On average, the cost of a modular home can save a homebuyer around 20-30% compared to if they chose a stick built home. With these savings, many modular home owners use that extra savings to spruce up their yard, get a pool, or install playset for the kids!
However, home owners should understand that these savings typically come from working with an experienced modular home seller who understands the market and can help them navigate through the technicalities of additions and utility hook-ups.
There are two ways in which a modular home is sold:
Option One:
The modular home builder will do everything necessary to create the home properly from the ground up while helping with financing, implementing utility technicalities, and obtaining the proper permits.
Option Two:
The homebuyer will arrange for certain technicalities to be set up and created, like foundations, septic systems, driveways, sidewalks, electrical and plumbing connections, garages, and porches. There are even instances of homebuyers having to arrange for crane and home placement onto the foundation or even delivery to the site.
Many homeowners don’t feel qualified to take charge in these scenarios. Most people who choose the second option end up spending more than if they had gone with the first option.
So if you decide to let the home builder take the lead, here are some factors that play a role in the cost of modular homes.
How Much Does it Cost to Deliver a Modular Home?
The delivery cost of a modular home depends on the size of the home, the distance it travels, the amount of crane work involved, and the number of people helping with installation. However, the average cost of delivery is somewhere between $5,000 and $10,000. This cost is normally priced higher by transport companies when they realize the one arranging for the delivery is not a professional. The price is typically lower when the transport company realizes they are working with a professional that will have the site ready for them.
How Much Does it Cost to Move a Modular Home
The transitioning cost of a modular home from one permanent placement to another depends on the size of the home, the distance you choose to move it, the permit fees involved, and the set-up for the second location. This could cost anywhere from $5,000 to $15,000. Once again, t, resulting in a lower cost to you.
How much do Modular Home Permits Cost?
Most modular home builders will understand and obtain the permits that are necessary to place a home on your property. These permits include building permits, mechanical permits, driveway construction permits, and sometimes more. When packaged as a single bill, these fees can range from $500 to $5000.
How Much Does it Cost to Prep My Land for a Modular Home?
This totally depends on how much excavation and land clearing there is. You should expect to pay at least $5000 for land preparation for your modular home.
As you can see, choosing to work with a Modular Home Builder that is a one-stop-shop will save you money. It’s as simple as this: If you’re a home buyer who might choose to build one or two homes in your lifetime, these homes will be priced higher than if you go through a Modular Home Builder who can get your home at a discount because of their frequent purchases. Furthermore, since modular home builders order 30-60 homes a year, they’ll almost always get preferential treatment when it comes to scheduling.
If you’re interested in learning more, here’s everything else you need to know about modular homes. If you’d like to save lots of time and money, and if you’re interested in working with Century Home Builders to build your next modular home, check out our floor plans!
