Some modular home businesses partner with architects, realtors, and developers in Troy to expand reach and resources. Modular home businesses are expanding globally, especially in densely populated and high-demand areas. Modular home businesses are expanding into commercial sectors, including schools and hospitals. Since the majority of labor occurs in a factory, modular home businesses save significantly on labor. Factory-controlled environments reduce unexpected costs during construction.
Using precise factory-cut materials reduces waste and overall building costs. Manufactured homes must meet HUD standards that cover design, durability, fire resistance, and energy efficiency. HUD has specific standards based on region, including "Wind Zone" ratings to ensure durability in different climates such as those in Troy. Buyers can choose floor plans suited to different lifestyles, from open-concept to multi-room layouts. In some rural areas, manufactured homes are exempt from certain zoning requirements.
In Troy, some investors buy mobile homes in parks as a source of rental income due to low initial costs. Common sizes are 14x70 feet for single-wides and 24x48 feet for double-wides. Using precise factory-cut materials reduces waste and overall building costs.
Modular companies can produce both permanent homes and temporary commercial structures in cities like Troy. Manufactured homes on leased land may face lower property taxes, appealing to cost-conscious buyers. Manufactured homes offer a variety of floor plans, from one to four bedrooms, to meet family needs in Troy. In some rural areas, manufactured homes are exempt from certain zoning requirements.
Modular home companies often have in-house logistics teams to coordinate transport and installation in Troy. Newer models have enhanced insulation, making them energy-efficient and comfortable. Financing for manufactured homes can be through chattel loans, FHA loans, or even VA loans in some cases. Modular homes may require specialized transport but generally incur fewer costs compared to mobile homes.