Modular Homes Cost Less
An industry indicator reveals that modular homes cost 20% to 33% less than traditional houses. If you’re a first time home buyer you may qualify for grants and other government assisted programs. Upon resale there is no requirement for a disclosure of where and how the house was built. Modular Homes also are able to cut costs on raw materials, as supply companies are willing to supply commodities in bulk at a lower price. Modular homes are thus built in a cost-efficient and quality controlled environment. They are constructed in about half the time of the standard stick-built house, which means lower loan costs. Quicker construction process allows builders a faster return on their investment. Also, the interest rates are the same for a modular home as compared to a traditional home.