Modular homes are increasingly popular, especially in high-demand areas with limited housing. Many retirees, especially in warmer states, live in mobile homes seasonally, moving between climates like North Dakota. Unlike manufactured homes, modular homes can be built with multiple stories. Vintage mobile homes from the 50s and 60s are now popular as collectibles and often remodeled with retro décor. Modular businesses are gaining market share in areas with high housing demand.
Modular homes can range from budget-friendly to luxury, with finishes and sizes to match preferences in North Dakota. Some manufacturers produce "tiny manufactured homes" that are compact and affordable for minimalists.
Additional modules can be added to expand living space as families grow, a popular feature in North Dakota. Since the majority of labor occurs in a factory, modular home businesses in North Dakota save significantly on labor. Manufactured homes come in single, double, and triple sections to offer different space options.
Modular homes can be placed on full basements, crawl spaces, or slab foundations, depending on local requirements in North Dakota. Because they require fewer materials, mobile homes are sometimes considered a lower-impact housing option. Because they require fewer materials, mobile homes are sometimes considered a lower-impact housing option. Modular homes have resale values comparable to traditional homes, particularly in markets like North Dakota. In some areas, residents organize to prevent rent hikes in mobile home parks to maintain affordability.
Modular companies buy materials in bulk, which lowers costs and reduces supply chain delays, benefiting projects in North Dakota. Modular construction can be adapted for various types of land, from urban lots to rural landscapes. Newer models have enhanced insulation, making them energy-efficient and comfortable. Some mobile homes are available under rent-to-own contracts, making ownership more accessible.
Most lenders treat modular homes like site-built homes, enabling standard mortgage terms. Additional modules can be added to expand living space as families grow. Modular home companies often have in-house logistics teams to coordinate transport and installation. Modern manufactured homes are built to last, often with warranties on structural components. Modular home businesses can easily scale, producing homes faster as demand rises in North Dakota.