One of the most common questions asked to bankers, builders and realtors regarding modular homes pertains to their resale value. “When I sell my modular home, will it sell for the same price as a stick built home that is comparable?”
Many people wonder about the resale value of a modular home. Oftentimes however, your profit will be higher, provided you have maintained and cared for your home, because modular homes cost about 10-15% less to build. Modular homes are appraised to the same standards as a site built home, so both types of homes are assessed at the same amount.
So now that this question has been answered, let’s point out some of the other benefits of modular homes. They are built much faster; in approximately 10 to 12 weeks from the day you decide to build a modular home is when you will get the keys to move in. The modules are built in a factory and delivered to your building site. From that day the process takes about 3-6 weeks to complete.
However, these benefits above are not the best part of building a modular home. Talk to anyone who has built a traditionally constructed home and they will tell you that it cost far more than they had initially planned. When building a modular home, your budget is solid. The pricing is guaranteed, unless you make a change in the building process. When you decide on a floor plan, the cost of building that home can be priced to the dollar. At Avalon there are no surprising material costs or labor costs. That is the biggest advantage to building a modular home.
As you already know
New England and Upstate New York speak of log homes. They are the perfect place to live and fit in so nicely with our mountainous vistas and hearty living.
There is something very New England about a log home. However the money and time invested would certainly put them out of reach for most homeowners. Not to mention the upkeep that comes with a log home. There is a simple solution.
Everyone wants to go green. Even, the home builders are coming up with new home designs that are more energy efficient. The new Energy Star homes are designed in such a way that the energy consumption per house will be 20-30% less than a regular home.
Determine your entire budget for land, home, labor, transportation and ensure that all these items are covered
Modular construction
Modular homes