Prefabricated, modular homes and tiny homes are increasingly popular as a way to add onto an existing home. This is great for housing in-laws or grown children in a separate space, allowing a vulnerable relative or friend to live independently but with support close by, or just as a mortgage helper or investment in your property.
Compared to a conventionally built apartment building, or a detached home, prefabricated homes have a quick turnaround thanks to efficient design and building processes. This helps keep both material and labor costs down, saving you a bunch of money.
Prefabricated eco-homes can also range dramatically in price, but the costs are more likely to tally with initial estimates, given the quick construction and nature of the project. If you’re going for an ‘off-the-rack’ type studio container apartment, a new home may cost you around $50,000 to $100,000 (not including land).
This is one-story prefabricated vacation home with steel frame, consisting of 2 bedrooms, 2 bathrooms, open-plan kitchen living room, and a L-shaped balcony.
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Credit: BB-Home banknockdown
