Preconstructed Homes Give Utah Residents New Hope
While home prices are slowly declining, they’re still well above the rates a few years ago. Utah’s Salt Lake City, for example, has a median price of more than $500,000 for a standard home.
However, there’s a housing trend giving potential homeowners a new lease on achieving the American Dream: preconstructed homes.
Let’s discover more about this housing option and see why it’s taking Utah by storm.
What are Preconstructed Homes?
Preconstructed homes are an emerging trend in the home construction industry. Compared to traditional home construction where the structure is made from the ground up onsite, these homes are delivered with segments already built. All the construction team has to do is assemble the segments to create the new home.
Also called prefabricated homes, the segments are typically made overseas and shipped to a local location for adjustments. Everything needed to call it a home, from a kitchen and living space to a bedroom, is included in this package. The local company then handles shipping and setting up the home, which takes around a day or two.
The Magic of Preconstructed Homes
The idea of owning a preconstructed home sounds enticing as it is. Here are some things that this housing option can offer those interested:
Customizable Sizes
These prefabricated homes can start at 380 square feet and can be as large as you want them. The flexible square footage these homes offer makes them ideal for locations with tight spaces like Utah, where land area can be a struggle. Preconstructed homes also come in two-bedroom and duplex options.
Durable Materials
One concern many may have with the notion of preconstructed homes is their structural integrity. However, companies that offer the service ensure that these properties are as strong as most constructed homes in the market. Made with highly durable materials, these homes withstand typical weather conditions.
Affordable Housing Solution
Along with their flexibility, preconstructed homes cost less than your average house, with some starting at $80,000. That’s a whole lot of savings for those looking to start homeownership or empty nesters wanting to downsize.
Did you know that ijaraCDC’s investor-led programs can cover prefabricated homes? Check with our team today to see how to qualify for riba/interest-free home acquisition.
Start Homeownership with Preconstructed Homes
Owning a home is part of the American Dream, and prefabricated homes offer potential homeowners an opportunity to become one. With its flexible size and affordability, it can provide a good start to one’s homeownership path. Companies that offer this service hope that the trend catches on outside Utah and see more preconstructed homes in the US.
