Will Your Neighbor Lioke you Building a Modular Home?
February 10, 2009 7:42 pm 154Neighbors don’t always like the idea of a modular home. In many areas of the country, finer housing developments have a homeowners association and in some cases an architectural committee that must review all building plans. So when a perspective neighbor brings up a term like “modular home”, neighbors can get nervous about giving the “green light”. They are mostly concerned about their own property values in these cases. However, if the home is a trye modular home, concerns about the house depressing property values are unfounded. Unlike mobile homes and other manufactured homes that are built to federal Department of Housing and Urban Development standards, a modular home meet International Residential Code standards, the same regulations used for stick-built homes. This means that the modular home will have the same property tax values as stick-built houses and are not identified on the deed as being built off-site. The modular home will hold and even increase its value just as its neighbor homes will.