Modular Home Prices Section
Modular home prices vary widely. That is probably not the answer you are looking for but it is the most accurate. You should expect to pay about $90-$150 per square foot for a finished standard modular home. That means you can find quality modular homes for between $100,000 and $300,000.
You may come across price quotes for $40-$80 per square foot. Those price quotes are typically not for a finished home. Some homebuyers spend over $100,000 to finish their modular home.
You may also come across modular home prices for $150-$200 per square foot. Those are typically for homes with exceptional quality and high-end specifications (imported marble, exotic hardwood floors, etc.) These modular mansions can sell for $500,000 to well over $1,000,000. When comparing price quotes from modular home builders you should make sure you are comparing similar offerings.
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Modular Houses Pricing Lists
Here is a sample of modular home price lists from around the country.
Modular Home Price Quotes
Modular price quotes submitted to Modular Today from across the country.
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What impacts modular prices?
- Square Footage - The cost of a modular house depends mostly on its size. The bigger you design your modular home, the bigger the price tag will be. You should compare the floor plans to make sure they are a good match for you and your land and the design does not have areas you will not use. Otherwise, you will build a house with wasted square footage and spend money without much benefit.
- Home Style - You should also know that the home style you choose can impact the price of the modular home. For example, a one story 2,000 sq. ft. ranch modular home will require twice the amount of land and permanent foundation when compared to a 2,000 sq. ft. two story home. A bigger foundation carries a bigger price.
- Labor - Much of the work on a modular home is done in the factory. There is still a considerable amount of site work labor that is required at your building site. The cost of labor varies in each geographic area. Manhattan, New York labor costs are much higher than Manhattan, Kansas labor costs. Unfortunately, there is not much you can do about this impact on prefab prices. When comparing quotes you want to make sure you are the same type and not a base price quote vs a finished price.
- Energy Efficiency - Many but not all modular homes are built to have high energy efficiency. This means lower utility costs for the lifetime of the house which is very smart. However to be energy efficient you need to spend more money upfront on additional insulation, higher quality windows, energy efficient appliances, creating extra HVAC zones, etc. Two identical looking modular homes can have very different prices if one has much more energy efficiency built into it.
- Customization - Basically, the more custom changes you would like the higher the price will be to cover the extra labor & materials needed. The most affordable modular homes often have very low building specifications. If you want marble countertops instead of Formica countertops that will impact the price. To save time some modular home builders will automatically upgrade certain building specifications because they know past clients always upgraded them (like changing economy level carpeting with hardwood floors). You should discuss upgrades and customization options with your modular home builder so you know how exactly it is impacting your modular home price.