Modular Homes…Are They a Good Investment?

Is a modular home a good investment? Find out!Tons of people just like you are looking for their perfect dream home. With so many types and styles of houses to choose from, you may be wondering where to start your search. Modular homes are becoming increasingly popular, especially for first time home buyers who want to make a smart purchase. Keep reading to learn more about modular homes and how they differ from manufactured homes in addition to whether a modular home is a good investment. You may find that a modular home is the best option for you!

What is a manufactured home?

Manufactured homes and modular homes aren’t exactly the same thing. It can get confusing though—so we want to better explain the differences.

Like a modular home, a manufactured home is built in a factory. In most cases though, they’re not set on a permanent foundation. This means that they’re transported to where the home will be, but they aren’t placed permanently and in turn can be more easily moved to a new lot in the future. Because of this, these kinds of homes are also referred to as a mobile home.

A manufactured home also comes in various sizes, like singlewide, doublewide, and triplewide. These options can add more space to a mobile home, but they can look exactly like the name suggests—factory built and similar to so many other mobile homes.

What is a modular home?

Modular houses are also built in a factory. They are then transported to a lot or property, where it will be permanently placed on a foundation. In most cases, individuals can’t tell the difference between modular homes and on-site build homes only from the appearance. When choosing between manufactured homes and modular homes, there are frequently fewer zoning issues with modular homes, so it makes for a wise and convenient choice.

Furthermore, an incredible amount of flexibility with modular homes. You can truly create a unique house that meets all of your needs.

Buying a Modular House is a Good Investment

When you make a home purchase, you want to be smart about it. Many people consider modular home investment because they’re becoming so popular and they can increase in value.

Yes, modular home values can increase over time—this makes for a good home buy.

Modular Homes Are a Great Option for First-Time Homebuyers

First-time homebuyers love modular homes for a number of reasons. For one, they’re completely customizable. This means they can create the best possible home that meets their goals. It can often be easier than searching so many already made homes. Modular homes can also be very affordable. When making such a huge investment for the first time, this is a great way to trim the costs of homeownership. Lastly, the home value can increase over the life of the home, which can make it a particularly attractive investment.

If you’re still wondering what is a modular home or is a modular home a good investment, speak with the trusted modular home dealers at Yates Home Sales. They’re ready to help you dream up the perfect home. You too can benefit from this investment.


What People Are Saying About Their Experience with Yates Homes

 
Testimonial Image from: Tom & Jo Amato

Five Star rating across the board!

We have had a wonderful experience (start to finish) with everyone at Yates. I sent an e-mail earlier in the week letting all know how much we really appreciated everyone. I think we met or spoke with most of you staff and everyone was more than helpful with any questions we had.

Your folks definitely make this painless (for us anyways) as possible and we are truly grateful.

Five star rating across the board!

Tom & Jo Amato North Carolina

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Testimonial Image from: Gloria Gibson

"I love my new home!"

I love my new home! I have received so many compliments. One couple in particular wanted to come by and see how we customized the outside. They also wanted a 2 story house and couldn’t visualize how it would look. They asked us about our experience with the home process. This couple is now purchasing a new home from Yates!

My home is “comfortable” and I got the kitchen I was dreaming of! Thank all of you at Yates Home Sales!

Gloria Gibson

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Testimonial Image from: Jason and Keturah Yancey

"...expertise and professionalism..."

We would like to thank Yates Home Sales for their expertise and professionalism with our new home. Our sales representative was very knowledgeable of her job and she knew what we wanted for our first home. We had toured many modular dealers but, my heart kept leading me back to Yates. The staff that built our home and the workers that put it together was on point with everything. We were never left with unanswered questions. Their tour homes is well kept and beautifully decorated inside so you as a customer can actually see yourself living in one of the modulars. That’s when my husband and I decided that Yates Homes was the place to go to have our home built.

So thanks to the staff at Yates for a job well done and a special thanks to our sales representative Lydia Gibson.

Jason and Keturah Yancey

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Testimonial Image from: Tim and Renee Hearp

"We are very pleased..."

We are very pleased with our beautiful Yates home. The staff was very helpful and patient as we planned our custom built modular home. Since we had recently lost our first home to a fire we needed to move quickly to rebuild and move back on our land. Yates worked very hard to have our family in our new home as quickly as possible.

Tim and Renee Hearp

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Testimonial Image from: Burt and Andra-Scearce

"I proudly tell them Yates..."

I wanted to take this opportunity to write a thank you letter. My family really enjoys our beautiful home. I want to especially thank CR Yates for working with us to resolve any issues or concerns. When someone ask who built my home, I proudly tell them Yates Home Sales. If I build another house in the future, Yates Home Sales will be my first Choice.

Burt and Andra-Scearce

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Testimonial Image from: Tim and Teresa-Boelte

"...we highly recommend them..."

My wife is a nurse and I handle warranty claims for one of the largest companies in Southside Virginia. We both work in fields where we know how important customer service is and should be. We don’t mind one bit telling anyone about our experience with Yates Home Sales. In fact, we highly recommend them to anyone that asks about our home. If you are in the market for a new home, go by and meet Lydia, Scott, C.R. and everyone else at Yates Home Sales. Then go look around at other places. If a top notch home, honesty and customer service are what you are looking for, I’m willing to bet that you end up right back where you started.

Tim and Teresa-Boelte Virginia

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Testimonial Image from: Mike and Janet Wanless

"...professional and efficient..."

We enjoyed working with the friendly sales staff at Yates Home Sales during our home purchase. They listened to our questions and helped us choose a home that fits our lifestyle. The Yates employees were professional and efficient, and maintained a low-key sales approach. At no time were we pressured or rushed to make decisions about our new home. Thanks to Yates Home Sales, we are living in our dream home.

Mike and Janet Wanless

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Testimonial Image from: Jonathan Manley

"My family and I are so pleased..."

My family and I are so pleased with our new home from Yates, I cannot say enough about the quick and courteous service we have received! The entire process of buying our home was made easy by the excellent staff at Yates and the service after the purchase has been great! We had one small problem with our plumbing after we moved in and the service staff from Yates was on it and had it repaired very quickly with absolutely NO FUSS. In times when good products and service seem to be getting hard to find, Yates Homes stands out as a great local company! I would recommend Yates Homes to anyone who is in the market for a well-built modular home – sold by people who care about the customers they serve!

Jonathan Manley

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  • Roxboro, NC  27574
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  • Fax: 336-597-4669

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  • Blairs, VA  24527
  • Phone: (434) 836-4215
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Yates Homes is one of the leading builders of premium modular homes in North Carolina and Virginia, offering top-quality modular home building services with a special emphasis on providing personal customer service and unmatched satisfaction.