“Pre-built” Housing Explanations
I used to work for a MODULAR homes manufacturer, before becoming an appraiser…
If you’ve ever wondered about the differences between various ‘pre-built’ housing “types”, this 4 part series (below) is a good explanation. See the links below.
These are written by a California contractor/real estate agent who has 30 years’ experience (according to his info).
I used to work for a MODULAR home manufacturer, before becoming an appraiser. This series does not really fully explain how MODULAR is different from “Manufactured.”
In simple terms, MODULAR homes are constructed in a factory to specifications in the International Building Codes (IBC), i.e., similar to site-built homes. They can be ‘stock’, but often are customized to buyer preferences. MODULAR homes are transported (in sections) mostly fully complete to the site on a special trailer – the homes don’t have wheels and axles attached like “Manufactured” homes. A MODULAR home is placed on a typical site-built foundation, which is built before the home arrives.
MODULAR homes compete with site-built homes, and ‘comps’ should come from that type of housing, NOT “Manufactured” homes. Frankly, unless the construction history is known, it is extremely difficult to visually distinguish a MODULAR home from another similar looking site-built home.
MODULAR homes do not have a ‘HUD Tag’ or a ‘HUD Data Plate’ but may have one or more state-mandated identification tag(s) affixed to the exterior of the structure.
The series does not explain ‘panelized’ construction homes. These are built from factory-built wall panels, shipped flat on a trailer, and assembled into a finished home on the site. These are built to the IBC specifications, and compete with site-built homes.