'Which, for an 1,800 square foot modular home you can expect to be as low as $180,000 and as high as $360,000. 'Excluding the additional fees and land cost, the modular home will cost you between $100 to $200 per square foot. ‘Primarily, the cost of a modular home depends on the modular home floor plan selection,' Ron Wysocarski explains. ‘Modular homes typically cost 10 to 35 per cent less to build than on-site stick-built homes,’ says Kristina Morales. What does a modular home cost?Īlthough it’s not a rule, in general a modular home will entail a lower spend than a traditionally built home. Who should consider a modular home as an alternative to a traditionally built house? ‘A modular home is a good choice for a homebuyer who wants to get the most square footage for the cost and owns, or can buy, land where they can place the house,’ Morales adds. Kristina Morales explains: ‘Modular homes are considered houses because they: follow residential building codes are permanent are deeded as real property qualify for conventional mortgage loans and can appreciate in value.’ (Image credit: Deltec Homes) Is a modular home considered a house?Ī modular home meets the criteria of a house. ‘Manufactured homes are regulated by the Department of Housing and Urban Development (HUD) and must meet HUD’s federal manufactured home construction and safety standards.’ The sections are shipped to the building site on a trailer and then installed. Because of the size and weight of the sections, many localities require that a manufactured home be connected to a foundation. ‘A manufactured home also has built-in sections at a factory, but the sections are much bigger (about 8 to 16 feet wide and 20 to 45 feet long). Modular homes are built to local building codes and regulations.' This more sustainable way of life offers many benefits, like financial freedom and a lower carbon footprint. The sections are either bolted together or snapped together, depending on the type of modular home. Cara Fuller / Unsplash The idea of living off the grid has gained a lot of momentum in recent years. Kim Abrams, CEO of Abrams Roofing, explains the differences: ‘A modular home is built in sections at a factory and then delivered to the building site. However, a modular home should be considered as entirely distinct from a manufactured home. ![]() ![]() You might also be pondering the question of what are modular homes given that there are also manufactured homes and these, too, are built in sections in a factory. (Image credit: What is the difference between a modular home and a manufactured home?
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