Real Estate Investor Magazine South Africa May 2018 | Page 42

TECHNOLOGY

Modular Homes

BY MONIQUE DU TOIT
WHEN TO CONSIDER A MODULAR HOME
Are you on a tight timeframe ? Since these homes are built in a factory and assembled on site , the building process isn ’ t subject to unpredictable weather . This means that homes can be delivered within a few weeks .
Are you looking for a simple design ? While not always the case , modular homes ’ designs do tend to be less complicated than traditional builds . There is , of course , the option of customising existing designs to add your own flavour .
Are you trying to build a more environmentally friendly home ? Since modular homes are built to strict specifications , there ’ s less of a chance that materials will go to waste . The fact that the homes are delivered ready-to-assemble also means that you won ’ t need an extensive clean-up of the building site . Finally , these homes are typically built with good insulation , and of responsible materials . This reduces the need for heating and cooling .

B

uilding your dream home can quickly turn into an expensive exercise . For many , the idea of being able to design your own home from scratch far surpasses being forced to compromise when buying an existing property . But the dream can quickly shatter once building costs , lengthy delays , and shabby workmanship get taken into account .
One existing solution that ’ s been making waves over the past few years , is modular homes . Also known as prefabricated or “ prefab ”, these homes are designed and customised offsite , before being assembled at the chosen site . The modular home ticks many boxes : on average , it ’ s 10-20 % less expensive to than traditional homes ; uses less energy and water in the building process ; and can be delivered in a much faster time .
Many modular homes are built from environmentally conscious products , such as glass or wood . This is not only more environmentally friendly during the build stage , but also leads to significant electricity savings for the homeowners down the line . With the ever-present threat of electricity and water shortages , this offers some comfort .
The basics
Most local modular home builders offer a wide range of models . From humble studios to extravagant multi-storey abodes , there ’ s pretty much something for everyone .
Prices fluctuate , depending on materials used , finishes , and the size of the home , but prices start at an estimated R8 000 / sqm . In most cases , the final price will include all fittings and fixtures , decking , foundations , and even appliances .
Customising a modular home is also a breeze , with the option of purchasing pods to add to an existing structure . Municipal approvals are taken care of by the manufacturer , and is oftentimes included in the overall price .
20 MAY / JUNE 2018 SA Real Estate Investor Magazine