How much to modular homes generally cost?
Modular Home Questions June 23rd, 2009I know you have to buy/provide your own land but generally speaking how much are modular homes? My husband and I recently looked at a "regular" home that was 230k for 2 bedrooms… we thought it was ridiculously overpriced and heard we could customize our own modular home to our wants/needs. We found no pricing guides and do not plan on buying soon so we have not talked to anyone professional.
Anyone have a basic price for a modular home? example – 3 bedroom & 2 bath
June 23rd, 2009 at 6:47 am
Typical costs:
* It's estimated that modular construction costs 5-25 percent less than traditional homes built on-site, although some companies claim savings of up to 50 percent. Prices start around $50,000 -$60,000 for an 800-900-square-foot home (1 or 2 bedrooms, 1 bath) but can go as high as $500,000 -$1 million for large, customized, high-quality homes. And that's without the land, foundation or other site work.
* A rough estimate for a 1,600-square-foot home ($89,000 base price) with modular garage ($20,000) plus permits, utility connections, site prep, foundation, engineering and survey work is $167,500 total cost.
* An upscale 3,200-square-foot modular home delivered in eight pieces in Maryland had a base price of $300,000 but the extras, including a basement, septic fields, porches, a driveway, permits and other charges, bumped the total to about $560,000.
What should be included:
* No matter where the factory is located, modular homes are designed and built to meet state and local building codes at the home construction site. Modular sections are generally quite sturdy, because they're built to travel to the home site, and are usually fairly air-tight and energy efficient.
* One advantage of modular construction is that the process is much faster than with more conventional onsite home-building methods. Building the modules in the factory can take two weeks to three months; assembling them on the foundation can take several hours or several days. However, inspections and on-site work can add another 30-90 days to the construction process.
* The Modular Building Systems Association provides a brief guide to residential modular construction and a modular homeowner in the St. Louis, Missouri area shares his experiences and expenses.
Additional costs:
* Landscaping your new modular home is an additional cost to be factored into your budget.
June 23rd, 2009 at 6:47 am
Wait- What's a modular home?