The Pros & Cons of Buying a Modular Home in Central FL
The modular home industry is alive and well in Central Florida. Indeed, if you’re house hunting, you would be wise not to overlook the many advantages of modular housing. That being said, modular homes are still a bit of a mystery to many, and there do exist some disadvantages worth understanding. Let’s look at some of the pros and cons of modular homes.
Perhaps the most important thing to know is that, in recent years, modular home manufacturing has improved significantly. Each home is built in an advanced factory setting under strict quality controls. This helps avoid some of the construction challenges of site-built homes, such as damage from prolonged weather exposure due to construction delays. Another positive aspect of buying a modular home in Central FL is the price. Being factory built, modular homes are cheaper to manufacture than site-built houses and thus have a tendency to cost less. Finally, many modular home builders provide financing. Some even offer interest rates that are better than what you would get from an institutional lender.
As for disadvantages? Arguably, there are a few. For example, modular homes are less customizable than site-built houses. Also, some neighborhoods and municipalities have land restrictions in place that prohibit modular homes. Another drawback to consider is the possibility of having difficulty selling the home in the future. Despite huge advances in quality, modular homes will continue to be perceived as subpar by some prospective homebuyers. Fortunately, the stigma that was attached to factory-built homes for so long is gradually wearing off as the modular home industry continues to improve its manufacturing and customer service practices.
For more information on the topic of factory-built housing, contact Blair Group, an award-winning developer of affordable active adult lifestyle communities. At present, we own and actively manage five such communities in Central FL. Each community features high-quality, factory-built homes, lots of amenities, and plenty of structured activities going on throughout the week.