Considerations in a Modular Home Purchase


Considerations in a Modular Home Purchase
By Scott Rogers • March 3, 2017
image source According to Wikipedia, a stick-built structure is "one constructed entirely or largely on-site," as opposed to a modular home that is "divided into multiple modules or sections which are manufactured in a remote facility and then delivered to their intended site of use." My experience in chatting with buyers over the past 14 years has been that there are mixed opinions on modular homes. For example, some would suggest that . . . stick-built homes are more structurally sound, as they are built on the piece of land where they will permanently reside --- and fit themselves, structurally, to the contour of the land as they are built modular homes are more structurally sound, as they are built in a controlled environment, without being exposed to precipitation, wind, etc. during the construction process modular homes allow for a faster construction schedule stick-built homes allow for greater design flexibility However, an equalizing factor that is important to remember is that there are both high quality, and low quality stick builders and modular home manufacturers. Overall, my experience indicates that modular homes sell at slightly lower prices as compared to stick built homes -- and some of that is solely as a result of some buyers being hesitant to purchase a modular home. Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 21, 2024 (unless otherwise noted).
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