• Townsend Home Sales is a leading source for manufactured, modular, and park model homes.

Compare Listings

5 Reasons Why You Should Invest in a Modular Home

5 Reasons Why You Should Invest in a Modular Home

What is a modular home? Despite common misconceptions, a modular house is not like a mobile home. A modular home or a site-built home is built to meet certain building codes. It can be a one story or two story home. This is to ensure the building has a permit, insurance, appraisal, and financing purposes.

Unfortunately, not a lot of homeowners take the modular home route, and this is mainly because of lack of knowledge. In this blog, you will find out 5 reasons why you should invest in a modular home.

1. Affordable
The first reason why you should invest in a modular home is that it is affordable. Thanks to bulk buy by the factory and reduced labor costs, modular homes are significantly less expensive to build than traditional homes, even if they are the same size with the same modern features. On most modular home wholesales, you can expect to save about 20% when purchasing a modular home. The investment is worth it with the return.

2. Built Better
Although factory-built homes seem like a turn-off, don’t be fooled. Factory construction means guaranteed durability, measured accuracy, and reliability. In addition, according to FEMA, modular homes are more like to withstand hurricanes and other natural disasters than traditional homes. Furthermore, the high-grade quality material ensures that the modular home requires fewer repairs and maintenance, saving you money in the long run.

3. Built Faster
If you’ve ever bought a traditional home, you know it takes months or even years to complete. But with a modular home, you don’t have to wait long for your dream home. Because modular homes are built in a factory, the process of building is not interrupted by weather delays. Most modular homes are completed within 30 to 90 days from when the permit was obtained.

4. Modular Homes Don’t Depreciate in Value
This is a big benefit to purchasing a modular home. Unlike traditional homes, which can go up and down in value, modular homes appreciate in value over the years. This is because they require less maintenance and repairs, and the home is in better shape than similar traditional homes that have been built around the same time.

5. Customizable to You
The last reason why you should purchase a modular home is that they are customizable to you and your style. A misconception about modular homes is that they all look the same. But there are hundreds of plans available in select modular home companies.

[Source]

img

Townsend Home Sales

Related posts

The Rise in Value for Mobile-Homes

Mobile, modular, or manufactured homes, call them what you will but this half a century old way of...

Continue reading
by Townsend Home Sales

Four Benefits to Mobile Home Park Investing

Back when the market crashed, real estate investments were easy to make. Almost every property was...

Continue reading
by Townsend Home Sales

The Best-Kept Secret in the Real Estate Investing Industry: Manufactured Housing

Mobile or manufactured homes are becoming a rising star in the REIT industry. This is because while...

Continue reading
by Townsend Home Sales

Join The Discussion