Modular homes are an increasingly popular housing option due to their cost-effectiveness, reduced build time, and versatility. At Green Valley Homes, we sell a new modular home every day. We’re proud that our customers love their new homes. If you’re thinking about buying a modular home, this guide will help you. It covers everything from browsing floor plans to finalizing your purchase.
Guide to Buying a Modular Home
Builders construct modular homes, also called prefabricated homes, in sections or modules at a factory. They transport these sections to a home site and assemble them on a permanent foundation. Modular homes must comply with state and local building codes, similar to traditional site-built homes. They offer a great deal of flexibility in design and layout and are typically of high quality due to the controlled factory conditions and adherence to strict building codes. Our modular homes are only sourced from the highest quality manufacturers in Ohio.
The Benefits of Modular Homes
Modular homes offer several advantages, from how they’re built to how they can be customized. These benefits make them a cost-effective and flexible alternative to traditional site-built homes.
Because most of the construction happens off-site, builders can avoid weather delays and speed up the process. The factory setting also allows for better quality control, with precise construction methods, secure material storage, and less risk of damage or vandalism.
Modular homes are often more affordable than site-built homes thanks to the efficiency of the building process. Many are also designed with energy efficiency in mind, which helps homeowners save on utility bills over time.
In addition, modular homes offer a high degree of design flexibility. Buyers can choose from a variety of floor plans, finishes, and architectural styles to match their needs and preferences.
Choosing Your Modular Home
The journey of choosing your dream modular home is an exciting one, full of possibilities. It’s a time to imagine the space where you’ll make memories, grow, and build your future. As you explore the many options available, each choice you make—from the layout to the finishes—brings you closer to your ideal home.
Start by determining your budget. Know how much you can spend, considering not only the cost of the home but also the land (if you don’t already own it), site work, taxes, utilities, and landscaping. Next, think about the home features you want. Decide on the size and layout, the number of bedrooms and bathrooms, the style of the kitchen, and other key details. Remember to consider your future needs as well.
Research manufacturers to find ones with strong reputations and proper certifications. Green Valley Homes works only with the best manufacturers in Ohio and can vouch for their quality and craftsmanship. You’ll also need a local dealer or builder to manage the on-site construction, coordinate delivery, assemble the home modules, and complete finishing work. One of the benefits of working with us is that we handle all of this for you!
Financing a Modular Home
An effective guide to buying a modular home wouldn’t be complete with discussing financing. Modular homes are typically financed with a construction loan during the building process, which is then converted into a mortgage once the home is completed. You’ll need to apply for this through a bank or mortgage lender. Green Valley agents can help you shop around for the best rates and terms, and walk you through the lending process from start to finish.
Home Site Preparation
While builders construct your home in the factory, your builder will prepare your site. They will clear the land, lay the foundation, and install utilities. Your Green Valley agent will guide you through this process. It’s important for you to understand the steps and costs involved.
Installation and Inspection
Once the delivery team brings the modules to your site, builders assemble them on the foundation, often finishing within a few days. They then complete additional site work, such as connecting utilities and adding exterior features like porches or decks. A local building official will inspect your home to ensure it meets all code requirements before you move in.
Finalizing the Purchase
Once construction and inspections are completed, any final paperwork can be finished. This typically includes converting the construction loan into a mortgage, and transferring any necessary titles or deeds.
Moving In
Congratulations! Once all the paperwork is completed, you can finally move into your new modular home. As with any home, you’ll need to set up your utilities, change your address, and carry out any necessary steps to make the house your home. This might include landscaping, painting, decorating, and setting up home services such as internet and cable.
Maintenance and Upkeep
Like any home, a modular home requires regular maintenance to keep it in good shape. This includes regular cleaning, seasonal upkeep like gutter cleaning and checking the roof, and regular checks of the plumbing and electrical systems. Regular maintenance can help you avoid costly repairs in the future and will help your home hold its value over time.
Ready to Buy a Modular Home?
The process of buying a modular home can be an exciting adventure! These homes offer flexibility, cost savings, and often a faster timeline than traditional site-built homes. If you plan carefully, research thoroughly, and know what you want and need, you will be well on your way to owning a home designed and built just for you.
Remember, every buyer’s journey is unique, and there may be additional steps or considerations based on your personal circumstances, the local real estate market, and the specific rules and regulations in your area. Always consult with professionals like the Green Valley Home agents as needed throughout the home buying process.
