Why You Should Invest In Modular Homes
by Erin Bates, Senior Tax Lien Adviser
The Misconceptions of Modular Homes
Many people believe that modular homes are the same as mobile homes. While the names might be similar, they are actually very different. Mobile homes or manufactured homes are built on steel chassis with wheels attached and are removable. On the other hand, modular homes are permanently affixed to a foundation and are treated like any other home.
How Modular Homes Are Built
The biggest difference between a modular home and a traditionally built home is that modular homes are built inside a factory – not from the ground up on a construction site. Unlike mobile, or “manufactured” homes, modular homes are designed, built, and inspected in accordance with the Florida Building Code. This means that the modular home must be installed on a permanent foundation by a licensed contractor.
While both manufactured and modular homes are built in environmentally protected building centers, they differ in that the construction of manufactured homes is regulated to be built to local state construction codes. Some states, however, have adopted one of the uniform construction codes such as UBC or IRC.
A modular home can be built as an “on-frame” or “off-frame” modular. On-frame means that it will be built on a steel frame or chassis. That steel frame is left in place when the home is installed on the site. In comparison, the off-frame modular will be built with the plan to remove the chassis frame when it’s delivered to the site. Off-frame modular homes typically require cranes to assist with the placement.
Advantages to Investing in Modular Homes
A modular home will likely be much more affordable than a comparable house that is built on-site. Because it is predominantly built inside a factory where there are no weather delays and the builder can take advantage of economies of scale, a modular house simply costs less to build. Quality, factory-based engineering, coupled with rigorous inspection, results in a home that is just like a site-built structure, if not better.
Since modular homes are not required to be built on a permanent chassis, there are more design options. You can range from base unit options to upgraded units depending on your budget.