Modular, manufactured and site-built homes

Modular and manufactured homes – technically defined, they are different. So are site-built homes. This difference is an important factor that affects the value of a home – both its price and resale price. So in case you are planning to buy a house or build one, it would be worthwhile to know the difference. There are different restrictions set on building these kinds of homes. If you are planning to acquire a house, a professional appraiser or a good appraisal company may be able to give you relevant advice on the value of the house. If you are planning to sell a house, an appraisal would still help you sell it for a good price. In the event of purchasing a new property, it is essential that you buy a house with good resale value. This will ensure good returns on your investment at a future time.

Modular homes, oftentimes confused with manufactured homes, have the following characteristics.

• They comply with all building codes specific to the state, region or locality where the house is or would be located.
• They are built in sections at a factory, transported to the site where they are put together by contractors.
• The houses undergo inspection by local building inspectors who make sure they are built to requirements and appropriately. A good modular home would be as good as a site-built home both in durability and as an investment.
• In comparison to site-built homes, modular homes can be less expensive though this depends entirely on the plan and structure of the house.

Manufactured homes are similar to modular homes in construction though not in utility.

• They need to comply with the Federal building code or the HUD code and not just the local building codes.
• Manufactured homes are also known as mobile homes or trailers. However, the term ‘mobile homes’ are referred to those homes built before the 1976 HUD Code.
• Manufactured homes are prefabricated on non-removable steel chassis, sections are transported on their own wheels and assembled at their destination.
• They undergo inspection by local building inspectors.
• As they do not stand on a permanent foundation, refinancing is difficult and complicated. They depreciate in value.
• They are less expensive than modular and site-built homes.

Site-built homes are traditional homes and have the following characteristics.

• They comply with all state and local building codes.
• They are constructed at the building site.
• They generally appreciate in value with only factors such as location, utility, quality, type and size of construction affecting their value.

Housing developments allow site-built homes though they stipulate certain minimum requirements. Some housing developments allow modular homes while some don’t. So it is absolutely essential that deed restrictions are investigated and interpreted thoroughly not just before the planning stage of the structure but before buying the land where the house would be located.

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