Guide to NJ Modular Home Prices
This article outlines some information about NJ modular home prices. We have received countless inquiries about the cost of modular homes, and more specifically, the prices of modular homes compared to traditional stick-built homes. This is a simple price guide that you can use in your research and decision-making process. To learn more, consult our New Jersey Modular Homes Construction Guide.
NJ Modular Home Prices – The Basics
Typically, pre-fabricated homes can save homeowners a lot of money. Because they are constructed in a factory, there are many efficiencies inherent in a production line scenario that do not necessarily exist for on-site built homes. Three major benefits of NJ modular homes is that they are built in climate-controlled environments, the plans are usually pre-approved, and there are regular on-site inspections during the building process.
However, one of the reasons for the skyrocketing popularity of modular homes in New Jersey is the near-endless options for customization. Modular homes are no longer the cookie-cutter box shaped houses of the 1990s. Most people will not be able to distinguish a modular home from a stick-built home because they can be customized to the owners’ preferences. This customization comes with a price, which is why it’s beneficial to do your research and try to compare apples to apples as best as possible when making the modular vs. traditional decision.
NJ Modular Home Prices – The Numbers
As is the case with stick-built homes, the cost of modular homes is a function of several variables – location, level of customization, finishes, and the supplying modular home factory and general contractors chosen for finishing work.
As of Spring 2014, the average cost range of NJ modular homes in the Jersey Shore area is $135-155 per square foot. This is a very rough average and can vary significantly. The big thing to take away from this article is that, when you purchase a modular home and it is set on your foundation or pilings, it is about 80% complete physically and 60% complete from a cost perspective.
There is a lot of finishing work that needs to be done after your home is set on its foundation. This work includes: roofing, flooring, appliances, utility connections, HVAC work, electrical work, plumbing, and other finishes.
Most modular home builders that offer turn-key new homes will provide you with the per square foot price, as well as a breakdown of what the actual home cost, plus any upgrades or customization work that you would like to be done.
Now, on top of these costs will be other costs such as engineering, site surveys, house demolition, and installing pilings or a concrete foundation. Because there are so many moving parts involved in building a new modular home or a stick-built home, we always recommend to hire a reliable local general contractor who can guide you through the process and help you make the best decisions.
NJ Modular Home Prices – Conclusion
We hope this guide has been helpful to you in your research about modular homes. Remember, there is usually more than meets the eye. You might be happily surprised at how inexpensive modular homes seem, but when you dig deeper and look at the entire picture, it’s not all roses. Every situation is different and homeowners have different preferences and tastes, so we don’t recommend modular homes over stick built homes, or vice versa. Do the proper research and make the decision that is best for you. Talk with as many New Jersey contractors and experts as you can.
If you are looking for more information about NJ modular home prices or New Jersey modular home builders, browse our contractor directory or contact us for a personal recommendation (we don’t give your information to anyone without your prior permission).