Real estate

5 Essential Things You Should Know About Pre-fabricated Homes

Buying a new home is every person's dream. Before the technical revolution, houses were always built on site, but the advent of advanced building technology paved the way for more innovative home plan ideas. The construction of homes in a factory and assembling them on the site has become possible.

Over the past few years, several homeowners have taken advantage of the benefits of choosing a modular home. A lot others are still contemplating whether it is wise to buy one. If you are planning on building your dream home and would want to go beyond conventional construction, a modular house would be a good option.

Ready to make that decision? Here are 5 important facts on prefabricated homes:

1. Modular homes take lesser time to build.

As opposed to on-site home construction, pre-fabricated homes are faster to build, regardless of the complexity of the structure. Factory-made houses are not affected by weather delays; the job continues even if it's raining or snowing outside. On-site building work, on the other hand, will have to be halted when bad weather strikes. While the prefab home is in progress, the site can be prepared simultaneously. This arrangement can save you a lot of time.

2. When buying a modular home, you'll possibly pay for more than just the base price of the building.

This is an important factor you should bear in mind. The costs covered by a typical pre-fabricated building include construction and transportation of the sections to the site. But setting up the building on the site can mean additional expenses especially when additional work is necessary, such as leveling the area, cutting large trees, and installing a septic system. You should see to it that you understand the costs covered by the manufacturer on the model you choose.

3. Contrary to popular speculation, modular buildings are durable.

Many people think that prefabs are not as tough and long-lasting as traditional buildings. The truth of the matter, however, is that they actually are! In fact, in 1992, the U.S. Federal Emergency Management Agency reported that modular houses in Florida sustained minimal structural damage after Category 5 Hurricane Andrew hit the area. This is solid proof that pre-fabricated structures including modular school buildings, clinics and houses can withstand extreme weather conditions than most built-on-site structures.

4. Modular homes are be easily modified.

As far as design is concerned, prefabs can be easily customized. They are not designed to look the same after they are assembled and installed. You can always alter an existing modular building and redesign it as you wish. If you have the money for it, sky's the limit!

5. Important tip: Make a detailed assessment of your financing options.

Understanding the costs involved in purchasing a pre-fabricated building doesn't really make you ready for a purchase, especially if your plan involves going to the bank to apply for mortgage. Some banks have difficulty assessing the value of pre-fabricated homes and this can give you some challenge. You should evaluate your financing options the moment you decide to build a factory-made home.

Unlike most people think, design and construction limitations don't make prefab homes less ideal. Faster building, greater control and reduced construction waste are among the biggest reasons why it's smart to own a modular home today.

Contributed by

If you have any questions, please ask below!