Are Prefab Homes More Affordable?
Are prefab homes more affordable than other types of housing?
The general rule of thumb is that prefab construction is cheaper than stick-built homes by an average of 10 to 25 percent. Why? Mass-produced materials on an assembly line cut down costs because factories buy supplies in bulk. The cost of labor is also less because you don’t have to send carpenters, plumbers, and electricians to individual construction sites. And a faster build time saves money too.
You can expect to pay a starting cost of anywhere from $150 to $400 per square foot, and this price can sometimes (but not always) include the home’s interior fixtures. You should pay attention to whether your prefab package includes appliances, windows, flooring, insulation, wiring for electrical, and doors.