Tidewater Custom Modular Homes Blog

How can you reduce the construction cost of your new house? There is an easy way to save up to 30% on the cost of construction...buy a custom modular home! Our factory built modular homes are manufactured like most others. It is first made in components or modules which are then put up together at your home site. Once assembled, your new home looks like any other home in your neighborhood. It has the same quality, strength, comfort and durability as any stick-built home.

Since your home is built in a factory, it is much cheaper than a custom-built home on-site. Remember when factories drove out craftsmen who worked with their hands? The same is happening now on a much larger scale! So how does all this save you money? As you know, factories use huge machines that build thousands of items in a short span of time. Thus, they deliver more savings in terms of time and labor. Instead of having a handful of construction workers on-site building your home in various weather conditions, you have a reliable, professional crew in a factory building your home in pristine conditions.

The homes are obviously not built with bricks and mortar which take lots of time and labor. The material for the homes consists primarily of wood, steel, vinyl and weatherboard. Factory owners buy the material from their original manufacturers and suppliers at wholesale rates which are heavily discounted. It is not possible for a retail shopper to buy his housing material as cheaply as the factory buyers can.

Our factories cut and mold the components and modules as per pre-set designs which reduces large amounts of waste that occurs at the individual home builder's sites. And left over material is never wasted; we use all of our material and help protect the planet by constructing homes this way. The factories transfer these savings to their customers to attract buyers in a competitive market. The savings to a buyer of a factory built home can be as large as 30% which bring your home within much easier reach.

The home is then be transported to site on one or more trucks. The end result is a quality home, built in less time and for less money! Check out our quality floor plans which can be tailored to your needs. If you have an questions or concerns contact us today and we'll be happy to help.

Over the years, through research, we've compiled a list of the most common regrets that new home owners have about their property.  We have a great track record of complete buyer satisfaction in part because we take the time to consult you on how best to proportion your home building budget.  Some of the "lessons learned" below are just simply must do's.  Some are things we think new home buyers should strongly consider for budget prioritization.  Look the list over and then call us as there are is so much more to consider.  But for now, consider this:

• Build floor joists at 12-in. on center versus the traditional 16-in. The stability of the floor and feeling of structural rigidity are a simple thing and overlooked by most people. The additional cost is fairly small, but well worth it!

• Nine foot ceiling heights. The feeling of expansiveness is great and the additional cost is value based.

• Comfort height commodes. Size does matter and a few inches in height contributes to your comfort greatly, hence the term comfort height.

• Upgraded door hardware and solid core doors. Again hollow core doors work just as well, but can't compare in imparting a feeling of quality.

• Using a quiet floor system and gluing the wood flooring in place wherever possible.

• Staggered 42-in. kitchen cabinetry.

• Utilize 18-in. floor tile if the space allows. Again it is a small thing, and more difficult to install, but it's something you see up close each and every day. So prioritize quality here.

• Upgrade the windows as nothing cheapens a house as skimping with cheap windows.

• 2-in. x 6-in. exterior framing. The energy savings created by the increased insulation cavity will pay for itself in no time.

• Ample high hat recessed lighting. Again the showcase type effect is great and additional cost is minimal at construction.

• Energy Star, Green or LEEDS Certification... the energy savings are truly amazing.

These are just a few tips on where to prioritize your new home budget. We will spend hours together with you on these and other subject when the time comes for your to build your dream home with us at Tidewater Custom Modular Homes.

The development of a household budget is a "must-do" activity both before you build a home as well as during your ownership of that home. Long before TC Modular Homes goes to work for you, you have some important preparatory work to do.  By preparing a budget you can better focus on mortgage payment goals and how the new house will affect your total expenses. Maintaining a budget during the time you own the home can help to prevent potential financial disasters as well as point you in a money saving direction so you have more funds available for those things that you need or want.

You will need a little time to develop your budget but it should not take longer than a few hours if you gather the necessary information first. Get everyone who will be involved in spending involved in developing the budget.

Some of the items and information you will need to develop your budget are:

•   All current monthly loan payments.
•   All other monthly expenses (such as child care, dues, etc.).
•   Records of variable expenses (for example, utilities, food and car repair) from the last 12 months. This will give you an estimate of your monthly expenditures.
•   Records of annual or semi-annual expenses (such as insurance and taxes).
•   An estimate of what your new mortgage payment will be.
•   Records of other non-fixed expenses (for example, medical expenditures) for the last year. This will give you an estimate of average expenses of this type.
•   Records or an estimate of personal expenses (entertainment, travel, etc.)
•   Having a current copy of your credit report can be very helpful. Not only will it reveal any inaccuracies in your credit history, it will also give you a clear picture your monthly obligations. You can get a free copy of your Credit Report.

Be realistic in your budget assessment. Make provisions for possible increases in some items (for example, school tuitions, insurance and taxes). Then, look for ways to get (and maintain) control over your budget.

Most People Spend 10% More Than They Make! You probably know how much money you made last month, but do you know how much money you spent? Or do you know how much money you have left to spend this month? If you don't you're not alone, most people have no idea. The fact is most of us spend 10% more per month than we make. If at all possible, involve your financial advisor (or other independent financial expert) in the budgetary planning process.