What Is a Modular Home in Real Estate?

A modular home is a type of factory-built housing constructed in sections, or โ€œmodules,โ€ at a controlled facility and assembled on-site on a permanent foundation. Unlike mobile or manufactured homes, modular homes are built to the same building codes as traditional site-built houses.

๐Ÿ—๏ธ How Modular Homes Work

Each module is built indoors in a controlled environment to ensure quality and efficiency. Once delivered, the modules are placed on a permanent foundation and connected by licensed contractors. This process allows for faster construction and less exposure to weather-related delays.

๐Ÿ  Modular vs. Manufactured and Mobile Homes

  • Construction: Modular homes follow local building codes; manufactured and mobile homes follow HUD standards.
  • Foundation: Modular homes are set permanently on-site; manufactured homes may rest on piers or blocks.
  • Appraisal: Modular homes often appreciate like site-built houses, while manufactured homes may depreciate.
  • Mobility: Modular homes are not designed to be moved once installed.

โœจ Pros and Cons of Modular Homes

Advantages: Faster construction, customizable design, and lower cost per square foot than traditional builds.

Drawbacks: Limited lenders, restricted placement areas, and potential confusion with manufactured classifications.

๐Ÿ“ข Selling a Modular Home FSBO

Listing a modular home without a Realtor helps you save thousands in commission fees. With Brokerless, you can list your modular home on the MLS for one flat fee and get exposure on Realtor.com, Zillow, and hundreds of regional websites.