You are a builder-developer. You have a great piece of property to develop. The size is right, the location is perfect, and you have a great vision for how you want to develop this property. Yet one question lingers in your mind – how can you build out this property for the greatest profit?
Perhaps you should take a look at a growing segment of the housing industry – modular homes. Many builders just like you have discovered that this option is the best way for them to build out properties to the greatest advantage for both the builder and the home buyers. Modular home building is one of the fastest growing markets in the building industry, and for good reasons.
What many builders already know and what many more are learning is that there are great advantages in the modular home building market. Cost, efficiency, and quality are just the beginning.
Modular homes are built in climate-controlled factories where the builder is not a slave to the weather. Delays caused from undesirable weather conditions cost builders thousands of dollars each year. With a modular home, there are no delays to deal with. A home can be built from start to site-finished in less than 90 days. This saves both time and money, transferring more profits to the builder and greater savings to the home buyer. And, because of the climate-controlled environments, builders can make quality-built homes available to their customers year round.
Not only can a builder save on time when building a modular home, but he can also save on materials. Manufactured homes are built from the same quality materials as traditionally built homes, yet the builders can buy their materials in bulk, which means a great savings for the builder. This applies to all of the supplies for not only the exterior of the home, but also the interior features and appliances.
Saving on time and money are not the only advantages of modular home building. A builder also has the advantage of having all of his workers – from technicians to craftsmen – working under the same supervision. This brings a greater consistency to the quality of the work, as well as peace of mind for both the builder and the buyer.
There are many advantages to the modular home building market that will benefit both the home buyer and the builder-developer. We’ve already discussed how the builder-developer can save money by avoiding weather-related days and by buying materials in bulk. And, by having all of the laborers supervised together, the builder-developer can control the quality and consistency in the homes.
These advantages transfer to the home owners by allowing the builder-developer to offer homes built with quality for a lower cost at a more frequent rate. A builder-developer can build out his property with quality-built homes in a shorter period of time. And the buyer can have peace of mind in knowing that his home has been built with the same quality materials as a traditionally built home.
The buyer can also rest in knowing that his modular home is viewed by his financial institution in the same way as a traditionally built home, meeting the same construction code regulations and zoning laws. This allows many home buyers to qualify for home loans that fit within their budgets and offer competitive interest rates.
Since modular homes are inspected frequently during the total construction process, and quality-control is highly regulated, the home buyer can rest assured that his home with offer lower maintenance costs and energy efficiency, which will keep down his day-to-day expenses.
These advantages make the modular home appealing to home buyers who are looking for a quality home that won’t break their budgets. Therefore, a builder-developer can build out his property knowing that he will have many qualified buyers competing to buy his homes.
Another advantage for the builder-developer is the ability to offer customization to his home buyers. Prefab homes can be built from specific plans from the builder as well as custom plans that the buyer can provide. And by using the latest in computer technology, any plan can be changed further to the customer’s satisfaction.
Modular home plans cover all types of homes in all sizes, from vacation and starter homes to immaculate executive homes and even multi-family homes. Many builder-developers are also using the modular building process for professional office building development. The possibilities are limitless.
With all these advantages for the builder-developer, it’s easy to see why so many are moving to the modular home building market. Don’t you want to be a part of the fastest-growing home building process in the country?