The Popularity of Luxury Modular Homes is on the Rise
Demand for luxury modular homes is booming in the United States, with consumers finally realising that prefab homes don’t have to lack high-end panache. As reported by The Wall Street Journal, luxury modular homes are now more popular than ever, with the pandemic contributing to the increase in this demand.
Unfortunately, modular homes are often confused with mobile homes, but that notion is quickly being dispelled. As reported by WSJ, a 26-year-old software consultant is currently building a $1.695 million (USD) modular vacation home in Ventura, California, which features four bedrooms, four bathrooms, an open-concept floor plan, a chef’s kitchen, engineered hardwood floors and a master bedroom with a private patio and soaking tub. Similarly, a New York seven-bedroom, nine-bathroom modular home with a pool, pool house, decking, geothermal and solar-power systems and a green roof sold in 2020 for its full asking price of $4.695 million (USD).
‘A mobile home is a manufactured home, but built to a lower standard. Modular homes are also manufactured in a factory environment, so that confuses people,’ says Kurt Goodjohn, co-founder and chief executive officer of Dvele, the prefab manufacturer building the luxury home.
In Australia, we’re seeing a comparable trend, with more homebuilders opting for the modular approach for its speed, sustainability, and increased end-cost savings. At Modscape, our homes also come with a fixed price, so customers know exactly how much their build will cost before any construction begins.
Be sure to check out our residential projects in Tamarama and Albert Park, as well as our Homes in Progress page to discover the potential of modular when it comes to high-end home design and construction.
Read more about Modscape’s approach to sustainable construction here. To enquire about building your project using the most sustainable methods, contact us today.