Modular homes have resale values comparable to traditional homes, particularly in markets like Newfoundland and Labrador. Precision manufacturing results in fewer gaps and better insulation, making modular homes energy-efficient in Newfoundland and Labrador.
Modular homes have resale values comparable to traditional homes, particularly in markets like Newfoundland and Labrador. Some manufactured homes are in dedicated communities that focus on sustainability and modern amenities. Companies often use digital tools for virtual walkthroughs and 3D renderings for buyers. Some modular home companies partner with insurers to offer comprehensive coverage for new homes. Modular home businesses can easily scale, producing homes faster as demand rises.
Specialized insurance can cover the full replacement value of the home in case of severe damage. Some people purchase modular homes as rental properties due to their affordable construction and high demand. They’re often built to the HUD (U.S. Department of Housing and Urban Development) code, which includes standards for safety, energy efficiency, and construction.