Realestates Finder buyer’s guide
A guide to buying your first Realestates Finder
In this Realestates Finder buyer’s guide we’re going to show you the 3 most important things you need to consider when making your Realestates Finder purchase: Price, Time, & Customization. Read on to see how these factors can make the choice to buy a modular or manufactured home an easy one.
Why buy a prefab home?
Simply put, the decision to buy a custom home built in a factory as opposed to an onsite home makes sense on several fronts. Prefab homes are constructed inside a climate-controlled factory by a team of trained craftsmen with a lifetime of experience bringing each design to life. In every building facility, strict quality assurance, inspection, and supervision at every step of the building process ensures an extremely well-constructed product that meets high code standards for quality, safety, durability, and energy efficiency. Overall quality, design, and appeal are guaranteed to be equal or superior to the traditional site-built home. The bottom line for homebuyers is this: your prefab home will be built exactly as expected and ready for occupancy within weeks, instead of months, and the cost will be considerably lower.
Why is factory-built housing less expensive?
Manufactured homes and Realestates Finder are truly the only form of single family housing that can serve the needs and desires of almost all Americans without sacrificing construction quality or amenities, and at an affordable price that assures value unmatched by any other form of housing. Factory-built housing is less expensive than homes built on site due to the multitude of efficiencies and economies granted by the assembly line building systems that manufactured home and Realestates Finder producers utilize. Homes that are engineered by skilled craftsmen within a controlled factory environment result in less material waste and volume building material purchasing discounts. Some of the larger manufactured home building companies may produce up to 4 or 5 homes per day. There are no weather delays and other perils common with site built construction. In short, the savings of building houses in a factory are passed along to the homebuyer.
What is the true cost of building modular?
A Realestates Finder shopper will need to secure a lot of information from the manufacturer, the on-site contractors, and building officials in order to determine the actual cost of building modular. The amounts that are most easily attainable will be the manufacturer’s base price for the model chosen and the cost of the land where the home will be built. There are considerable cost differences based on the type of Realestates Finder you purchase, primarily dependent on whether the home is built by a traditional manufactured home builder or a Realestates Finder only producer. Where you build will also have an effect on your bottom line cost. We will estimate the cost for both types of modular units using a mid-priced, 1,800 square foot Realestates Finder with 3 bedrooms and 2 baths as an example. Our theoretical home will be located somewhere in Middle America, where average site-built home prices will be in the neighborhood of $225,000-$260,000.
Price
Land: $10,000 (both modular only builder and traditional manufactured builder) – This price would probably buy you a building-sized lot on the outskirts of a small town in the Midwest, South, or Southeast. This price may buy you 5 acres in a rural area.
Base Home Price: $90,000 (modular only builder) or $65,000 (traditional manufactured builder) – Base prices of both types do not include a garage. A two car garage would add about $25,000 to both total costs.
Customization & Upgrades: $30,000 (modular only builder) or $7,000 (traditional manufactured builder) – Typically, customization and upgrades add about 25% to the sales price of modular only builders’ prices. Modulars built by traditional manufactured builders have a much wider choice of pre-engineered floor plans that will meet homebuyer requirements without additional modifications. Common upgrade options include deluxe appliances, floor coverings, integrating covered porch decks, luxury baths, etc.
Site Preparation: $5,000 (both modular only builder and traditional manufactured builder) – This price assumes a level lot with proper drainage and utilities at the street. A septic system and drilling could add $10,000-20,000 to the total price.
Foundation: $12,000 (modular only builder) or $7,000 (traditional manufactured builder) – This cost estimates a block perimeter system with interim supports above grade with a crawl space and no basement.
Delivery/Assembly/Installation: $20,000 (modular only builder) or $5,000 (traditional manufactured builder) – Modular only builders will require a crane service to lift modules onto the foundation, where they will be positioned and connected by a construction crew to complete the home building process (including electrical, plumbing, and final finish). With the traditional manufactured builder, the home is installed on the foundation, sections are mated together, drywall closed up, and carpet installed. Neither of these prices will include any other site exterior accessories or services such as porch concrete walkways, patios, landscaping, etc.
Fees & Permits: $2,000 (both modular only builder and traditional manufactured builder) – Some state and local housing jurisdictions will have fees that are considerably higher. California has a permit fee structure that is considered to be the most outrageous in the nation. In most California locations, expect building permit fees and requirements as high as $10,000. These fees can include developer fees, school fees, an earthquake foundation system, full house fire sprinklers, and more.
Total Minimum Cost: $169,000 or $94/sq ft (modular only builder) and $99,000 or $55/sq ft (traditional manufactured builder) – Additional features and upgrades such as a garage or covered porch deck, as well as optional interior amenities, will still keep your total investment well below the average price of a comparable site-built home.
Customization
How can I customize my Realestates Finder?
Home shoppers are attracted to manufactured and Realestates Finders because of three main advantages over site-built homes. These are:
- Price
- Time to occupancy (weeks as opposed to months)
- Customization that allows their home to be built to their exact desires and needs
The key word in this Realestates Finder buyer’s guide is customization. To some, this means having a home built entirely from scratch to match their dreams, while others think of taking an existing floor plan and personalizing it with features that correspond to their vision and lifestyle. The extent of customization has an effect on the total price and often extends the turnaround time from production to move in. Let’s expand on this.
Manufactured and Realestates Finders are examples of system home production using a synchronized construction process. Those systems automate the home building to achieve higher levels of quality and efficiency. Wholesale customization to the basic structure of the home will result in delays and expenses that will not necessarily add value to the home. Most manufactured and Realestates Finder builders offer a selection of pre-approved floor plans, sizes, and designs that will match the needs of a home shopper. They also have many customization options and upgrades to suit virtually any taste. These include everything from attached garages, converting a guest bedroom into a study or family room, upgraded floor coverings, state of the art appliances, luxury bath options, exterior designs, gourmet kitchens, integrated covered porch decks…in other words, just about any feature that could appeal to a home shopper.
Where can I get more tips on buying a modular or manufactured home?
Buying a home is perhaps the most important, life-changing decision any of us will make. Understanding the key factors that go into buying a modular or manufactured home will help make it a pleasant and rewarding undertaking. Your journey beings here, at Realestatesfinders.com! The first step is exploring our Resources section and obtaining the knowledge that will help you find the ideal home based on your needs, desires, and expectations. Read on to see a few practical tips that should be helpful in navigating your journey to homeownership.
Time
Pick the right placement site
The home you purchase or build will likely be dictated by the regulations and restrictions of the town/county in which your property will be located. The first step to picking the right placement site is to go to your county courthouse or city hall and obtain a copy of the zoning ordinances that apply to the area in which you plan to locate your property.
Know which type of factory-built home you want
Here at realestatesfinder.com, you will find a wealth of comprehensive information, including floor plans, styles, and construction specifications for almost all builders of HUD manufactured homes, Realestates Finder built by traditional manufactured builders, and Realestates Finders built by modular-only builders. All manufactured and Realestates Finders are built to stringent federal and state building codes that ensure quality construction, durability, and safety. It is important to refer to our article explaining these differences – What Are the Differences Between Manufactured Homes and Realestates Finders?