Modular homes in BC are getting increasingly popular as an affordable solution to the rising real estate prices. These houses are mass-produced in factories under controlled climate settings, preventing wastage.
Moreover, modular homes can be placed on a chassis and transported anywhere. These homes have changed how an average American purchases land and pay for construction. In addition, modular homes in BC cost 50% less than conventional houses. However, these houses aren’t all bells and whistles as they claimed to be. Here is a detailed breakdown of the pros and cons of modular homes in BC.
Pros of Modular Homes
One of the most significant benefits of buying a modular home is its affordability. However, that’s not the only factor increasing modular home demand in BC. Modular homes are eco-friendly and mobile. You can carry them anywhere with you as long as you have purchased land.
Aside from mobility, modular houses save a lot of money in maintenance costs. General household expenses such as plumbing, landscaping, gas line fixtures are non-existential for modular homes. Finally, modular homes are energy-star certified and come equipped with energy-saving appliances.
Cons of Modular Homes
Modular homes depreciate in value over time because they aren’t “Real Properties.” Real properties are defined as any construction permanently attached to the land. However, if you have a purchased piece of land, your mobile home’s value might appreciate over time.
However, modular homes are considered personal properties; hence their value doesn’t spike as high as “real properties.” Nevertheless, the savings you accumulate through modular homes is enough to cover the profit you’ll make after selling a “real property.”
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