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Anyone here have experience in living/owning one of these? If so, Hows the Quality?
Im trying to put together my Dream/Retirement home.
Cliff notes:
1. Buying 20 acres in the country.
2. 3 out of 4 Kids will be on their own in a few years...hopefully.
3. Can purchase the land for 92K
4. Trying to keep total under 200K.
5. Land is more important to me than a Big House.
6. Prices for Modular homes here are very inexpensive -
I would only get one if it was put on a basement
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ess, you mean a foundation? yes thats my intention.
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A friend of mine had one and it had a door that was there incase he dug a basement. There was very little storage space. Other than that it was nice. I would like the basement to store all my shit
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cool. I will have to look into that. good idea
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My parents live in one and i think it sucks
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Graps,
My idea is that i dont want to live next door to some asswhole. And again, land is more important to me than a big house. My current house is 2600 sq ft. I dont expect you to understand what i consider to be my dream setup...i guess its a southern thing. Horses, dogs, cows, 4 wheelers, etc. -
ok, as I said I own one. They are NOT crap, or shotty constructed trailers. I toured the Redman plant in Lancaster PA researching them before I bought one. Most stick built houses are made of 2x4 construction. Modulars are made of 2x6's, and have to pass a set of standards regular stick built houses couldn't pass. One of which is being able to withstand over 100mph sustained winds (they are transported on trucks at 55mph into strong headwinds sometimes). The insulation factor is higher than a regular home, increasing its efficiency and lower heating/ac costs. They are cheaper than a stick built home because there is a lot less work involved, not because they are pieces of shit. They don't have to factor in the costs that goes along with any stick built home (everything from the architech, to the plumbers, electricians, drywall installers, painters etc...)
There are several types of prefabs. The ones that are most popular, but a little more expensive are made in sections, then trucked to the property and crane lifted into position, usually on a block foundation. I liked the fact we could design our own. The most widely sold is called a class C, which is essentially a glorified trailer. You wouldn't know it because they can be huge, and after the wheels are taken off and a block foundation is in place, they are no longer considered a trailer. If a block foundation is not made, and the home is fitted with some sort of skirting, it is still considered a transportable vehicle. With the class C, the block foundation doesn't actually support the house, and is constructed after the house is in place.
I spent almost 3 years comparing, and pricing stuff. My original plan was to build, but the same exact house would have cost almost $28,000 more, and longer from start to finish.
As with any home you go with, there are pros and cons. The one thing I don't like is the use of 1/4" drywall on the interior walls, and some rather cheap interior doors. I replaced the doors for less than $1k, with some nice unfinished doors from home depot. I'll redo the drywall in the future. One good thing is I spend almost half as much in electricity during the summer, and about 25% less heating the place in the winter. For a 3000 sq. ft. house thats not bad.
My advice is to research the living hell out of them before purchasing. And don't let the distributor rip you off. You can order straight from the manufacture in most cases. -
Thanks Mr. Blonde. I appreciate it.
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MAKRE SURE YOU KNOW WHAT YOU'RE BUYING!
I worked with home builders/ mortgages for a few years after my undergrad and people always confuse modular/pre-fab homes with manufactured homes. I explained it like this:
A manufactured home is a home that you see when you're driving down the highway- 1/2 of it is on one truck the other half is on a different truck. A ManU home has a Hud1 tag by the electrical box (I believe). This becomes important later.
A Modular home is the type of deal they put together on extreme makeover home edition- it comes in MANY pieces and is assembled on site.
Like any home it's what you make it. One piece of advice though is to make SURE you know which you are purchasing- a ManU home or a modular. This is CRUCIAL because most lenders (especially in this market) can not lend money on a ManU home. It's not because they are inferior or anything like that but they don't appreciate at the same rate as a "single family" home. You need to be careful because there are a ton of builders who call their ManU homes "modular" to avoid the whole trailor stereotype. In 3 years I probably had 12 clients get confused/ screwed by this.
Cliff Notes:
Home is what you make it.
Look for a Hud Tag and find a lender before you buy the home
If you're paying cash, Ignore this entire paragraph and just find a place you enjoy!
GL
NZ -
Thanks NZ,
appreciated very much. -
I think they should make 2 story mobile homes
for people thats got money
and yes jac it is a Southern thing but Graps is still cool -
^^^^^ obv never heard of James Gregory
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LOL...I have no comment
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I've built a house, foundation to frame, it's really easy, just do it yourself.
2x4's are perfectly fine for framework, using 2x6's will only decrease the sq. footage thus hurting re-sale value/giving the inhabitants less room. My advice would be to buy a nail gun, hire a contractor to pour you a foundation/driveway, hire a contractor to build you a house, and forget about pre-fab homes because they are the suck. -
Check to see if the are holding values. In the past, Mod Homes and especially trailers did not hold value...So the only value you would have is in the the land itself...
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My wife's from Shreveport, and several of her friends and family are living in modular and/or pre-fab homes. Believe me, I know what you're looking for...my mother-in-law dated a guy who had exactly what you're looking for. And he regretted not putting more into the house. I still say you could get 10 acres instead of 20, and use the rest of the money to put toward an actual, constructed-for-your-site home.
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All of my options are still open with the exception of the acreage. I have no experience with Modular homes and wanted some feedback before investigating them further. I'm really in no hurry right now with the home. The land purchase is my first priority because of the price. I have a home thats paid for and im really not sure yet if im gonna sell it right now, rent it out or let my son take it over. I thank everyone for the information, it gives me a place to start and some questions to ask.
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Based on your land value specs you should be able to have a nice home actually built within your budget, find some well respected contractor and build your shit. Land is a great investment, having a shitty home won't hurt the value, but having a quality home will sometimes help the value.
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Thanks jtown i agree completely. The problem the last few years (since Katrina) is that materials went up about 40%. But, with the housing market the way it is right now, i may be able to take advantage of the slowdown in homes being built. I will be contacting some contractors.
note- if i had any skills at all, i would do what you did and do alot of the work myself, Unfortunately i dont though. -
There's definitely issues with building in this market. But if you build a home, you can add-on, make renovations, redo things as you'd like. I don't know enough about modular homes to say for sure, but I don't think you can gut the kitchen to put new cabinets and a double wall oven in if you want to five years from now. Whatever you find now, DO NOT underestimate the ability to change up what you have in the future.
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Thats a good point Graps. The ability to gut and upgrade a modular is a question that i need answered.
Thanks -
That's the only thing you should do with a modular, make it look like a normal house. Convert the garage, add a garage, add a wing, put that shit on a brick foundation, and oh yeah don't forget to buy land in some country ass area where you might be able to re-sell it.
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I live in hurricane alley and I'd rather have 2x6's then sq footage..
just saying, F katrina
Kajun $endz
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