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When you consider building a home from scratch, longevity is certainly going to be one of your number 1 concerns.
As with most things in life, quality is directly proportional to how far you’re willing to stick your hand into your wallet. Whilst many prefab homes use the same construction methods as traditional homes, even if they are well maintained, some can only last for as long as 35 years.
This figure is of course dependent on the materials that are used in the build. Spend more and you could own a prefab home that stands the test of time for centuries to come.
The short answer is no, they don’t. No guarantees here of course, but prefab homes appreciate at the same rate as regular homes, dependent of course on the real estate growth over time, developments in your area, asset depreciation etc.
Yes, you can. You’ll need to factor in the costs of the foundation build as well as the prefab build to get a more accurate estimation of cost.
Depending on the size, of course, the average cost to build a basement in your prefab home is between twelve to twenty-five thousand dollars.
To build a prefab home you’ll need to build the foundations, a cost that definitely should not be left out of your budget plan. Generally, you have the choice of 3 basic options: concrete slab, crawlspace, or basement foundations.
The cost of these options rises respectively, so it’s important that you research which option suits your needs and budget before making a decision.
The costs of insuring a prefab home can be more expensive than a more traditional build. The reason for this is that insurance companies consider prefab homes to be at greater risk of fire, wind, theft and water damage.