How Much Does Modular Home Construction Cost?
A home buyer must understand that the cost of modular home construction varies from each home builder. Lots of modular home company will lay out different prices for their various home models. Some will mislead home buyers about the real overall price. That is why he must learn the different terms when asking about the price of modular construction. These terms will help him in his decision making later on.
Base Price of Modular Home Construction
On average, most modular homes have a base price of $50 per square foot, which includes the cost for manufacturing the modules of the selected floor plan. Customizations or modifications are not included in this kind of price. There is an extreme possibility that the final cost will change from a detailed quote. It varies with different floor plan options for the modular home.
Modular Home Construction Custom Price
Custom price is the cost for any customization or alterations or additions made to the original base floor plan. These customizations include garages, decks, porches and other separate or attached structures. The cost is also for what is done by the manufacturer in the factory. Usually, the average custom price is $60 per square foot. This may vary from one company to another as each company uses different techniques in building an energy efficient and superior performance modular home.
Delivery Price of Modular Home
When modules are delivered into the location site, home builders may charged home owners the delivery price. It is the price given after the modules are set- up and secured in the foundation of your home. Often this price includes the fastening the modules to each other and adding roofs or dormers, and on average has a starting price of $65 per square foot.
The delivery price may be higher when the road into your location site is difficult to pass through or is far from the factory. You may need to discuss with your general contractor about this concern.
Finished Price of Modular Home Construction
Averaging from $110 per square foot, the finished price is the highest price a general contractor or manufacturer will give to a home buyer. It covers the previous price and the costs for site preparation, foundation, and home additions like decks or porches. This price is highly dependent on the costs quoted by the general contractor or manufacturer.
All- In Price of Modular Home Construction
The total cost of modular home construction is termed as all- in price, which is impossible to determine. It includes everything about the building process of your modular home, such as cost of land, site work, landscaping, taxes, and other fees to complete the intended home. This price is dependent on a home buyer’s capability to build and own a home, and the design of the modular home. That is why it is suggested that a thorough research should be made prior to the initiation of the construction. Asking the hands of a general contractor, home builder, manufacturer, local building authority, and utility representative helps in determining the all- in price of the modular home.
Each modular home has its unique design, which prompts for its different price from the other designs. To determine whether you are ready to have a good investment, you may need to consider different factors before building a modular home. And always remember that there are modular home construction loan available today.
“With its superior quality, energy efficiency, strong and budget friendly modular homes, Legendary Homes is one of the trusted modular home builders around Clarklake and Jackson Michigan for over 20 years of experience now. Legendary Homes helps in site location, acquisition of permits, excavation, foundation (including Insulated Pre-Cast Foundations), landscaping, breeze ways and other services needed to complete your home. As a company that prioritizes its customers, Legendary Homes allows you to customize your home. And most importantly, we assist in modular homes financing by working with the top lenders in Michigan.”
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