Friday, September 13, 2013

Not Your Momma's Modular

Can you tell which of these homes is modular?
Top (Left to Right): Ridgeview Construction, Blu Homes  Bottom: Oasis Homes, Oasis Homes
That was a trick question...they are all modular!

Are you surprised? We thought you might be. Modular homes are often confused with, or thought to be the same as, manufactured and mobile homes; but they are distinctly different and they have a lot to offer in terms of style and flexibility.

Modular homes are built in factories under strict state and residential codes and regulations. They are shipped to their final location and placed on the foundation (including a basement or crawl space if you'd like) and final assembly steps are then completed. Modular homes are also different than site-built, or stick-built, homes and are subject to city and subdivision regulations. If you're considering a modular home be sure to do your homework first. We recommend speaking with a REALTOR©. Click here for info on the difference between modular, manufactured, and stick-built homes and the implications.

So why would you consider a modular home over a stick-built?
There are a few key advantages:

Build Time: Your construction could take weeks instead of months. Because modular homes are built in a factory, build teams can work simultaneously and delays due to weather and waiting for materials or subcontractors are rare.
Energy Efficiency: The building techniques used inside modular home factories are known for reducing air leakage- which accounts for 20-40% of the energy used to heat and cool a home. This extra insulation and sealing makes climate control much less costly. Modular homes are considered environmentally friendly and a form of "green building".
Design Flexibility: Contrary to popular belief, modular homes can be built in any architectural style, size, and shape. Publications like Dwell Magazine have inspired a wave of popularity with ultra modern modular homes, but there are numerous companies right here in Michigan that build everything from modular Victorian mansions to modular log ranch homes.  They are completely customizable from the layout to the light fixtures to the floor coverings.

Cost is the greatest concern for many people and there is no simple answer for whether modular homes are cheaper than stick-built homes. Within the last year, new-construction homes sold through the Midland Board of REALTORS had an average price of $127.78 per square foot. We've done some hunting and found companies that charge everywhere from $60 to $350 per square foot for a modular home. They are often called a "bigger bang for your buck", but the price for a modular home depends entirely on the complexity of your building plans and the quality of the finishes you choose. Contact Park Place Homes today and we can help you find land for your new home and, if you're interested, the right modular company as well!

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