Instant House 3

Written by Jim the Realtor

February 23, 2011

Earkier today this was a vacant lot…..

9 Comments

  1. clearfund

    One of the biggest time (and therefore $$) is the fact that you can simultaneously do your sitework/foundation while the home is being constructed in the factory.

    Thus, 2 months of site work = 2 months of construction vs. 2+2 months.

  2. Alex

    Jim, Very informative reporting! I think many people are intrigued by this unconventional style of home building.

  3. Dwip

    Very cool. More choices can only be a good thing.

  4. Travis

    I am amazed that they are advertising the cost at $45/sqft, and that this home was $60/sqft. I will be very curious to see the inside and level of quality. All of the modern modular homes I’ve seen start at 4-5 times that much.

  5. Nick

    Factory-built modules can be both cheaper and higher quality than stick-built. There are many advantages to building stuff in the controlled environment of the factory.

  6. Scott

    Jim- Can you talk about the advantages/disadvantages on the sales side of modular homes like this. Price and time frame seem to be very attractive but is it a problem for a buyer to get financing? Also, what is the overall buyer perception of modular homes? It’s a great idea in theory but I’m not sure the concept has caught on yet in North County.

  7. Mozart

    I’m impressed by the permit process time. It came together there at the end to I have to admit.

    Still a skeptic though.

    If this sells competitively it will either be a huge profit for the developer or a torpedo in the side of nearby home values. Maybe both.

  8. Jeeman

    Piggybacking on Scott’s questions: Does the seller have to disclose that it was a modular house?

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