Monday, September 14, 2009

Modular Homes - Total Cost of Construction

So you are looking at property and have decided to build a modular home. You may have even decided to act as your own general contractor. You are now putting together a budget. It is fairly easy to get the prices for the land and the modular home, but it is not as cut and dry to piece together everything else that will be needed at your job site.

I built a modular home about two years ago and went through the same process. I had a difficult time finding ballpark figures for many things when trying to budget my project. Below is a list of things to keep in mind when putting together your budget:

1. Utility hooks ups and your distance from existing utilities (electric, natural gas, propane, water)
2. Excavation for foundation/basement
3. Foundation and basement
4. Driveway costs
5. Electrician to wire up basement
6. Plumber to do rough plumbing under basement floor prior to setting house
7. Concrete flatwork (basement floor)
8. Plumber to do finish plumbing (hook home to rough plumbing)
9. Electrician to hook house to utilities
10. Plumber and electrician for a septic tank (if needed)
11. Carpenters for a deck
12. Contractor for a patio

It is important to get multiple bids when costing your project. Another thing to keep in mind is that you should not necessarily choose your contractors because they are the cheapest. You must check with references, view previous work they have done, verify that they are insured and licensed to work in your city. I met with my foundation contractor at a job site he was working on and was so impressed that I chose him even though he was the highest of my three bidders. I could have saved a couple of thousand dollars with someone else but I doubt it would have been worth it.

If you do not feel that you have the time or expertise to manage the contractors involved, many modular home builders will act as your general contractor for a fee. This may be the route to choose if you do not have time to meet with all of your contractors at the job site.

Tim Montey is a modular home enthusiast who built his first modular home two years ago and detailed that experience, lessons learned and costs at http://www.modularhomechoice.com

Find more detailed information on the total cost of a modular home at the above link on the Financing page.

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1 comment:

  1. Very useful post. I am on tight budget to build a modular home that's why I have to save. Thanks for the list. I don't know the cost of modular homes that's why I need this list.

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