They are gorgeous! Or most of them are. Prefabricated homes come already decorated with all applianced, furniture and even decor included. They cost mere pennies in comparison with regular well grounded, built from the ground up homes. Yet, they are quite an investment when the money is limited and you have to be very aware of your spending. But, are they the best for your money. There are some very important factors to figure in before signing on the bottom line. while there are some attrqctive reasons for purchasing a prefabricated home, there are some reasons one might shy away from the purchase.
What Are the Pros in Purchasing a Prefabricated Home
For the individual with limited money but a hunger for luxury and extravagance, a prefabricated home can be and might just be the perfect answer. If you have property in a rural area, you might just consider purchasing a prefabricated home until your financial situation can accomodate a permanently grounded home.
Another good reason for purchasing a prefabricated home is the home can be moved with no problem other than the cost of moving it. For the individual who loves to travel and has nothing keeping them grounded in one location, a prefabricated home can be moved from city to city. Once paid for, the home is yours and can go with you. So there would be no reason to purchase a new home unless you have the financial means to. With property values on the decline, a prefab home is well worth the move.
There are some very good reasons why one should consider a prefabricated home, but these are the reasons why one might want to purchase a regular home rather than a prefab home:
Stability during a Hurricane, tornado or other disaster - Insurance companies generally require a significant amount for the premium to insure prefabricated homes. In some cities, it is impossible to obtain insurance on prefab homes. Prefabricated homes must be bolted down and still there can be damage to complete destruction of these homes during the time of natural disasters.
The value of a prefabricated home declines. Where the regular grounded home maintains and appreciates in value, a prefabricated home loses its value over the year by as much as 70% in some areas.
As the list goes on, a prefabricated home is much more affordable than a regular home. For the couple who is just beginning their lives together or just starting a family, sometimes finances can be limited.