In the recent years, a modular building has gained a steady growth in the industry. It is in fact considered to be one of the fastest-growing segments of the construction industry, as it champions the costs, building efficiency and quality. With these reasons alone, it’s not surprising how it gradually becomes a housing option favorite.
But before you head off to Louisiana modular home dealers like Lane Thomas Housing, you must do your homework. Let this article enlighten you.
Modular is Different from Mobile Homes
Though both are manufactured beforehand, mobile homes are assembled off-site and transported as it is. Modular buildings, on the other hand, are built on-site and are delivered part by part. In addition, mobile or manufactured homes conforms to the federal code promulgated by the U.S. Department of Housing and Urban Development (HUD) widely known as HUD code. A modular or prefabricated home on the other hand, yields to the building standards where it will be delivered to.
Not All Modular Homes Look Alike
Every manufacturer use design programs and applications to build and draw plans based on your specifications. They modify each of the structure to meet your needs and wants. Although they may look basic when not yet built, you can clearly see the different once the construction begins.
Banks & Lenders Can Finance Modular Homes
Since it is built and assembled on an actual piece of land, mortgage lenders, appraisers and brokers treat it almost the same as the conventional homes. The only difference between prefabricated and traditional home is the manner of construction since they are manufactured beforehand.
Modular Homes are More Affordable to Build
Construction costs for modular home are lesser than that of site-built. It also offers cost-efficient features that are often not present to a conventional house. What’s more is that it takes only a few days or weeks to finish and there are no delays in the completion. The materials used during the production are energy-efficient which cuts down your cooling and heating costs.
Knowing these things will help you decide whether you’re willing to set forth with modular homes. Be sure you’ve read and study everything to prevent making mistakes as you proceed with the construction of your home.