In Ohio, is it cheaper to build a stick-built home or buy a modular home?
Modular Home Questions January 1st, 2010I have found the perfect modular home and had plans of putting it on permanent foundation, getting the option of full drywall, and have brick foundation as opposed to block. All of which fool you into thinking the home was built on-site. However, due to problems with finding land without deed restrictions, etc., I may be forced to look into other options. To get the exact flooplan I want, I would rather stick-build. But is this the most cost-effective option? Are there ways to save money in stick-building as opposed to modular. I’m on a rather limited budget!
January 1st, 2010 at 3:22 am
I’m sure you can find a nice looking modular that would be less expensive than the same sq. ft. stick-built. My main concern would be the resale value. I purchased a modular several years ago with full drywall and a brick foundation. When I went to sell it I found that even though it looked like a stick-built home, by law it had to be listed as a modular. You can check with a local Realtor to see if this is the case in your area. I actually lost money on that home because no one wanted to buy a modular. The manufactured home has come a long way over the years but there is still a mind set with the general public that it is an inferior home. Personally I will never buy another manufactured for that reason. As far as saving money on a stick-built, the only way I know of is to do some of the work yourself or find a friend(s) that can do some of the work for less than the contractor. Good luck.
January 1st, 2010 at 3:22 am
Hi there,
Not sure about Ohio, but typically it may be worthwhile looking at resale homes. Find a property that is undervalued because it needs some TLC.
I’m speaking about a coat of paint or other cosmetic upgrades. (not heavy construction, termites etc…)
They generally can be less costly than new. Plus – the landscaping has been done.
Hope this is of some help.
Good Luck to You.
On the subject of limited budget, we may be able to assist with a perspective or 2 – if interested in more info – please drop us an email.
Keep Smiling!
January 1st, 2010 at 3:22 am
3 years ago I was in your shoes except I had the property, and was trying to decide whether to build or buy a doublewide. the only benefit I could find to the trailer was time savings, they haul it in, push it together and you move in. However to get a QUALITY doublewide we were getting into the $72,000.00 range.
We built a 2000 sq ft ranch style for $58,500.00. to do that we only paid someone else to frame it up and hang the drywall and lay the carpet. the rest was done ourselves. Took 9 months but was well worth it.
It should be noted I’m a licensed electrician, and have friends in almost all construction trades who helped for free. Unless you are capable of doing alot of the work yourself you might want to go modular.
you can call lowes or home depot and they will give you a real close estimate of the cost to build what you want. good luck.
also I’m in southern Ohio