Modular Homes Sell For the Same Money as Traditional Homes, But That isn't the Best Benefit

One of the most common questions asked to bankers, builders and realtors regarding modular homes pertains to their resale value. “When I sell my modular home, will it sell for the same price as a stick built home that is comparable?”

Many people wonder about the resale value of a modular home. Oftentimes however, your profit will be higher, provided you have maintained and cared for your home, because modular homes cost about 10-15% less to build. Modular homes are appraised to the same standards as a site built home, so both types of homes are assessed at the same amount.

So now that this question has been answered, let’s point out some of the other benefits of modular homes. They are built much faster; in approximately 10 to 12 weeks from the day you decide to build a modular home is when you will get the keys to move in. The modules are built in a factory and delivered to your building site. From that day the process takes about 3-6 weeks to complete.

However, these benefits above are not the best part of building a modular home. Talk to anyone who has built a traditionally constructed home and they will tell you that it cost far more than they had initially planned. When building a modular home, your budget is solid. The pricing is guaranteed, unless you make a change in the building process. When you decide on a floor plan, the cost of building that home can be priced to the dollar. At Avalon there are no surprising material costs or labor costs. That is the biggest advantage to building a modular home.