Buying a modular home is a wise decision these days for many different reasons. Today’s consumers are looking for value for each and every dollar they spend, and modular homes deliver just that. The quality of modular homes has been improving in recent years, so they can be a better choice than conventional construction in most areas. Do not think that modular homes cannot live up to the dreams you have for your dream home.
Currently, modular homes are being built to a greater number of specifications and architectural designs than ever before, including multi-level, split-level, neo-classical, and many traditional home styles. Most of the time, if it’s something that you can imagine, there’s a company out there that can build it modularly. The following are a few reasons why modular homes can be a great bargain in the long run.
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They can be completed Faster
There is no doubt that modular homes can be built faster from start to finish because the bulk of the construction, including HVAC, electrical systems, and plumbing is usually carried out under controlled climate conditions in a factory. The majority of everything is completed in the factory, including the installation of cabinets and doors. The modular home leaves the factory with most of its fixtures, plumbing and electrical already in place. When the modular home arrives on site ready to be set on its foundation, there are fewer jobs for contractors and subcontractors to complete. With traditional construction, issues with weather and scheduling always seem to crop up. However, with this new method, these issues can never arise. That means that you are able to save a lot of time and, as we all know, time is money, especially when building a new home
Saving on construction time saves big interest
Typically, the first payments of a construction loan are interest payments. It is not uncommon for a construction loan for a conventionally constructed home to last anywhere between 6 and 12 months. When you consider how much time you will save by cutting construction time from 6 to 2 months, think about how much interest will be saved on the loan before it becomes a conventional mortgage. The savings will be even greater on larger projects. If you are required to carry the construction insurance modular homes can save even more. Because the structure is not exposed to acts of nature during critical stages of framing and construction, insurance rates are much more reasonable as well.
Less Wasted Material
Since modular homes are built in climate-controlled factories, material loss is kept to a minimum. A conventional construction site can lose a lot of money due to poor weather, theft, and poor construction conditions, making modular home construction a better option.
More durable construction
Module homes must sometimes be transported hundreds of miles from the factory to where they will be placed on a foundation, for this reason they are held to a significantly higher standard in most areas of construction, so they will be able to withstand moving. There are a variety of flooring options that include engineered floors on top of thicker sub floors which can be nailed AND glued. There are double and thicker rim joists as well as thicker wallboards on the ceilings and walls. It is possible to leave many of the additional supports and bracing that are required for transportation in place during the building process, which can result in a stronger, more durable structure that can withstand the forces of nature better than most conventionally constructed homes.
So, if you are in the market for a new house, it’s time to think about modular homes. The advantages of investing in real estate are many, the savings are great, and the risks are almost nonexistent. Oftentimes, lending institutions are aware of the advantages of modular homes and are more likely to process loans in a timely manner. Almost a century after they were first conceived, modular homes have come a long way. There is no longer any reason for modular housing to be considered second class housing as it may once have been. Today, it is of the highest standard and is comparable to any other method of building a house.
Lanre Mullins Abudu has launched the start of a campaign that looks set to challenge the status quo in the property market and perhaps reduce the huge housing deficit in the world starting in the United Kingdom as he
Lanre Mullins Abudu
launches his campaign Magnum Opus. Featuring prefabricated homes, modular homes combine the advantages of prefabricated homes with the advantages of modern home ownership, and this is precisely what the company aims to accomplish.
For more information about Magnum Opus and the unique solutions offered, visit – www.magnum-opus-homes.com.
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