5 reasons why modular homes in California are a great investment - Easy Living Homes (2024)

5 reasons why modular homes in California are a great investment - Easy Living Homes (1)

Modular homes in California are a very popular and desired choice. There is a total of approximately 18 million people living in these attractive manufactured homes throughout the nation. Five reasons why these homes offer great investment potential are presented here.

1. Quality control and precise state and HUD Code building standards in a controlled factory by a reputable manufacturer make this type of home as well-builtas site-built houses.The same roof trusses, siding, doors, windows and other components are used in both. Often the manufactured home uses 2×6 exterior construction, which is superior to the 2×4 construction in the typical site-built home. HUD inspects for workmanship, durability, strength, design, construction, fire resistance, energy efficiency and more. Manufactured homes have been found to be safer in a variety of ways and have a lower rate of fires.

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2. The original price and resale value can be lower than for a site-built house, so it would be more appealing on the real estate market both for purchase and later for resale. There are hundreds of floor plans in varying styles that look just like the other homes in the neighborhood and thus can compete for purchasers. Styles include bungalows, ranch, Cape Cods, Southwest types with tile roofs and stucco exteriors, and others that can be custom-built to fulfill the owner’s dreams.

3. A well-built modular home should appreciate at approximately the same rate as a stick-built home, especially if it is anchored and blocked properly and set up on a concrete pad foundation. University studies have shown that a major factor in appreciation is location along with an attractive and well-maintained appearance outside, inside, and with appealing landscaping.

4. A modular home can often be financed as real estate, including by the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA), if the home and land are purchased by a homeowner, when both the home and land are considered to be a single piece of real estate by the state, and the home is on a permanent foundation. Alternate financing can be through the retailer where the home is purchased or through personal financing at a savings association, bank or credit union.

5. Modular homes in California that are well taken care of and which are in good neighborhoods have an excellent chance of being viewed as an outstanding investment.

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5 reasons why modular homes in California are a great investment - Easy Living Homes (2024)

FAQs

What is one advantage to a modular home? ›

Lower costs – Modular homes are less expensive than site builts (though they might be a bit more costly than HUD Mfg homes), making them affordable for more people. Easy to install – Placing modular homes is quick and efficient, letting you move in soon after your new home is ready.

Is building a modular home a good investment? ›

Modular homes in California that are well taken care of and which are in good neighborhoods have an excellent chance of being viewed as an outstanding investment.

Why do people like modular homes? ›

Cheap Materials are Used in Modular Homes

Modular homes are constructed with the same high-quality building materials as other homes. The fact that they're just built in a climate-controlled construction site means weather conditions do not impact the building schedule and quality control is easier to monitor.

What are the pros and cons of modular housing? ›

Here's why people are so interested in getting them by each major selling point.
  • Cheap Cost. Modular homes are usually 15 to 20 percent cheaper than stick-built homes. ...
  • Quality Control. Modular homes are well made. ...
  • Speedy Setup. ...
  • Energy Efficiency. ...
  • Financing Difficulties. ...
  • Finding Land. ...
  • Mixed Perception. ...
  • A Lack of Customization.
Jun 8, 2024

Why is modular building better? ›

Modular construction offers significantly greater quality control compared to traditional methods. Since the majority of construction occurs in a controlled factory environment, meticulous quality control measures can be implemented. This ensures that the final product meets high standards and specifications.

What are the main advantages and disadvantages of modular? ›

The modular is fast and easy to integrate because they are pre-built and usually require no calibration. Also, it does not require any specific equipment, thus suitable for any business type. The development cost is lower. Coming to the disadvantages, they have a limited number of configurations.

Are modular homes better for the environment? ›

They not only are cheaper and faster to build but they also can be more environmentally sustainable. Research has shown that modular building has multiple environmental benefits including waste reduction, a smaller carbon footprint, and greater energy efficiency.

Is it cheaper to build or buy modular? ›

Is it cheaper to buy a modular home or build? In most cases, modular homes are less expensive than building a house, mainly because there's less labor involved.

What are the risks of modular housing? ›

One of the primary risks associated with modular construction is transportation. Modules are often damaged during transportation due to accidents, poor weather conditions or improper handling.

Why are modular homes energy efficient? ›

In modular homes all of the appliances used are energy star certified. The windows are insulated as are all of the wall, ceiling and floor panels. Because they are built modular style, they are insulated better and the insulation does not stop at the wall stud. This reduces home energy costs.

What are the advantages and disadvantages of modular construction? ›

Let's start with the many advantages and benefits to modular construction.
  • Saves Time. ...
  • No Possibility of Weather Delay. ...
  • No Need to Store Materials. ...
  • Lower Labor Costs. ...
  • Lower Volume of Waste. ...
  • Mass Production / Limited Variety. ...
  • Higher Amount of Complex Decisions / Front Loaded Design. ...
  • Approval Process Can Be Complicated.
May 6, 2019

Are modular homes safe in a tornado? ›

These structures are made inside factories, so the materials that go into your home reside in a controlled environment with little moisture. Modular homes are built to be safe in case of a tornado or storm, and inspectors check surfaces for structural soundness before shipping.

What are the risks of buying a modular home? ›

Of course, modular houses have their downsides. These include less customization capabilities than stick-built homes. The cost of the land and construction of the home may be higher than some people can afford, land restrictions, and perceive quality issues. Modular homes may also have more a complicated loan process.

What is the major difference between a mobile home and a modular home? ›

Both mobile homes and manufactured homes are prefabricated structures, built in a factory on a permanently attached chassis before being transported to site. A modular home, on the other hand, is built to the same local, county, and state building codes as a site-built home.

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