Modular Homes and Appraisals: What You Need to Know

Modular Homes and the Appraisal Process

Modular homes are often confused with manufactured housing, but the distinction is important. Modular homes are built in sections inside a factory, then transported and assembled on-site. They are built in a controlled environment to International Code Council (ICC) standards and are permanently installed on a foundation. Once installed, they are considered real property, just like site-built homes.

Wind River Built is a modular home builder that works with architects and developers to create custom, high-quality homes. In a recent blog post, they address one of the most common questions around modular construction: how these homes are appraised in real-world market conditions.

From an appraisal standpoint, modular homes are valued based on what buyers recognize and pay for in the market. Build quality, materials, layout, location, and recent comparable sales matter far more than how or where the home was constructed. When a modular home is built to code and permanently installed, it is evaluated the same way as a traditional site-built home.

We appreciate when modular home builders take the time to explain how appraisals work and help set clear expectations for homeowners, lenders, and developers. Educational resources like this help reduce confusion and support more accurate valuations across the industry.

If you want a clear explanation of how modular homes are appraised, Wind River Built breaks it down well in the article below.

Read the full article from Wind River Built:

https://www.windriverbuilt.com/blog/proven-value-how-modular-construction-appraises-and-performs-in-todays-market

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