Modular Home Facts
There are some misconceptions about modular homes. We set the record straight.18 Facts About Modular Homes
- Modular homes are built in a factory environment with factory standards of quality control and then are transported to the permanent location of the home.
- Modular homes are set on a permanent foundation.
- Modular homes appraise the same as their on-site stick-built counterparts do; they do not automatically depreciate in value.
- Modular homes can be customized.
- Most modular home companies have in-house engineering departments and quality control departments that supervise the work.
- Modular home designs vary in style and size.
- Modular construction can be used for commercial buildings and office buildings.
- Modular homes are permanent structures and are generally assessed as real property.
- Property taxes on modular homes are the same as site-built homes.
- Modular homes can be built on crawl spaces and basements.
- Modular homes are considered a form of green building.
- Modular homes are faster to build than 100% site-built homes.
- Home loans for modular homes are the same as site-built homes.
- Insurance premiums for modular homes are the same as site-built homes.
- Mobile or manufactured homes require their own dedicated homeowners insurance.
- Modular homes can be built to withstand up to 173-mph winds.
- Modular homes can be built for accessible living and designed for future conveniences.
- Modular homes are as safe during storms as stick-built homes. In fact, standards for manufactured homes are more stringent than regional and national building codes for site-built homes.
Believing is not knowing.