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Modular Homes for Sale Billings MT

Just as multi-section homes slowly replaced singles in the late 50s and early 60s it looks like so-called "Modular" homes in many areas are beginning to attract new home buyers. And, like many retailers discovered the switch to multi-section homes came a whole host of new issues to deal with: double the transport costs, more expensive and complicated installations, utility crossovers, ridge caps, leaking ceilings, racking, leveling, etc.

Re/Max American Dream Properties
(406) 758-2600
1645 Hwy 93 SSte D
Kalispell, MT
 
Access Realty
(406) 822-7653
1720 Brooks St., Suite 5
Missoula, MT
 
Grubb & Ellis | Montana Commercial, LLC
(406) 624-9199
2020 Charlotte Street
Bozeman, MT
 
Wagner Dan Realty
(406) 259-0389
1643 Lewis Ave Ste 2
Billings, MT
 
Transtech Center Lp
(406) 652-7603
3529 Gabel Rd
Billings, MT
 
Harbor View Property Management
(406) 883-0505
8071/2 13th Ave. East
Polson,, MT
 
Winter Wonderland Sports,
(406) 257-2627
PO Box 7697
Kalispell, MT
 
Romine Real Estate
(406) 256-3405
1128 N 32nd St
Billings, MT
 
Bottrell Family Investments Lp
(406) 652-7603
3529 Gabel Rd
Billings, MT
 
Swenson James A
(406) 255-7135
404 N 31st St
Billings, MT
 

Adding Modular Homes to My Sales Inventory

Ask Eddie - Should I Add Modular Homes to My Sales Inventory?
Thu 12/27/07 09:02:05 pm
by Ed Hicks

I have been selling HUD Code homes from my sales center for over 15 years now and since my rate of sales has been consistently slowing down in the past 3 years, wonder if I should be adding "Modular" homes to my inventory?   Fred C., Jacksonville, FL.

You should seriously consider it!

Just as multi-section homes slowly replaced singles in the late 50s and early 60s it looks like so-called "Modular" homes in many areas are beginning to attract new home buyers. And, like many retailers discovered the switch to multi-section homes came a whole host of new issues to deal with: double the transport costs, more expensive and complicated installations, utility crossovers, ridge caps, leaking ceilings, racking, leveling, etc. Some of them never made the change over.

In a similar sense, selling "Modulars" will add a new dimension in sales and home installations, when compared to HUD code homes. Most jurisdictions will require obtaining a general contractors license, or finding a qualified licensed sub-contractor, who is licensed. More complicated foundations than have been required for HUD Code homes. There are longer delivery times, and different financing and settlement issues to deal with. And, in many areas building codes may vary so there may not be the uniformity of construction standards for "Modulars" what HUD code homes have enjoyed.

And, for those of us who recognize the much lower overall cost for a HUD Code home with the same features as a "Modular", it may be a hard pill to swallow. I guess many of the horse buggy dealers never converted to selling the much more complicated automobile in the early 1900's either.

However, you should consider these issues:

  • Most home buyers prefer a home built to "Modular" codes over a HUD code home, and are willing to pay the premium pricing.

  • Price savings in non-urban settings can range from 15% to 20% lower than a custom built home with the same size and features.

  • There is much more architectural freedom to create more conventional looking homes with a "Modular".

  • Except in areas where CC & Rs and deed restrictions prohibit them, getting land use or zoning approvals is a thing of the past, since they can be placed in any location on which a site built home may be built.

  • There are substantial cost savings over site built homes because of the shorter time for construction, minimal shrinkage from theft or damage from weather related problems.

  • Long term, low interest financing is available from a very wide range of lenders, at lower interest rates and terms, than for HUD code manufactured homes.

  • Appraisals are generally higher for new and resold "M...
  • Click here to read the rest of the article from mobilehome.com


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