When looking for an investment property to purchase, it’s almost certain that investors prefer to look for existing properties rather than building new ones. At first glance, an existing property seems a lot more convenient, and it takes very little time to find one and purchase it. However, it does have its challenges.
Existing houses require a lot of inspections and maintenance before they can be considered ready for sale. This leads many to build their own properties instead, since they have more control over the build quality and the history of the house. So, if you’re leaning towards building your investment property, why not try building modular houses in New Hampshire?
Modular vs. Conventional
Modular houses are slowly becoming more popular in recent years. Unlike conventional houses, modular houses are built quite differently. As the name suggests, modular houses are prefabricated in several modules that are then installed and built on site. The off-site building method doesn’t in any way affect the quality or durability of the structure. The following are some of the advantages of building a modular house as opposed to doing it by conventional means.
- Less Maintenance – When building a new investment property, you have the luxury of picking out new materials, fittings, features, and appliances that are of the highest quality. There’s little to no chance of it requiring some maintenance as it is practically a brand new house being built. Buyers are always on the lookout for any maintenance issues in every home. By building your own investment property, you don’t have to worry about landlords and potential buyers scrutinizing your property.
- Better Standards and More Luxury – A newly built home means it follows the latest standards in home building, especially when it comes to a modular home. Modular home builders are more or less up-to-date on the latest building standards since their method of building is relatively new. You also have the option to build a more luxurious-looking home that offers all the comfort that comes with it.
- Faster Build – Believe it or not but prefabricated homes in New Hampshire are built at a much faster pace than houses built in the traditional way. Both methods of building houses require the same planning and approval. Still, the actual construction of a modular home can be completed in as fast as 12-16 weeks, which is significantly less than conventional construction. This is mainly due to efficiencies in the off-site build since everything needed is already available on hand.
The Bottom Line – Modular Houses are a Sound Investment
Imagine building a house in a matter of weeks, while maintaining the same level of quality as a conventionally built house. That sounds like a miracle to someone looking to invest in a newly built property. With modern, quality fittings, stylish designs, and a faster build time, there is plenty of upside for you and your future tenants. If you can spare a couple of weeks and you have the capital to invest, modular homes are the perfect choice for an investor like you.
Kill Mountain Building Co is the leader when it comes to residential custom home building in New Hampshire. As an authorized builder of PBS modular homes, we have the skills and the experience to construct the finest homes in a third of the time needed to build it on-site. When looking for a reliable builder of fine custom homes in New Hampshire, we are the ones to call. Contact us today to learn more about our services.