In the modern era, a large number of people are opting for modular or factory built homes due to its feasibility, affordability and convenience. As per reports, more than twenty-two million people in the US live in modular homes and the number is estimated to rise to around 30 million by the end of 2020. A Modular home is often confused with terms like manufactured, mobile and prefab homes, although all these have different meanings.
Difference between mobile, prefab, modular and manufactured homes
Prefab homes are used for off the site construction of homes and constitute of mobile, manufactured and modular homes. Mobile homes are the prefab homes that have been constructed before the year, 1976, prior to the establishment of the HUD code for factory made homes were established.
However, on the other hand, manufactured homes are an upgraded and better version of the mobile homes that have been built after 1976. These are made by adhering to the norms of the federal building code and are built on steel beams to increase its strength. Furthermore, modular homes are built in factories away from the actual site by following the state building standards, unlike manufactured homes.
Modular homes are the new age solutions for a more customized, time efficient and economical way of living aptly suitable for the needs of both the baby boomers or millennial population. These homes are constructed in a factory setting in part and finally assembled at the site through strong and reliable fixtures. Once, the various components of the modular homes have been put together on the site, the homes become like any other on site built home in terms of rate appraisals and resale value, unlike manufactured homes.
Why go for modular homes?
- Modular homes offer sustainability
The escalating costs of real estate markets, expanding population, lower availability of space and increasing concern for preserving the environment is contributing to the popularity and growth of modular housing culture.Prefab modular homes are the perfect solution if one wants to live a green and sustainable life.
- Economical gains and fast turnaround
One can get energy efficiency and top class architectural designs in much lower costs as compared to on site built homes. Assembling modular homes is a swift process and great for those who are looking to shift to a new location in a short duration of time.In addition to this, the modular homes are constructed in bulk, thus providing cost effective measures for both the manufacturers and end users. Due to the minimization of interim construction financing, the cost of building these homes significantly comes down.
- Strong and well-built design
Modular, prefab homes and manufactured homes have been proved to be resilient and strong enough to withstand powerful winds like the tornado. Moreover, modular homes are constructed off site in a quality controlled environment. Thesehave flexible plans and can be custom made to suit the necessary requirement of the different customers.
- Prefab homes: a cheaper and ecological solution
Prefab modular homes have become the new raging sensation in the housing industry in the current times in order to cope up with rising prices of luxurious homes. Along with this, prefab homes are a great solution to reduce the carbon footprint on the planet by reducing the amount of space each person utilises for living. Many new age prefabricated homes are designed according to green themes wherein recyclable materials are used for sustainable purposes.
So, if you are looking to build your house on a tight budget and within a strict deadline, then modular homes are the way to go for you.