http://www2.gomodular.com/specials/legacy-colonial.htm
I'm going to do a comparison between stick built and these. I want to find out what the costs are, but so far it looks like the mod home is cheaper.
Here is my rough math for the Heritage I Colonial.(paper napkin killing time between class)
Lot $50,000
House $108,500-Standard Specs, plus the gas fireplace those add some value
Site work $30,000
Mis expense: $20,000*
FMV $399,900-$425,000 depending on the location.
So $208,500-$400,000=$191,500-4% for sales expenses(I work for free, offer 3% co broke, 1% for closing costs, ect) $183,840. Looks like their is $100k profit in their once all the stuff I'm missing is thrown in.
Naturaly these are super rough numbers I'm just starting my research. I also need to find a lot, I have two possible's now that are in a so so area so $389-$399 for each of those, in a better area like North Milford $450k. I'd prefer to build a colonial over a raised ranch because around here colonial's always sell better and for more money.
*sewer, water, cost of capital, transport and finishing work need to be calculated, as well as overruns.
Any input would be appreciated. I'm interested in these because supposidly they arrive almost done, so in theory I should be able to go from a clear lot to a finished house in a month.(or less) No other builder in my area is doing this they all stick build.