Housing is skyrocketing, and consumers are considering alternative accommodations to traditional brick-and-mortar homes. Modular and manufactured homes have risen in popularity due to housing shortages across the United States. There are many more reasons why popular manufactured homes are returning. Discover why popular modular homes are seeing their star rise and how to capitalize on the trend.
Building Costs
Time is money, especially when it comes to building a home. Stick-built homes can take months, even years, to make with customizations, wait times due to shipping delays, labor shortages, weather-related delays, and more. On the other hand, a customized manufactured and modular home can be built in weeks which gets the keys into owners’ hands much quicker than traditional homes.
Affordability
The cost of living has increased substantially across all housing markets in the United States, from cities to rural areas. Affordability is critical for many individuals and families looking to save money while not sacrificing quality. Manufactured homes offer excellent, comfortable accommodations close to cities and amenities without going over budget. Since wages are not keeping pace with housing, manufactured and modern homes are looking to close the gap for potential homeowners to afford a place of their own. Investments in popular modular homes can increase equity more than traditional houses in the current market and foreseeable future.
Manufacturing Process
Construction of modular homes has increased in quality as they shore up processes to keep things streamlined but maintain quality control from start to finish. A controlled environment and assembly-line process can bring well-trained employees into work more quickly and efficiently than site-built home construction models for the industry. Homes are built with strict guidelines and can still be completed sooner than traditional homes.
Product Savings
Saving money is on everyone’s mind when building a home. Manufactured homes are built so consumers can save money on products, materials, appliances, and interior and exterior design features. Popular modular homes hold value and keep the customer’s cash up front and down the road.
Eco-Friendly
Building a manufactured home will be more eco-friendly than creating a building from scratch with materials that fill up landfills. Construction and building account for 39% of carbon emissions globally, with 40% or more of construction materials ending up in landfills. Environmentally conscious buyers will find mod homes use less energy, are easier to recycle and also offer tax credits in the meantime as they are recognized as a type of green building.
Modular and manufactured homes are rising in popularity each year. Get in on the trend sooner than later to save money, help the environment, and create a safe place to enjoy a home with your family for a long time.
