Facts about modular homes
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- Опубликовано: 8 сен 2024
- Modular Homes Are Financed and Appraised Much the Same as Traditional Homes.
Modular Homes are permanent structures and appreciate in value similar to traditional homes. Which is not the case for manufactured or mobile homes-which tend to depreciate in value.
They’re super sturdy and build to last and can withstand winds of up to 175-mph.
FEMA concluded in a study done by the damage done by Hurricane Andrew in Florida (Aug. 2012) that modular homes fared better compared to other construction.
Prefab Construction dates back over 100 years.
One of the earliest prefab homes was a mail order pre-built kit from Sears and Roebuck Co. They were similar to panelized homes, but had to be assembled by the buyer. They were advertised as “Modern Homes” with 400 designs to choose from. The materials were delivered in two railroad boxcars with a detailed instruction manual.
I live in a double wide (3 bd 2 bath) and it’s amazing. It’s was only $168k (in 2022) and was able to finance it with a credit score of 630 and making $24/hr at my current job. It was built in 2017 so it’s practically brand new. Would highly recommend for first time home buyers or small families.
Hey question where do I place one if u can’t afford to buy land?
@@amaniiexxchngeSave up and buy the land. You NEVER want someone else owning the land under your home. They can raise rates at anytime and even evict you and a mobile home is mobile but moving it is a nightmare and you cant really store it anywhere so you NEED somewhere to put it immediatly. And thats assuming you didnt jave it put on a permanent foundation in which case you are SOL entirley.
What bank you used?
Hey agent, send me some info, what state do u work in? And what I need
Thas what I tell everybody. It's great as a first home so you don't waste on renting and it's great as a last home because a lot of people like to down grade. Are you near the ny region?
We sold our traditional home in the city, bought 20 acres of land in the country and just bought a manufactured home! It’s a VERY cost effective and the second one we have owned since we’ve been married. We lived in our RV for 2.5 years until we decided to save some money and buy it. Home is just home! 😊
How does gas / electric work in a manufactured home ?
@@ngb802 it works exactly the same way it works in a site built home.
Im saving up as we speak
So am I 🎉
Howis that going i have a 4 br house rn i got from uncle i just gotta pay it off but its in my name but i wanna get and acre or so to get a modular home i have an other cousin who has one and i never knew it was a modular until few weeks ago they are very very nice and built better since i help uncle with remodeling on weekends in alot of new houses and new ones are built like shit i wanna self and buy spot for one
Same!
It does NOT matter where you stay and what it made of if and when a national disaster come thru and its in your path that's it or if it with in your home.. A Home is A Home💫✨..
The building kits you referred to (from sears&roebuck) are definitely NOT modular homes. They were lumber kits which were built on site.
if you live in tornado alley its coming down no matter what you have.
That’s for sure, I grew up in tornado alley. But disasters can happen anywhere so your house isn’t safe wherever you live.
@@Dana-ny3fg concrete is the key
@carlosovni7100 u rlly think a tornado can't destroy that either
Yes I want a modular sure !! I’ll take a 1975 trailer too
I'm partial to 1974 trailers myself
Modular homes can’t depreciate like mobile homes can. Only the fact that if that area depreciates. Modular homes are attached to a permanent foundation like site built homes are.
But if you buy the land … Because land is worth more than all homes.
Yes, I would. I already live in a house exact really such as the one that you described as a modular home in the end but it’s not that is a kit home from Sears home catalog and if you paid an extra thousand dollars, Sears would put it together for you, but most of the prices they were were without electricity or sewer so you had to pencil in an extra grand for all of that
As a European, used to fully cinderblock homes, and every professional craft part of the house done by Masters of their field (meaning they had completed a 3-4 year apprenticeship and 10 years of work experience before they can apply for Mastership) such as Stonemasons, plumbers, etc (not just trained on the job), American homes look like “rabbit hutches” to me.
Stick-built or modular, the flimsy wooden construction looks like it’ll blow away in the wind.
Most crews put these homes together in a half hazard way, especially the so-called framers, that thorough home inspections are a must.
I just wonder what an American construction crew would think if they were invited to build a European house, where the average time of construction (starting from pouring foundation) is 40 weeks compared to 40 days 😂
Manufactured homes go up in value too. We bought a 3 bed 2 bath manufactured home with 2.5 acres of land in 1995 for $69,500. We just sold this property for $375,000. So, tell me again how they depreciate? Also, it’s been in a storm with winds of 175 mph.
Yup, if you take care of it. No matter what it is everything can become a high value with lots of care.
The land appreciated. Your trailer did not
@@LucasFernandez-fk8se nope. Wrong. The lot next-door to me is exactly the same amount of land almost identical to what we have and it’s for sale right now for only $50,000. So don’t be talking about something you don’t know or understand.
@LucasFernandez-fk8se No, mobile homes/trailers are ramping up in value as well. All homes are, and apartments. Got a modern double wide and 10 acres 6 years ago for 80k. The 1 acre lot across from me was sold for 36k this year without a home included lol.
And when were you in 175 mph winds lol. I don't care how well built a home is, when it's in the path of winds at that speed, ain't nothing saving it, esp. a trailer lmfao. Come on.
Nothing beats cement and steel . No insects. High sustainability against winds . No rotting . Prove this wrong and i might be swayed to try a modular.
Have you seen the way homes are being built these days ? it’s like Lego land, cement and steel lmao maybe the old days these new houses are built cheap and fast
@@Karen-pu1kz - Pretty sure we are saying the same thing. Quality comes in the materials and workmanship. thus the "steel and cement" as the true sustainable homes.
I guarantee you, the people who bought from Sears hired people to put it together.
In a mobile home, wherever you are with it, you're always home
I just whant to said thanks for the info and you are very cute
Thank god I’m in Arizona
Why?
@@joevarga5982im guessing cause we don’t have to worry about natural disasters lol
@@CarolinaGomez-bo6ur Not true at all. Some areas near washes are prone to flooding during the monsoon season. Some areas are at extremely high risk of forest fires. And you can have both in one location.
There is one in my area and its been on the market for the past 10 yrs since built. Whomsoever lived in it moved out within 6 months after moving in
Quit the Corp scene, sold my HOA house & bot 25AC & am gladly putting a mobile on it. Less property taxes & Ins too! Theyve gone up in value bccnew ones are so much more pricey.
What about pouring a basement foundation?
Got me thinking of building the house in red dead 2
Yes, I saved over 300k. thanks but Id rather stick with modular amd prefabs. My property is heavily treed...so my trees block winds.....
Do they come with a lifetime supply of Wendy’s chili?
Big ups liquid richard
I just needed a place to live, it was under 200k with and ok
Mobile home is anything prior to june 1976. Manufactured homes today are much the same as any mod. Atleast here in ny you can look to make a profit on a Manufactured home/ aka mobile home. All of the codes here require them to be on a slab with a vapor barrier ao no longer on dirt which was the number 1 problem with the old homes. Only issue now is financing can be a pain in the butt sometimes because banks don't work with them yet. So companies such as first credit co and priority funding are great lenders.
I'm trying to owner finance a property that's ok with modified development and then eventually put a modular on it. It's really the only affordable way for me to get into a home that I own. I could rent forever but man what a waste.
Girl in my area Mobile homes had double from 2015. We bought ours for 45000$ we could sell it for 90000
Where is this
@@dcornelious8080 Ohio
Great homesa built better than site built in a building vs by cooki3 cutter home builders outside
Beautiful
Can you rent to own them. Because that would really help house the vulnerable... like myself 😊😊😊
Depends on credit I think they offer payment plans on most places though ❤
I like how you said it. It touched my heart so badly. I love you and wish you could get your desired home❤
Same…
The vulnerable?
Nobody will qonquer a house from bricks 😅💪
I was considering buying a house but the homes in Plano/Allen/McKinney, TX (north Dallas suburbs) have almost doubled.
Same. Considering buying land now and building instead.
Wel the manufacturer homes here since everything has really made money just like any other home the ones in the older or newer right now manufacture and modular homes sre 200-300k for just average little house on small lot some are on their own kittle lane but very small space the ones on the community 140-170k or more
I'd live in a modular home.
What credit will I need to at least attempt to qualify??
Anyone know who she is?
Some flaws with that…
1 175 mph is a wind zone 3, many manufactured homes can be a wind zone 3 for about 4,000$ extra
2 manufactured homes appraise in value (yes a little yes)
I dig the opal
YES!!! Just decide on a floor plan.
Explain? Currently interested and need more info, for the floor plan what do you mean?
When things break on a modular do you call a general contractor like with a regular house? Also, if you want a tub or appliance replaced do you get them from Lowe’s or specialty stores?
yup! think of modular homes as identical to stick built homes. anything you do to a stick built you can do to a modular. I'm the construction superintendent for a modular home builder and have set over 100 of them over the past 4 years
@@365kayak thank you for the information!
@@365kayakhello folllowing… who would you call to put a home on a basement? Is that a secondary company or does the manufacturer send people out to lay foundations and basements? Thank you.
Yes I would
Wait what is a modular home
Built together like lego pieces
The 2x4 or 2x6 constructed homes are built in a factory and arrive 90 percent complete to the job site. typically 2 pieces that are bolted together on the foundation
These homes have a place in society. That place is usually the bottom of the barrel! People who live in them were called "trailer trash"! They are all over Florida and look disgusting!
This is hilarious 😂
Link please
Your beautiful 🎉
Pp go whooooosh
You look really great btw
Appreciate in value? Ok…
I don't want my house transforming into little toothpicks in the wind, dreadful dreadful utterly properly dreadful.. Lord Dread-ful
Haha you seen the "regular" homes they build these days? They are crap. Regular homes doesn't even have an ounce of concrete/brick in them other than the basement/foundation. They are built to be destroyed. So they are now like to blow away than anything else.
People, don't waste your money on substandard modular. Build stick. Listen to 40 years of construction experience
Not everyone has the money to do so.
@@ms.valdez5633 I know the cost of both.
Yup no kidding like this person above paid $168k for a mobile home and telling people to do the same? WTH
ralph, nothing substandard about the newer modular homes. They are built in protected facilities and are fully closed in on the day of set so they're protected from the elements
Must be a liberal politician or running as one….sounds like one, lies like one, therefore must be one. But people will believe her with challenge or question….yep…that’s a liberal voter also.
Bahahahahah def not facts!
What a bum he don’t even have a job working labor ready how how did he get this kid w no stable income
Price?? After transporetation, putting together, licenses and permits??? $$$$?????
I couldn’t tell if this was satire or not