How Much Does A Modular Home Cost?
Modular home prices vary depending on the size and style of the home, the manufacturer and what amenities it has. Cost is also affected by location; prices are more in areas with a high cost of living than in areas with a low cost of living. The cost of modular homes range from $50-$100 per square foot. A 1000 square foot home ranges from $50,000-$100,000. In addition, to the modular home cost, there will be land costs, set up fees and utility hook up charges, plus other expenses; addition costs range from $5000-$50,000. The cost of modular homes with everything included ranges from $70-$150 per square foot.
New Modular Home Prices
New modular home prices range from $50-$100 per square foot; however, the average new modular home cost is $60-$80 per square foot. A 1000 square foot modular home ranges in price from $50,000- $100,000; however, their average price is $60,000-$80,000. New modular home prices vary due to the home’s size and style, and what amenities it has. Cost is also affected by the manufacturer and on location; these homes cost more in areas with a high cost of living than in areas with a low cost of living.
Modular Home Manufacturers
The cost of modular homes vary per manufacturer; however, they generally only vary by a few dollars per square foot. Some manufacturers make only one style of modular home, while other manufacturers make several different styles. Some of the most popular modular home manufacturers in the United States are Champion Enterprises, Clayton Homes, Fleetwood, Skyline, Oakwood Homes and Discovery Custom Homes; they all offer very competitive prices. Some manufacturers make “green homes’ that are made from recycled materials.
Cost Variation According To Type
There are many different sizes and styles of modular homes available for people to choose from; small, two story, log, green and luxury modular homes. Small modular home prices range from $50-$60 per square foot, while two story modular home prices range from $60-$80 per square foot. Modular log homes, green homes and luxury homes cost from $70-$100 per square foot.
Affordable Modular Homes
Those looking to purchase a cheap modular home can either buy a basic small one or purchase one used. Cheap modular homes can also be purchased direct from the manufacturer or wholesale. Used modular home prices range from $20-$50 per square foot, while direct from the manufacturer or wholesale cost $40-$60 per square foot.
Building A Modular Home
The large majority of building a modular home happens in a factory; 70%-80% of it is built in a factory. The walls, floors, and roof of the home are all constructed in the factory. Once purchased, the home is shipped in sections and put together on site using a crane. It takes from 1 week to 3 months for a modular home to be built in the factory and another 2-4 weeks for it to be built on site. Due to state laws and regulations, a professional builder will be required to do the on-site construction of the home; homeowners cannot do it themselves.
How Much Do Modular Homes Cost To Build?
Once a modular home is purchased it will be delivered to the specified location where it will be finished being built. The cost of building a modular home is usually included in the purchase price of the home, but sometimes it is not. If homeowners have to pay to have the home built once it reaches their site it will cost them from $10,000-$40,000. The cost of building a modular home varies per contractor and location.
Modular Home Builders
Modular home builders charge from $10,000-$40,000 to build a modular home; however, most modular homes include on site building in their purchase price, so homeowners will not need to hire a builder. Builder costs vary depending on the size and style the home is. The average builder charges around $30,000 for site prep, foundation and building the home on site. Prices also vary due to location; builders located in areas with a high cost of living cost more than builders in a low cost of living. Builder costs also tend to be more expensive if the home is being set up in an out of the way location that is difficult to get to.
What Is A Modular Home?
A modular home is a house that is 70%-80% built in a factory. When purchased, the home is transported to the specified location where its construction is finished. Modular homes are built on a solid foundation and once they are built they are almost impossible to tell apart from a traditionally built house. Modular homes have been rising in popularity over the last twenty years as they are less expensive than traditional housing, can be ready to live in in just a few months and can be made of recycled materials so they have less impact on the environment than a traditional house. Modular homes come in a variety of different styles and sizes, and can be just as luxuriant as a traditional home. Modular homes can have all the amenities that a traditional home has; they can have things like vaulted ceiling, whirlpool baths, fireplaces, fully-equipped kitchens, attached garages, walk-in closets and much more. Modular homes are not the same as mobile or manufactured homes.
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