Modular homes are getting more popular every year. As people discover the cost benefits and the easier manufacturing process, they are switching to modular homes as an alternative to traditional home builds. That’s why it’s no surprise that the market sees a 6.1% increase per year.
It pays to understand modular home purchasing mistakes if you want to find the perfect modular home for your needs. Below are five mistakes worth avoiding when looking at your options for modular homes.
Not Factoring in Other Costs
Many people opt for modular homes because of the cost. Since the build process is more efficient, the price is lower than a traditional home build.
But at the same time, you have other costs to account for. You have the cost of land, utilities, permits, and other expenses. Determine your total cost to learn the actual cost of a modular home.
Only Focusing on Cost
Modular and manufactured homes are great because of the reduced cost. They allow many people who may not have been able to afford homes to get started with one of their own.
But you should only focus on cost up to a point. You don’t want to buy a home that has nothing but problems. Make sure you also look for quality when comparing house prices for modular homes.
Choosing a Poor Foundation
The critical thing to remember about modular homes is that you don’t transport them. The home manufacturer builds your home’s parts in a facility and ships them to your location.
Once there, it gets installed on your foundation. It isn’t like a typical manufactured home — where it gets installed on a chassis. You need a great foundation to support your home if you want it to hold up well.
Not Verifying the Layout
It’s essential to get your modular home design right when buying. Since the manufacturing process happens off-site quickly, you can’t always change your modular home design after confirming with your builder.
Make sure you fully explore your modular home features and layout options to get what you want with your home. Otherwise, you may wait too long and be unable to change your design.
Picking the Wrong Builder
There are now many modular home-building companies out there. Some do great work, while others may cut corners to save money.
Try to stick with the companies that are known to do great work. Check online reviews to see what others have to say, and reach out to people you know who have purchased modular homes before. Do what you can to remove companies with lousy feedback from your search.
Watch for Modular Home Purchasing Mistakes
Modular homes are an excellent option for new homeowners who want to save money and still get a fantastic place to call home. They are more affordable, environmentally friendly, and completed quicker than traditional homes.
But there are things to watch out for when creating a house-hunting strategy for modular homes. Avoid the modular home purchasing mistakes above to ensure you find the perfect home.
Are you interested in more information about buying in today’s real estate market? Check out more information on the blog to learn how to make intelligent real estate decisions.
