Cost Benefit of Modular Homes
FACTORY PRICE + FIELD PRICE = TOTAL PRICE The cost of building a modular home is divided into two main categories: the modular home itself (built in the factory) and the work to be completed on site which includes site work, foundation, mechanical connections, and finish work. Generally, the more work that can be done in the factory the less expensive the final home price will be. We will work with you to maximize your savings by taking full advantage of the factories production capabilities, while advising you that there are some specialty items best installed on site.
One of the many benefits to purchasing a modular home is cost certainty. Once you finalize your design and specifications and agree on a price, you can live without the fear of extras and change orders. You don’t have to worry about material price increases that are so prevalent over the long cycle of building a stick built home.
This cost certainty even allows you to decrease the contingency line in your budget because you know that upwards of 50% of your project costs aren’t going to change. You may have heard of gauranteed price contracts with stick builders, but unless each and every item of the house (down to the door knobs) are specified in the contract somewhere along the line there is going be a change or extra.
If you use a prefabricated foundation (such as Superior Walls), the fixed cost is even greater. This avoids unexpected extra costs such as winter chemicals or concrete blankets. The bottom line is that the more of the project costs that are not subject to change, the more comfortable you are going to be throughout the building process.
FACTORY LINE ASSEMBLY
Modular Homes are built in assembly line fashion, which is known to be the most efficient form of production. Would you build your next car piece by piece in your driveway?
Detailed engineering and precise calculations mean that all the material ordered for your house will go in your house instead of the dumpster. Less waste saves you money & is better for the environment.
Modular homes are built significantly faster than traditional stick built homes which means less financing costs. Less financing costs can mean more money to spend on things you really want.
Modular Home Factories have tremendous purchasing power when compared to an individual builder and can pass these material savings on to the customer.
Stick builders have to budget for theft & unfortunately are vulnerable to theft during the many months the site is open & unsecured. There is no theft in the modular factory and the day the house is delivered it can be locked.
You need construction insurance during the time your home is being built, but with a modular home you will only need that insurance for months not years which can save you significant amounts of money.
You Can Trust Us
We are well versed in all aspects of modular construction.
We Can Use Your Plans or Ours
We have a team of design professionals to help you through the process.
We Are Environmentally Conscious
We are committed to reducing the environmental impact during the construction process.
Greenwich Modular LLC
78 Valley Rd
Cos Cob, CT 06807