Contemporary Modular Homes: Factors affecting the final cost

A contemporary modular home is a precision-engineered, trendy prehab structure built with functionality and style in mind. Contemporary modular homes are currently trending in various countries as they are closed on innovation, decreasing environmental impact and quality. In addition to this, modern building practices and technology are the core of building a small modular home. 

The market is full of manufacturers building contemporary style modular homes focusing on sustainable materials, practices, and systems. By constructing a contemporary modular home, an architect with his detailed designs can create the house of your dreams. A house that has got striking exterior experience, highly progressive design aesthetic, and unique shape in your specified budget.

In simple words, most manufacturers can build anything that will meet the architect's plans. A small modular home builder can meet the diverse needs of a wide audience. For doing so, they work closely with the consultants starting from the foundation design to the landscape. The design shows the result of the construction is highly customized, energy-efficient, extremely modern, and flexible.

Factors determining the cost of contemporary modular homes

The cost of contemporary modular homes can vary based on the country you reside in or the size and design you want for your home.

•    Geographical Location

The cost of your contemporary modular home highly depends on the location. Not only what you build matters but also where you want to build affects your contemporary modular home's cost. For instance, a small modular home in New York will cost you around $669,500, while the same in West Virginia cost you just $99,000.

 However, it can vary based on the nature of the location, transportation cost, sales tax, excavation cost, land development, and permit cost.

•    Size

Once you have settled the cost per square foot with your contemporary Home builder, it would be easy to determine how much money you will need to buy a house based on the size you want. Here is a simple calculation method; you need to multiply the price off per square foot with the square footage you want.

Here comes the question, how much cost footage is enough for you? For instance, in the US and average, house size is 2,435 square feet, but as you want a small modular home, so how much less area do you want. Decide this, taking into account the various factors along with your needs and wants. Also, keep in mind, with an increase per square foot, the cost of your house will also increase.

•    Design

An average price of contemporary modular homes can cost you about $50 per square foot. So, if you multiply it with the average square footage of a US home i.e., 2,435, it will be around $121,750. This is the average cost you can assume while opting for a contemporary modular home.

The price of your home will climb up drastically, depending on the customizations you want. For instance, utility hook-ups for electrical equipment and plumbing systems will cost you an additional amount. Furthermore enhancements like customized flooring and countertops will increase your total cost of your contemporary modular home.

If you are looking for luxury in your contemporary modular home, then the cost will rise to $300,000 for the outcome.