- Get treated by the banks in the same way that an on-site property would.
- See no difference in terms of market performance and fluctuations.
- Follow the same rules and regulations laid out by the state.
- Fall into a number of sizes; however, each block is a uniform size.
- Have to be approved by inspectors to ensure safety and high-quality.
- Can be customised by the buyer before construction starts.
- Tend to be more basic, although also more sturdy.
- Can be completed within 10-14 weeks; with modular homes, one team will dig the foundations whilst another constructs the home in a factory.
For the manufacturers of such homes, they suggest that greater resilience and strength comes from constructing a home within the controlled walls of their factories. Compared to on-site options, modular homes tend to be built with more material and very different techniques; one of the reasons for this is because it has to survive the journey from factory to end destination. According to FEMA, Hurricane Andrew affected far less modular homes that it did others. Overall, they are carefully designed homes that are cheaper and more energy efficient.