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Modular Home Myths & TruthsA word should be said about modular home pricing. It is not possible to give you specific prices since there is a great variance in site, transportation, labor, quality, and other costs from market to market and even site to site.
Once you've selected a specific house and land location, please call us and we will provide you an estimated quote.
Here are the six biggest myths and the truth that debunks them.
Myth One: Modular homes can be bought for a fraction of the price of a site built home.
Truth: Although modular homes are often a solid bargain, you should not expect an unrealistic discount to other types of building. When you purchase your new modular home you are choosing unmatchable quality and speed completion. If a modest savings accompanies those features, you win in every way. As in any business you will find as many pricing policies as you will builder/dealers. Be alert. Sometimes there are genuinely good buys, but watch out if it sounds too good to be true.
Myth Two: Small affordable modular homes are the best buy.
Truth: Not necessarily so. Of course small modular homes are a great value. Generally they are priced competitively and are far superior in quality. However, as the home size increases the modular home gains in cost efficiency. After all, the savings on a modular home is on materials and labor. It logically follows that the bigger the house, the more materials and labor, the greater the savings.
Myth Three: Modular homes are more difficult or more expensive to finance.
Truth: This myth couldn't be farther from the truth. There is no distinction between modular and site built homes as far as appraisal or financing. Banks and lending institutions treat both types of construction the same. Likewise, there is no difference in insuring the modular property. The modular home is as financeable as its builder sister. Some banks even specialize in modular lending. Modular offers less inspections with less draws and less time on your construction loan. Ask your sales representative about these financial institutions. Most modular homes companies have a list of banks that they have dealt with, or are approved with to make your financing as easy as possible.
Myth Four: Modular homes are the same as manufactured homes.
Truth: Modular homes and manufactured homes (mobile homes) are not the same. Federal modular homes are constructed to the same state, county and specific local building codes as site built homes and should not be restricted by building or zoning regulations. Keep in mind that your new modular home is inspected at the factory during each phase of construction and an independent third party inspection agency approves each home before it is delivered to the home site. Manufactured homes (mobile homes) are constructed to the Housing and Urban Development (HUD) code. Totally different standards for materials ands construction. Financing for HUD code homes are similar to auto loans.
Myth Five: Custom design is not available with a modular home.
Truth: Yes, yes, yes, custom design is available! At Woodframe Homes we not only accommodate custom designs, we recommend them! We take concepts to reality!
Myth Six: Modular homes are not "green".
Truth: Modular homes by their very nature are green. Green building is the practice of using sustainable materials and design in new construction. Assembly in an enclosed indoor environment contributes to reduced waste of materials at the factory and the job site, lessens the environmental impact on the land and the community where the house is being delivered, and allows for a tighter built structure to maximize energy efficiency - all of which are key components to green building standards.
Why Buy A Modular Home?The Best Value for Your Money
Modular homes are built in factories, and benefit from the assembly line production process. The factories buy huge quantities of lumber, sheet rock, carpet, paint, etc. They pay much less for each and can have large quantities delivered at one time. Labor is used with maximum efficiency, with skilled craftsman moving between work stations on the factory floor.
The Highest Quality
Modular homes are built in a modern controlled environment, and they are precision engineered for a lifetime of trouble free structural durability. Quality control is maintained by constant inspection throughout the construction process. To insure a safe and secure trip to your property, modular homes are built especially well, using high quality materials. For example, there is typically 20% to 30% more lumber used in framing your home and most factories glue as well as nail or screw the components of the home together.
Peace of Mind
Buying a modular home gives you peace of mind - you won't have to worry about:
On the average, a home consisting of two sections will be built in the factory within a couple of weeks. Once your home is placed on it's foundation, final completion takes two or three weeks. Our Superior Walls foundations, also factory made, can be set in place any time of year in 4-5 hours. This schedule allows you to move more quickly, and knowing when you're new home will be ready helps you plan your move better.
Lower Home Ownership Costs
Repair bills can really add up. Modular homes are built in a modern controlled environment using high quality materials. They are precision engineered for a lifetime of trouble free structural durability. A well built house is a home that is easier and less costly to maintain.
Greater Energy Efficiency
Additional factory insulation and precision building techniques make the modular house a super efficient energy conservation home. And, of course, this cost saving lasts every year you're living in the house. And it helps your resale value too.
Design Your Own Dream Home
Modular home manufacturers have many different design plans for you to choose from. You can even design your own house. The factory engineers will work with your builder to make it happen. Small cabins, log homes, ranches, 2 stories, capes and vacation homes all offer a variety of options to make your dream home a reality.
Mortgage Lenders Want Your Business
Modular homes are becoming more popular and there are an increasing number of financial institutions eager to write new loans.
From the outside your home might look just like a normal house, but after all those years, quality shows through. Modular homes are precision built at the factory and they're built to last. Your home requires less maintenance and your energy bills are lower than your neighbors. When you come to sell your home, you'll be glad it's a modular.
The Tenth Reason
A new home is the biggest expense of your life. Don't buy one without checking out all the alternatives. Find out why in some states one in four new homes are now modular.
Contact Woodframe Homes, Inc.
We represent the best of modular homes.