out at closing, the price is way more than they anticipated and feel forced to close since they have money in it as a down payment, etc. Also, be sure you have a piece of property that will accommodate the home without a lot of excavation, septic, sewer hookup or water hookup charges. Sometimes by the time you add up everything, you could have purchased a stick-built home.
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3. Michael Iarrobino sagt:
   31.March, 2009 um 12:55 am

   The land still has to be cleared, a foundation put in, utilities brought in, maybe a septic and well (unless there is public water and sewer, and in that case you still have to get hooked up). The sections need to be moved onto the foundation and the wiring and plumbing connected. There is generally some work to be done on the exterior where the sections meet (siding, roofing, etc). There will likely be some work inside as well. There may be some minor repairs needed to fix damage that occured during shipping.

   When all is said and done you may save some money over having a site-built home, but it will likely be a lot less savings than you think, The biggest advantage of a modular built home is the potential saving in time.
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4. modular sagt:
   31.March, 2009 um 1:02 am

   Just ask the dealer this same question. The dealer is fully aware of the additional factors which cost customers money. They don't like to discuss it until after you are committed to buying the home. The dealer has probably given you the impression the $87,200 is the total price to get a home. In my experience, the sales people distance themselves from the cost of a foundation, hooking up electricity, septic, and water — everything required in order for the modular unit to become a home. They like to keep the price of the unit separated from all this. Be clear to the dealer you need to know the total cost of a turnkey installation, in writing, before you put money down on a home. If they insist they need a down payment before they can proceed with an estimate for a foundation and hookups, have it written into the agreement that the money down is fully refundable if the final costs involved are more than what you want to pay. If they cannot do this, walk away. Think about it, the only reason they wouldn't do it is that they know how high the other factors can cost. I can estimate to you right now a conservative figure for a foundation with hookups will be a minimum of $10,000 or more. It will be more if you don't have an existing septic, water, and electricity on the property you want to put the home on. If the dealer acts like he doesn't know the answers to your questions, ask for referrals from previous buyers. If they can't provide them, it is an indication of dissatisfied customers. Walk away but only to another dealer. Modular homes are becoming more popular and standard so you have more than 1 dealer to choose from.
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