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Modular Home Pricing Myths
A word should be said about modular home pricing. It is not possible to give you specific prices since there is a great variance in site, transportation, labor, quality, and other costs from market to market and even site to site. Here are the 3 biggest myths and the truth that debunks them.
MYTH: Modular homes can be bought for a fraction of the price of a site built home
TRUTH: Although modulars are often a solid bargain, you should not expect an unrealistic discount to other types of building. When you purchase your new modular home you are choosing unmatchable quality and speedy completion. If a modest savings accompanies those features you win in every way. As in any business you will find as many pricing policies as you will builder/dealers. Be alert. Sometimes there are genuinely good buys, but watch out if it sounds too good to be true.
MYTH: Small affordable modular homes are the best buy
TRUTH: Not necessarily so. Of course small modular homes are a great value. Generally they are priced competitively and are far superior in quality. However, as the home size increases the modular gains in cost efficiency. After all, the savings on a modular is on materials and labor. It logically follows that the bigger the house, the more materials and labor, the greater the savings. Your ModularCenter affiliated builder with speak to you in detail about pricing your home.
MYTH: Modulars are more difficult or more expensive to finance
TRUTH: The myth couldn't be farther from the truth. The modular home is as financible as its site builder sister. Some banks even specialize in modular lending. Check out our finance section for details on some banks that we recommend.
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