Owning a home or a piece of your own property has many benefits. You can customize and renovate the home however you want. You can make additions when you need something larger. You can sell the home for profit, if it is no longer working for you. You can also call that home your own, which is a benefit all of its own. There are many types of properties that people call their home, including residential properties, condos and even a modular home. A modular home is still a residential home that is built a little differently. Many people prefer a modular home over regular residential properties for many reasons.
Modular homes can look similar to residential homes, but cost much less. They cost less because they require less construction and less home building materials. They can also be built much quicker, which is important time constraints are a factor. Produced in one fifth the time and at half the cost of site built homes, manufactured housing assembled in a controlled, factory environment uses fewer materials and generates 35 to 40% less waste than comparable site built units. The reduction in materials and building supplies that are needed is better for the environment, producing less waste to store.
The lightweight of a modular home also makes it possible to transport the home. If you choose to move to a different area, you have the possibility of professionally moving your modular homes, whereas this would not be a possibility with a regular residential home. However, do not let the light weight materials of the modular home fool you, they are still built very strong and to withhold a lot of wind force. Modular homes can be built to withstand 175 mph winds. This ensures that they are just as safe as a residential home that is built into the actual land.
When you own a modular home, you also are likely to gain more appreciation on the value of your home. This is because you also own the land under the modular home. By owning the land beneath their homes, manufactured homeowners increase the likelihood of price appreciation. In 2009, about 74% of new manufactured homes were placed on private property. Additionally, if you decided to move your modular home onto a different piece of property, you could still sell the land. The land itself will have appreciated, and you could essentially make out double.
In addition to the many modular home benefits, there are also many different types of modular homes. Many people may be hesitant to purchase a modular home because they all look the same. However, this is not true. Modular home builders vary, just as normal residential properties do. The design of the modular home will depend on the modular home builder and their building choices. You can also purchase custom modular homes. This is a great option when you want to have some say as to the outlay and the design of your modular home. You can customize almost every part of it, including the location of the bedrooms and the bathrooms, the size and material of the kitchen, the size and material of the living room and even controlling the addition of the amount of closets and storage space that is available. The modular home benefits will save you money, time and will allow you to fully customize your home.
There are many benefits to owning your own home. You can also completely customize and change the way the home is, to fit your specific needs. This is also true of a modular home. There are many benefits of modular homes and they can be built in a variety of ways. You will also own the land underneath the modular home, possibly doubling the appreciation of your home?s value. You also have the option of having your modular home completely customized to fit your individual needs in a home.