Some prefab myths and facts have been doing the rounds since the 1960s. The clichés associated with traditional mobile homes are not that different to the affordable prefab homes either. Yet, the below given myths and facts seem to have somehow lasted through time. Given the fact that the pre-HUD homes still exist, exploring the history in prefab housing can be informative to vintage homeowners too.
Myth: Prefabs are impossible to maintain
Fact: No, they just incur higher upkeep costs in due course. Actually, prefab homes are less expensive to build when compared to traditional housing. Due to its factory-controlled construction, the energy-efficiency is more in pre manufactured homes. One of the cost aspects considered by the builder is the cost of implementing the HVAC systems.
Myth: Prefabs are hard to finance
Fact: Not quite, affordable prefab homes are treated at par with stick-built homes in lending terms. Sometimes, such dwellings can be easier to finance than conventional stick-built dwellings due to fast, off-site construction procedure. The fast-tracked prefabs help lenders too; those who give a traditional mortgage to the homeowners set interest rates.
Myth: Prefabs depreciate in value
Fact: Appreciably not. In real estate, the designer-built homes appreciate in value much like the traditional buildings tend to. It is said that designer-built prefabs appreciate in value due to the similar looks to the conventional stick-built homes.
The prefab home concept had gained the momentum following the World War II, and since then, the prefab housing trend has not waned a bit. Many vintage homes of the 1950s still exist in the US, only proving to be wanted by all parties. The vast history of the prefabs makes them more traditional than the stick-built homebuilder may anticipate. A traditional prefab relies on the builder’s skill, whereas the present ones are conceived in the CAD first, factory second.
The computer-aided designs explain why affordable prefab homes remain trendy and modern. The conceived modules can be customized to accommodate the specifications and the floor plan chosen by the homeowner. With more energy-efficient modules, the prefab housing segment shall bring home more custom modules.