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Helping you avoid the wrong time to buy, the wrong location or the wrong house for your budget can all go a long, long way in making sure that you’re happy with the end result. Beyond that, realtors aren’t all the same, and you will need to find one that gels with your interest as a home buyer before choosing to go the length of the field with them. The world of real estate has its own language – with countless terms used to describe home construction and selling status.
The bottom line is that our modular consisted of substandard framing work, horrific drywall and trim work and a nightmare of logistics for finishing the project. The house has been saturated with moisture in unknown places and presents a serious mold threat. All this was accompanied by no support or follow up from Nationwide Homes.
What is Modular Construction?
This is a very logical question to ask before you make the biggest purchase of your life. Just like a stick built home the resale value of a modular home is dependent on multiple factors. Whether buying a traditional stick-built or a prefab home, it makes sense to check the quality of construction. You should hire a professional home inspector to perform a house inspection on either housing choice. It also means that your builders won’t have to make as many decisions during construction, and they’ll spend far less time on the construction site as well.
If your home has repair issues, the cost to fix them may also deter buyers from making offers unless you agree to lower your sale price. At minimum, homes showing evidence of poor maintenance, dirtiness and other problems lack curb appeal and home shoppers may bypass them completely. One attribute of stick-built homes is that their resale values tend to increase over time. On the other hand, the perception surrounding manufactured homes is that they don't appreciate much in value or that they may even depreciate in value. For example, the "Realtor.com" website says that manufactured homes generally decrease in value.
Reasons Modular Homes Are as Valuable as Stick-Built Homes
While new construction, whether modular or traditional stick-built, should follow local building codes, sometimes things are missed. Modular homes share similarities with traditional houses in that local building codes can dictate how the home is constructed. For example, the foundation may have specific requirements, or the roof pitch may need a certain height. Modular Homes are permanent residential and commercial structures which are built indoors in a factory setting.
Second, the price of a modular home does not include the cost of land or site preparation. In most cases, you will need to purchase land or prepare a site before you can install a modular home. The cost of land and site preparation can vary significantly depending on the location of your property and the type of foundation you choose. Stick-built houses are the most adaptable and hold their worth the best over time. Stick-built homes are built on-site, and the personalization options are nearly limitless.
Do Mobile Home Prices Go Up Over Time?
Here’s why these homes can be as or more valuable than stick-built homes when it’s time to sell. The builder brings all materials and supplies to the building site and constructs the home from scratch. We utilized Nationwide Homes for our build and have received "zero" support from them. It is ironic that modular companies promote "climate controlled" construction and then drive the modules down the highway through monsoon rains. Then after delivery you are left with a partially completed roof that proceeds to leak into your finished modules until your contractor gets his act together and "dries" you in. Keep in mind that with all the drywall, insulation, wiring and plumbing installed all this moisture presents a serious mold threat.
Stick-built construction is sometimes referred to as site built or on-site and is a more traditional method to build a home. The stick-built term comes from the fact builders would assemble the property one stick at a time on the home site. The type of home you build or buy also won’t affect your home insurance. Most insurers won’t even ask if a property is modular or stick-built because there is no difference in the quality or likelihood of damage. These code standards mean there should be no difference in quality between a modular and stick-built home. While you may be tempted to picture modular homes as relics of WWII-era housing or something out of the Sears catalog, this form of construction is alive and well today.
What’s The Difference Between a Modular Home and a Manufactured Home?
Even experienced homebuyers can come across a new term that changes how they approach a property. Stick-built homes are any home that is built on the land it’s sold with. These more traditional homes are often in higher demand and have a variety of benefits. When deciding on the type of home you want to buy, it’s important to weigh the pros and cons of different housing types.
While manufactured homes still face low resale values, modular home values have risen. The process of constructing modular homes has improved significantly, as have the requirements for these houses. As a result, modular homes are much more likely to see high resale values than manufactured houses. The appearance is customizable to the home owners preference for either type of construction. I think the mobile home has most people thinking that they are the same as trailers. A modular built home is a stick built home that is 90% completed off site and transported to a permanent home foundation.
A stick-built home provides better customization options than modular homes because a homeowner can choose the materials that will be used and where they need to be placed. However, modular homes have a limitation on customization because there are materials that were pre-selected in the factory. However, modular homes can also be custom-designed to match your taste and preferences if you are diligent and meticulous enough. Third, the price of a modular home includes delivery and installation costs.
To begin, we frame our interior walls 16 inches on center at MSC Enterprises, whereas many modular homes are framed 24 inches on center. This is a term used in the construction business to describe how far apart the timber beams used for framing are spaced. It implies that a home built by MSC is more structurally sound, offering you more options for features like big windows, French doors, and storage.
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