NPHS is committed to supporting sustainable homeownership by providing access to quality, high-performance factory-built homes, also referred to as manufactured homes. Advances in premanufactured housing technology have made manufactured homes a more appealing homeownership option. We believe that this innovation will be the next disruptor in the housing industry by offering customizable, energy-efficient, quality homes that can be superior than traditional “stick-built” construction. Factory-built housing presents unmatched affordability when compared to site-built housing. For NPHS the average cost of developing a factory built home is $300,000, compared to $425,000 for a newly constructed 1400 Square foot site built home.
Benefits of Modern Factory-built Homes
Modern modular homes are a type of factory-built housing that can take on the look and style of a traditional home. The modular construction process starts in a state-of-the-art manufacturing facility and are built in sections (modules), so the homes can be produced at a higher quality than those built on-site. Homes arrive 80-90% complete when delivered to the home site. In Lego®-like fashion, the home is assembled, connected, and completed. With the drywall, flooring, cabinetry, plumbing, and electrical completed in a quality controlled, weather tight environment, the construction process provides a custom home within stringent manufactured requirements.
The construction timeline of factory-built homes is also faster and more predictable since a controlled environment prevents damage or loss due to weather and theft. This offers a cost savings to the homebuyer with a faster move in period. Customization can also be more controlled, with specific costs tied to features and amenities up front.
Factory-built Housing Terminology 101
NPHS Launches Manufactured Housing Campaign to Revitalize Neighborhoods
Manufactured homes represent the largest source of unsubsidized affordable housing in the United States. They are an energy-efficient and readily available option for communities experiencing housing shortages. For this reason, NPHS launched a manufactured housing campaign to kindle more opportunities to develop factory-built housing on vacant lots throughout the Inland Empire. NPHS recently completed the development of three modular factory-built homes in partnership with the City of Chino (see pictures below). The partnership redeveloped a blighted lot with three beautiful, energy efficient factory-built homes. NPHS is also working with the City of San Bernardino to revitalize its neighborhoods by developing manufactured homes on vacant lots throughout the City.
Manufactured Homes the Right Choice for Millennials and First-time Homebuyers
The next generation of homebuyers is realizing the financial burden of homeownership and some feel it is beyond their reach. More and more millennials are turning to manufactured housing as a solution. In fact, the largest group of manufactured home owners is between the ages of 18 and 29, as reported in the MHI 2014 Quick Facts report. And the great thing is that factory-built homes are a perfect fit for millennials who may be looking for high-performance, near-zero emission homes that are highly customizable. Technological innovations are allowing manufactured home builders to offer a greater variety of architectural styles and exterior designs that will suit most any buyer’s dreams, all the while allowing the home to blend in seamlessly into most any neighborhood. Two-story and single-family attached homes are but two of the new styles being generated by factory-built innovation. As a result, today’s manufactured homes are offering real housing options for the both suburban and urban buyers.