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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: David Jones who wrote (981)10/31/2001 2:06:01 PM
From: GraceZRead Replies (1) | Respond to of 306849
 
Don't knock 'em until you see one put together.

royalhomes.com

There are a more than a few in my neighborhood but you'd never know it unless you saw them put together off the trucks.



To: David Jones who wrote (981)10/31/2001 2:10:37 PM
From: jjs_ynotRespond to of 306849
 
In may respects, some modern modular homes (NOT mobile homes) are better constructed than stick-built. Assembled under climate controlled conditions (no rain-induced
swelling and distortions) in controlled jigs. They are fabricated with enough structural integrity to be transported, and are often stronger than site-built since they are built to national level building codes and thus meet that most stringent requirements of any individual municipality.



To: David Jones who wrote (981)10/31/2001 2:53:25 PM
From: donald sewRead Replies (2) | Respond to of 306849
 
David Jones,

I built a modular home in the mist of $275k-350K homes 8 years ago before the real estate market climbed strongly in northern NJ.

I can tell you that it was definitely a stronger house. 2 specific reasons for extra strength is the double flooring one ends up with between the 1st and 2nd floor, and the center beam ends up being 6-2"x10" laminated together, where in a normal house it ends up only 3-2"x10". The reason for the extra material is due to the transportation where once delivered, doubles the material in certain area.

I pulled out my old files and the cost of just the house erected on the foundation, unfinished was 36.50 psf. Thats only the house, no foundation no hookups, unfinished.

Just to give you an idea, before I built the modular, my dream was to build my own house with my own hands. I once had plans for a 1400sqft salt-box home, and I calculated every 2x6/2x4/plywood/roofing/etc, and the approximate cost for just the materials about 10 years ago was approx 12,000.
Materials havent really increase a whole lot since then, so now maybe 15% more. Plywood back then was still going for $18 per sheet (5/8").

A manufactured home is very different from a modular home.



To: David Jones who wrote (981)10/31/2001 3:37:34 PM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
david, where i live houses are going for up to $200 a square foot for "middle class" homes on small lots. i paid about $130 per square foot just a tad over 3 years ago and thought that was a "bit" high.

clearly, the real estate market is not consistent across the US. high demand areas are quite expensive and folks buying over the last 0-2 years will be in for a shock, imho.



To: David Jones who wrote (981)11/1/2001 7:46:14 AM
From: tdl4138Read Replies (1) | Respond to of 306849
 
I guess the jokes on you....and your belief that a decent home has to cost so much more.

If you would like proof, PM me your fax number and I'll be more than happy to send you some price sheets from established builders in this area.

The homes I am referring to are concrete block, stucco, engineered trusses, complete with carpet and tile and fully applianced....on your lot. Most builders even include the impact fees. These homes are built on slab and nothing is modular or pre-fab. I guess it would be kind of hard to "pre-fab" a concrete block structure... They are also NOT built "in mass" a block at a time...

As an example, while you are still laughing, look up Mercedes Homes. They build from Florida to Texas. Their prices are listed on their website....check out the spec homes in the Port St.Lucie area, as an example. The style of home is actually quite similar to what is built in California. As your laughing...look at the list of features that are included...probably more than your used too...

Just because you are ignorant enough to pay a lot more doesn't mean you're not getting screwed when it comes to "value"...and what the true cost of building actually is....

< Hope you enjoy your trailer >

Tdl4138