Because they’re built in sections, modular homes take about half the time to complete compared to site-built homes. Modular homes often fare well in natural disasters due to robust construction standards designed for regions like Nevada.
Factories can assemble multiple modules simultaneously, speeding up project timelines. Since the majority of labor occurs in a factory, modular home businesses in Nevada save significantly on labor. Modular sections are often transported by flatbed truck, ensuring easy, safe delivery. Financing for manufactured homes can be through chattel loans, FHA loans, or even VA loans in some cases. In Nevada, some investors buy mobile homes in parks as a source of rental income due to low initial costs.
In some areas, residents organize to prevent rent hikes in mobile home parks to maintain affordability. Older mobile homes may not meet modern building codes, which could limit where they can be placed. If on owned land, manufactured homes are eligible for tax benefits similar to site-built homes. Factory construction enables modular home manufacturers to tightly control quality. Modular homes can be placed on full basements, crawl spaces, or slab foundations.
Specialized insurance can cover the full replacement value of the home in case of severe damage. Additional modules can be added to expand living space as families grow. Modular homes are built to withstand transportation, making them durable and well-constructed. Modular homes often fare well in natural disasters due to robust construction standards designed for regions like Nevada. Modular companies often create specialized offerings for remote workspaces and vacation homes.