At Excelsior Homes, we’re committed to answering all customer questions and providing the upfront information necessary for making the best home-buying decisions. While we will strive to provide as much clarity as possible in this blog post, the question of “modular and manufactured home price per square foot” encompasses various factors, making it challenging to address without a detailed conversation. Therefore, as you envision the possibilities for your new home and prepare to start budgeting, we recommend an in-person conversation. This ensures we thoroughly discuss every aspect involved. Please reach out and schedule a meeting so we can provide you with comprehensive details on what’s included in our pricing models.
Modular & Manufactured Home Pricing Isn’t the Same
Many people ask for the price per square foot, but this figure can be quite deceiving in our industry and in general. What’s included in this price, or what’s not included? This term is often used loosely and is surrounded by many myths. In our industry, when consumers start looking at either manufactured or modular homes, they must understand these are two different products with different costs, including additional site costs. These costs can vary significantly based on location and specific site conditions.
Let’s Start with Modular Homes, for Example…
A modular home that is 1,800 square feet and has a list price of $210,000, which includes sales tax, delivery, and installation. The easy answer is the price per square foot is $116.67 for the home as shown, delivered within, say, 50 miles of Hutchinson. However, for the consumer, this is only part of the total cost. They still need to factor in site expenses like permitting, excavation, foundation, miscellaneous carpentry, HVAC, plumbing, electrical, driveway, well, septic, etc. As a general contractor, we can manage the project from start to finish, but these expenses can vary depending on location, size of the home, length of the driveway, type of foundation, upgrades to mechanical efficiency, depth of the well, type of septic, and more. In short, we need to base the total cost on a number of factors. Other factors that influence the price include interior and exterior finishes and options. There’s often no simple answer, but with more knowledge of the building site and the entire scope of work, we can provide more accurate costs.
Manufactured Homes are Simpler
Manufactured homes are a bit simpler; there’s typically less site work involved in site grading, foundation, and HVAC, plumbing, and electrical connections since the home is self-contained and is placed on an unconditioned foundation in almost all cases. Consequently, when looking at the price per square foot, this figure is decreased, but in general, manufactured homes are simpler to calculate.
Ready to Learn More?
When it comes to purchasing manufactured or modular homes in Minnesota, Excelsior Homes stands head and shoulders above the rest. Contact us today, and we’ll go over pricing in greater detail so you feel confident in your home-buying decisions. Your dream home awaits!