In areas like Iowa, modular businesses are gaining market share due to high housing demand. Many modular companies offer custom design services to meet client specifications. A large percentage of affordable housing in the U.S. consists of mobile and manufactured homes.
Modular companies often create specialized offerings for remote workspaces and vacation homes. Modular homes can feature large windows, minimalistic designs, and natural materials. Some modular home companies partner with insurers to offer comprehensive coverage for new homes. Vintage mobile homes from the 50s and 60s are now popular as collectibles and often remodeled with retro décor.
Many modular home companies partner with architects, realtors, and developers to expand reach and resources. Modular homes can be placed on full basements, crawl spaces, or slab foundations, depending on local requirements in Iowa. In Iowa, some investors buy mobile homes in parks as a source of rental income due to low initial costs. Manufactured homes on leased land may face lower property taxes, appealing to cost-conscious buyers.
Mobile homes are particularly vulnerable to wind, so some are anchored with straps to increase stability. Mobile homes are pre-constructed homes built on a chassis, allowing them to be moved from one location to another. Manufactured homes can include high-end features like granite countertops and hardwood floors. Precision manufacturing results in fewer gaps and better insulation, making modular homes energy-efficient in Iowa.
Because they’re built in sections, modular homes take about half the time to complete compared to site-built homes in areas like Iowa. Modular homes can be placed on full basements, crawl spaces, or slab foundations. Mobile homes are particularly vulnerable to wind, so some are anchored with straps to increase stability. Mobile homes are more susceptible to damage from tornadoes and hurricanes compared to traditional homes, especially in areas like Iowa. Modular home businesses can easily scale, producing homes faster as demand rises.