Modular Homes Can Save You Money and Time Despite Rising Mortgage Rates – Virginia Beach

Home prices and mortgage rates are only going up, and will continue to do so for the foreseeable future. So, if you are in the market for a new home, consider building a modular home. Modular homes are built in less than half the time than traditionally built homes. In addition, when you build a home, you are sure to have the space, rooms, amenities and design details that you need.

Modular homes can be custom designed. So if you have a floor plan in mind, or if you have had a floor plan created by an architect already, it can be built with the modular construction process. If you don’t have a design, you can choose from hundreds of modular floor plan designs we have already created. You can even modify one of the existing plans so as to better meet your family’s needs.

As spring approaches the home buying season traditionally begins to pick up. Don’t battle all of the other home buyers, looking at over-priced homes that don’t meet your needs. Many people around the Boston area are starting to think about buying a new home. And, as the mortgage rates continue to rise, buying a new home sooner rather than later is a better choice.

If you are considering building a new home, you should consider building a modular home. The modular process also means that construction is not susceptible to weather, labor issues and contractor delays. Modular homes companies are less affected by materials price and labor fluctuations than the stick built construction contractor.

The modules are built in controlled environments to exact specifications in a factory like process. Therefore construction and materials costs are already lower than the traditional builders’. The modular home takes less time to construct; therefore decreasing labor costs as well. Modular home manufacturers buy materials in bulk, therefore are less prone to the increases from transportation costs and they receive bulk pricing. Therefore, your materials cost is lower as well.

Rather than buy a stick-built home, a better solution might be a c a modular home. Contact Tidewater Custom Modular Homes for more information.

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