Modular homes can cost less than other homes. The final cost estimate always depends on customization, the contractor, and other upgrades. A modular home is a great way to build the home of your dreams but it can become more expensive than other homes if there is not a budget. Here are some tips on building a modular home while keeping costs in check.
Modular Home Prices
A basic home structure depends on the floor plan selected. A base price will be available online for people to view but the final price depends on taxes, delivery, and set-up of the home. There are fees to bring in a crane, finishing work to the interior and exterior of the property, and other amenities. Some costs are optional while others are not. These vary depending on whether or not a person is developing on undeveloped land or pre-developed property.
Adding Up the Costs
Adding up the costs of building a modular home starts with understanding where the costs come from. A modular home must be anchored the first o a foundation. Starting from there, the costs go up:
- Foundation: decide on a basement or crawlspace. A basic poured basement costs up to $60,000 for a ranch home in some areas that is under 2,000 square feet. A basement provides additional storage. The costs will vary with the size of the home or extra living space added
- Block crawl space with access panel and insulation will cost up to $30,000 for the same amount of square footage as a basement
- HVAC systems including furnace, AC, air ducts, and gas lines will cost up to $20,000 for a ranch under 2,000 square feet. Costs vary depending on where a person lives and the contractor
- Garage spaces for 2 cars can cost around $50,000 to build. This includes poured floors, insulated walls, roof, and door
- Hookup for water or well can cost up to $15,000
- A driveway is typically $10-$12 per square foot for a 4” thick drive. This depends on poured concrete, gravel, or other types of driveways that determine the overall cost
Electrical, gas, and other costs should be factored in, as well. When running estimates, make sure to get all the numbers before starting and layout the budget. There should be some wiggle room for fluctuation of numbers since the building can almost always cost more, sometimes less, depending on the features.
The final costs are typically under $300,000. Modular homes are dependent on many factors but the same home would cost more than double pre-built. Don’t sacrifice quality or flexibility when looking at homes. To feel comfortable, meet with a builder who will work with you upfront and determine your needs and costs. Typically, it will be more affordable to go modular than it would build a traditional home.
Green Valley Homes offers a large selection of Modular homes, multi-sectional homes, and pre-owned homes. Our full-time, professional staff can help you write up a budget and get your modular home built quickly and affordably. We are here to help you build the home of your dreams. Call us if you are ready to get started today: (740) 385-2434