For people who don’t have a fixed income, homes can be somehow expensive and can appear like a huge risk to get a hold on a several hundred thousand dollar mortgages. And nobody wants to be depressed in getting into their dream houses, only to end up being ejected or getting forced to sell it because of financial concerns. That’s why nowadays, more people are turning to “prefab homes” but there are some homeowners who are also scared of this type of homes due to its term.
Today, many people are looking into prefab homes since they offer home buyers with a custom, sustainable, eco-friendly building solution, and a lot cheaper than conventional stick-built homes. Probably you are reading this because you are looking for a more affordable housing situation, scrolling through the internet for hours and found some home kits that are for sale by a few kit home builders. Although the price tag on kit homes and prefab homes are quite alluring, there are some important things that you have to consider prior to assembly plans, ordering walls, and roofing. If you are deciding of building your prefab home, here are its pros and cons as well as its types.
#1: Affordable Price
The biggest advantage you’ll benefit from prefab homes is that they are no doubt a lot cheaper than contractor built homes and even more affordable than most modular homes for sale. Let’s take kit homes as our best example, these type of homes come in a wide variety of shapes and sizes from 2,000 square foot houses to minimalist little homes on wheels, and you will surely find a home kit for anywhere around $10 and $20 USD per square foot.
On-site construction commonly misspends much more materials that move into the building of the house. Aside from it is cheaper because it utilizes lesser materials, prefab homes also reduce costs because they don’t need plenty of construction laborers on site to help them construct the house.
Another is if you are turning for more eco-friendly home and would want to save money during the years you live in these homes, then prefab homes should really be in your mind. Prefab homes also follow strict design guidelines just as how traditional homes do. The seams in these type of homes are commonly airtight which avoid leaks and airflows that can make the energetic and economic cost of heating and cooling your house even greater.
Since more people are now starting to be more open for ecological and sustainable home features, a lot of prefab home architects and contractors are fabricating homes today that integrate all from insulation to solar panels, to wind turbines, to rainwater catchment techniques.
#3 Speedy Construction and Lesser Waste
If you want to move to your home as fast as you can, you can with prefab homes. Since the parts and pieces of a prefab home are assembled off-site, the actual time that builders need to attach the pieces on site is considerably shorter than the time required to construct a standard stick-built home. Also, because prefab homes are constructed in a factory setting, it only means that you won’t have any problem with on-site material waste, and if there is any left over from one home can be reemployed on another manufactured home.
So if you are on a compressed timetable and like to get into your new home in a prompt manner, then prefab home would be the quickest type of new home building available to homeowners.
#1 Transportation and Assembly Issues
The cost of transporting the parts and pieces of your future home can turn out to be expensive, depending on where you live. If you live in remote places then transportation fees can be pretty hefty since they will be getting all the parts of your home to the construction site.
Also, if the contractor you’ve hired lacks enough experience in assembling the particular model of prefab home that you’ve chosen, you are running the risk of a faulty assembly which can possibly result to failure, leaks, and other issues. Make sure that your contractor will have the right equipment to avoid severe damage with your prefab home during the delivery and assembly process.
#2 Restrictions in the Land
The great thing about purchasing a used home is that you are also buying the land it is placed on and the surrounding yard, which is all included into the negotiated price or purchase. You don’t want to waste long periods of time only to find out in the end that the cost of the land in the area you chose to put your home will add another thousand of dollars or even more to the final purchase price.
So before you decide where to put your prefab home, make sure that you do your research on the price of the land and if there are any restrictions on placing a prefab or modular home in that specific zoning district.
#3 Other Hidden Costs
Most affordable prefab homes in the web that offers 1,500 square foot home offered for only around $50,000 USD can be really encouraging. This may be a good thing for some, however, if you will look closely, these types of homes don’t include several other expenses that will multiply the final price tag of your home. Aside from mentioning the cost of the land itself, you also have to consider the cost of utility hook-ups including electricity, municipal waters, sewer, and the like.
So you want to make sure that you inquire well with what exactly is covered in the price offered by the modular home company. It is much better if you can find a prefab home company that already includes these hookups into the price of your home.
Ivandrea Ollero is a content writer who researches and writes custom content about home improvements, travel, finance, law, fashion, health, and beauty. She graduated from St. Scholastica’s College, Manila, with a Bachelor’s Degree in Broadcast Journalism in 2016. Ivandrea provides helpful tips and hacks on various topics for her readers. If she’s not in the mood to write, you can find her eating ice cream while listening to rap music.