PREFAB HOMES in California Just got More Affordable!!
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- เผยแพร่เมื่อ 29 ก.ย. 2024
- A couple days ago California based prefab home builder Cover announced a new line of homes that will be more affordable for buyers. This is a trend that I've been noticing lately where companies standardize their offering in some way shape or form to make the builds more efficient and allowing them to lower costs. Cover just released their line of two homes on their website in both 1 and 2 bedroom models. In this video I look at cover, their new model line and their pricing. Watch and learn more about California prefab home builder Cover.
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*all content on this TH-cam channel reflects my own person opinion and should not be taken as legal advice or investment advice. Please seek out the guidance of trained and licensed individuals before making any decisions. Some of the links that appear on this video are from companies which Kerry Tarnow will earn an affiliate commission.
If 370k is considered affordable, then I'm living in the wrong century. But the show is, as always, informative and entertaining. Happy Canada Day.
Totally agree! $369k makes BOXABL look like a massive bargain + w/BOXABL one could add a basement, a 2nd, or 3rd floor & have $ left over.
Or living in the wrong area relative to housing prices. Living on the Right Coast in a large urban area 370K can get you a small studio apartment if you have lady luck riding along with your realtor.
It's affordable considering can't buy a shack in Toronto for under 1 million 🙄☹️
Also, California. 🤦♀️😳
facts you can just buy a house with the land out side the city smh
Call it "affordable" when they drop about $200k and $300k. I bought my traditionally built 2000sqft home for $350k about 5 years ago. Getting an ADU for the same price and not even half the space is ridiculously overpriced.
More affordable was a comparison to their custom pricing. Missed the mark, rethinking title
Affordable prices are very subjective depending on a person’s financial standing. An individual could purchase a multi-section modular with extras for less dollars. When these homes are priced it doesn’t take into account the site preparation prior to installation. So, a home is more expensive than what was quoted when all factors and expenses are included. Nice job, as always!
More affordable options lol? The fact that these can easily cost more than 3k+ square foot houses in most states is pretty funny.
I think these companies doing these prefabs are missing the point and are unlikely to succeed. Boxable atleast gets it.
On what planet are those affordable?
Hey Kerry,
I just love your videos and your Canuck humour! But I think I missed the "affordable IN CALIFORNIA" heading. Got my hopes dashed yet again by a handsome man:). Is there any hope for a Boxabl price range made by a non-Boxabl company, esp available in Canada? Thanks!❤
"Under the Cover S section of the website" (4:23)
Combined with the visual, this left me thinking, I could be sleeping 'under the covers' in a Cover S.
♥😴
Haha. Thanks for watching
Great video even if I disagree on your choice. I'll take the S2 thank you very much.
Fair enough! Thanks for watching
Looking to build on property I own. The costs of building/ modulars have been discouraging.
Plus property. Plus plus plus.
One can live on a cruise ship for 35k pp a year including food, laundry and housekeeping, internet, entertainment and more.😁
That sounds fun!
They look really nice and modern but I'm not real crazy about the giant windows. I don't think I'd really like to live in a fishbowl.
I would hate it when people tap on the glass like they do. 😏
Affordable? If you're in SF, maybe. But not after you buy land. In that case, buy what's already out there, no waiting. That's insane for a 1br 1ba
Looking for a 2 bd 2bth under maybe a 100,000 if any company has those over that is to much for me
You have 2 suits?!!
60k Boxabl looks pretty good❗️300k wow too High
Thanks for watching
This still is not affordable. The website has the S2 unit - 870 sq ft @ $514,000 $590/SQ FT. No. The point of prefab was to be cheaper and easier to assemble than stick built.
Hey Kerry “ Beautiful homes…still a little pricey…correction…pricey…
Just got less unaffordable is a better title.
Haha
What about affordable pre-fabs for the Northeast? Sigh....At least your videos are great and affordable
370k may only be considered affordable where they are manufacturing, or for those with extra income to spare- BUT certainly not for people looking to get out of these kind of price tags. For that price you can build the conventional way…
Thanks for what you do but these prefabs are certainly not in my personal opinion not why I stopped to look at this video.
'TOO AFFORDABLE!!'😎 LOL! MUST BE A CANADIAN THING ... YOIU ALWAYS MENTION ANY EXISTING .. 'COAT CLOSET'
$514,000. Half a million for a shitty tiny prefab house. I think the Brooklyn bridge is cheaper.
Thank you for the feedback
You should have told us the price before we watched that long a--ed video!! Hell no! I can buy a mansion in Portugal with custom stone work for that price.
Is that true??
That is not affordable r u crazy???!
Haha more affordable was a comparison to their custom pricing. Re thinking the title now, seems to have missed the mark 😬
Nothing coming out California is affordable
Fair point
If I heard you correctly... they/cover totally lost me at $369,000 =0 =0 =0
Over 300k for a 582sq ft home? It is "more affordable" than their custom line, but geeze. Also, they're a little late in the "revolutionizing the home industry" bit. Edit: even though I find this one overpriced, I enjoy your videos and humor. Thanks for showing us all the various options out there Kerry!
yeah i disliked the video. felt catfished at the end. that was a lie. def not affordable
Agree, how is $369k affordable? I can build a house for less than that at 2x the SF.
Quite pricey not affordable
More affordable IN CALIFORNIA. Pretty sure Ker-bear doesn’t set the prices. Also pretty sure some folks haven’t looked at real estate prices in California recently. That said, 369 for a 1 and 1 is eye watering. Still appreciate seeing new stuff though. 👍
You are correct about them being late to the modular prefabricated home market, plus their prices are out of line with industry standards $350k-$500k Cover doesn’t realize that at $500k you can build or buy a custom home IN California! Yes you have a 3 hour commute to anywhere Northern or Southern California but it’s possible take a look at Halfmoon Bay Area in Northern California going south along highway 1! So Boxabl and Steelbox manufacturers both have Covered beat by $150k!
MORE AFFORDABLE OPTIONS!??? 😂😂😂
Exactly! Talk about the cost of land first when talking affordability in California, Southern California specifically and I'm not talking the Eastern part of the state nor the deserts.
What a joke
Um Terry, these are not affordable. I was lucky I could afford my home, and I spent $55,500.
If you get the standard model, haven't they already designed & engineered it ?
Why are they charging an additional $4,000. ?
Is it just another way to increase the price without saying they've increased it ? 🤔
Yeah - and the S2 is not exactly "affordable" in the first place either!
Ya cool stuff. I not going to pay California prices for a home I would need 2,000 or + miles away along with transportation costs, and additional pollution to the environment. + I’m not going to pay 500-600 dollars a sq.ft. For a tiny home. Let California buyers pay it? I’m not over in Tennessee.
Oof, the homes look great for sure. However, me who is usually pretty lenient on pricing because I'm in CA think that is a lot.
Do you think any of these builders will ever come out with just a bathroom / bedroom / hallway section that will attach to the main section so you can add additional bedrooms if you want ?
By having pre-designed additions that would make it easier for people to create the floor plan they need without anything really being custom-made.
The only way these would be affordable is if they were in pesos and not dollars. $514k for a 2/1 is crazy even for California.
LMAO!!! completely agree!
still seems pricey when you can still find traditional houses that are larger. Maybe I'm wrong, but wasn't the idea of a prefab started as an affordable alternative? Also, the question I'm always left with is do these models function in snowy climates? what's with the flat roofs? ever found yourself staring at your flat roof garage that has 2 feet of snow drifts on it? Love your ever tidy log cabin living room Kerry. ..😉
I think these pre fabs are designed for Southern California, snow not too much of a consideration.
More affordable for WHO?, OH.... the ppl in California who just sold their over priced home.
Great video, Kerry. I like both models. Albeit I don't know anyone who thinks this is affordable.
Thank you for presenting a standard plan, cost at $300k is high and not affordable so if cover can reduce their price and shorten the build time is exactly what people are looking for! Again your presentation is excellent we have to talk further about Cover and other manufacturers!
Thanks for watching!
I think when people complain about affordability, they're pointing out that, in the beginning, prefab homes were heralded as a form of building that would lower costs because they are cheaper/faster to build. And mainly, it DOES lower costs.......for the manufacturer. What's annoying is that these lowered prices don't seem to be passed on to the consumer.
Maybe it's because their often contemporary designs give them a premium look, but prices on new prefabs are MORE expensive to consumers (per square foot) than traditional builds. If I'm going to spend 370k on a house, I will choose one that's already on a lot, etc. If you have to buy land first, this 582 sqf house easily jumps to half a million dollars!
This is, of course, not a critique of you, Kerry, and just frustration at the prefab industry and what it's become.
I'm pretty sure these are even more expensive than regular houses. I'm going to try to get some quotes later and see if it's a better option for me to buy a house that is already built but I'm pretty sure buying a small plot of land and then building a house on it is currently cheaper for some reason
Hi Kerry, i agree with a lot of the other commenters. Here in Albuquerque NM, the 2100 sq.ft. house 2 doors down sold for 400K. I'm certain those are just cool and beautiful places, but....dang, California! (And I'm not inviting CA to come and inflate us-again. I know what you did in Santa Fe, AZ, OR, and WA.)
Where do you think all the people in California came from? They came from other states and turned it into the mess it is today. All across the country it's the same in every state. As soon as someone buys the land and develops it, it turns into a $500k house on a small lot. Now you see why everyone is poor or homeless. It's a money issue, not a people issue. Everyone just wants to live a good life and they will go where they are able to do that.
@@fuzzytigercatyou should understand these are ridiculous even by California standards.
$369K and $514K? You kidding me? That's insane for a small home!
Affordable as in,
.... The baseline Rolls-Royce vs. the decked-out version ! :)
And to think that the design fee goes up to $40,000, because they might have to add one more 3 ft panel in the bedroom 😂
Anyway, all that said, love your videos!
Always on the lookout for East Coast ( tri-state) small home prefab options!! 🧐😉
You lost me at the price. Wow!!
If they sell more than 1 of each version people are crazy CMON PEOPLE they targeting a select few
This video is the first time I've heard about a manufacturer having a software that "can instantly confirm that the floorplan design is compliant with local zoning and structurally viable and buildable within their system." What does this mean exactly? Does this mean that they can confirm their home meets the permitting required in a community and confirms that the house can be constructed on a piece of land? That would be huge because one of the biggest sticking points for me is determining those factors. Your videos are incredible, Kerry. I'd like to be a home owner and your videos have given me hope!
Cover is a cool name for a prefab house company. I like the exterior of both S models. Though I’ll admit, that’s a lot of doors…sliding or otherwise. 😁
I usually never bring up the price but these prices feel like they reflect the housing market in Southern California where most conventionally built homes start at seven figures and go up from there. I try to always keep in mind what the market is like where a given company is based out of. That usually gives me an idea of why the prices are what they are. 🧐
I’m all for options. So I have no complaints. I’ll just keep tuning in and one of these times, hopefully, I’ll go that’s the one! 🤞🏽
Fantastic update Kerry. I had Dominos yesterday otherwise I would’ve ordered some Poppa John’s. 😎
Until next time.
I'm not a 100% sure but i think you cant say affordable and 270 000 bucks in the same sentence!!?? Am i the only who thinks that tiny homes are for ppl who dont have a lot of money!?... if i had 300k for a house, i would buy a "regular" house... and yes i know in California its expensive to live there but again, im pretty sure the ppl who thinks its expensive to live there dont have 270K for a freakin' tiny house!!
I live in a tiny house because I enjoy the efficiency and affordability. Utilities are a fraction of a regular house and there's no wasted space to fill with crap you don't actually need.
Most Americans don't have $1,000 for an emergency....so I think you're right. Are these for average Americans?
@@julesf. Thats really cool you live in a tiny house, i would also like that lifestyle but tell me did you buy your tiny house 270 000 bucks?
@@mathieuduval7544 LOL Not even remotely close. More like $65k
@@julesf. Thats what i thought, i knew you were a smart person 🙂
I don't consider their homes to be affordable.
I enjoy seeing what is out there in the manufactured home market and the channel has interesting options.
More affordable was a comparison to their custom pricing. Re thinking this title, missed the mark
If you are going to live in a trailer without wheels - it needs to be priced like a trailer motorhome without wheels. You ought to cover the "rolling pre-fabs" as well. they have better pricing and flexibility.
I know CA is expensive. But, if you already own the land, does it really cost $514,000 to build a two bedroom, one bathroom, 870 sqft house in CA?
Kerry, have to agree with other viewers. You pitch these "standard" configurations as the "value option" but they both are priced at around $600/sq. ft. I am curious to know what the design/builder's actual cost-to-produce is on these things. I am sure profit margins are obscene. But, if people are buying them .... what does that say about our social and economic situation..
JESUS LORD ... JUST GOT BACK FROM THE GUNSMITHS/'GUN SALE AT THE CHURCH'😬YOURE RACKIN EM UP ... WHAT NOW?
The affordable? Sounds like this company just took that word and slapped in the model. Those prices are an insult to the word affordable
The average income in California is somewhere around 85K. Nice video though.
Yes I’m old and don’t know what cat fishing is? But I felt it nonetheless!
I like to fish though 🌴
Hi Kerry!
I was just about to say, "hope you have a great 4th of July!", then remembered that you live in Canada.
So... hope you enjoyed your weekend.
The news about this company trying to knock the price down was exciting, until you gave the actual price 😞
Still appreciate the work you do to bring the latest going's on in the world of off site constructed homes.
That's all I have for today 😁
From your friend in Yuma, INFERNO, AZ
❤️🌵☀️⛈️🌈☮️🐎
hI Kerry. LOVE your videos, you have a hilariously dry sense of humor. I'm hoping you might find some builds less than $200k, less than $150k, and less than $100. looking for those groupings for a project i'm thinking about. Obviously you're not gonna do just what i want, but hey, thought i'd throw it out there. Love your channel. Peace out.
Wait, don't they have Fourth of July in Canada ?!? 😮
Does it just go from July 3rd to July 5th ? 🤔😏😉
@@dalegereaux1863 good question.
I just made an assumption, which as we all know, usually means I may have made an ass out of myself ☺️
$600 per sqt? That is insane. Who are the customers?
"More" affordable? This is why big corporations entered the mobile home market..to keep homes.. un-afordble 😢
Thanks for watching
I would feel safe to say that people downsizing to something like this. Affordable would be under a $100,000. Or less
Thank you for the feedback
@Kerry, The glass wall in showers are opaque. Cover did install a clear glass wall window in a custom built home. The transition of the images in the slide show makes it appear that the glass wall can use electricity to go from clear to opaque. I would have paid for that option, but it was not available when I purchased mine and I'm pretty sure it still is not available.
Nothing affordable here.
That is def not affordable…
Is the reason for the six to nine months timeline because they are just getting started or do they have a backlog already ?
How about something for UNDER $100k?
Yes, let's start here...only post homes UNDER 100K
I guess it's more affordable if you live in the Bay area or Los Angeles. A stick home cost less to build and around the same time frame. I see this with almost every modular. I live in the central valley area and a 2000sqft custom stick build is running about $480k today. I'm looking at a 1200sqft home and will easily beat these costs.
Thanks for watching, 480k seems reasonable!
@@KerryTarnow Sorry, I'm just now having my morning coffee so brain is still starting up. Love your content and many of the homes in the modular space are beautiful. I was just stressing the cost per square foot. Most are unaffordable to the average person. I hope things change in the future. I am starting to build a house right now and getting 3 times the space as the S1 at less than that cost. I think modular homes should be faster and cheaper than building from scratch. Isn't that the reason they started making them in the first place (i.e. Sears catalog)?
Not very transformative!
Seems like there are very few if any companies offering competitive prefabs on the East Coast of US. Kerry, if I’m wrong please share some info with us. Thanks
There definitely seems to be less! I have one coming in a video though
@@KerryTarnow I am looking forward to that!
Affordable? Compare these to a Dwelltech Dwelly.
$125,000 for 1 bed, 1 bath, $155,000 for 2 bed, 1 bath, $157,000 for 3 bed, 1 bath, $198,000 for 2 bed, 2 bath They even have some down to $72,000. Canadian made, Canadian prices. CSA A277 Modular.
The old rule of thumb: No car should cost more than 1/2 a year's income. NO HOUSE SHOULD COST MORE THAN 2X A YEAR'S INCOME. That should be our mantra. Period. If it means we make the sacrifice to buy a tiny car or house so be it. The downward pressure on the folks now (and for decades) forcing prices beyond the stratosphere would eventually allow us to live by that old rule. And perhaps we would no longer need two full time bread earners in each family. And THAT might mean more stable and happier families.
In this video, your hair is doing an "Aunt Bee" bun style from the 60's TV sitcom " Mayberry RFD"...and as usual, this is another company perched to going BK building $500 a sq ft homes. Not going to happen.
Affordable sure has a different meaning with this company. Over $500K for the 2 bedroom!!! Then there's the land cost, septic, power, water, Permits!!!! How about a California prefab company that does "real" affordable.
Kerry let me be one of those people (straight off the bat) commenting from SA - why are these units so freaking expensive??? Material and labour cost can't be that high, really, is it? We can do that for 1/4 of the posted prices this side, and keep in-mind, decent timber in SA isn't easily to come by, nor cheap...
Also, you need a new "studio" man - after 360 million great videos - thank you!!!, a new studio & look is overdue 😬
WOW, seriously? If this is affordable, then I wonder what their custom costs. Prices start 369K for a 1 bedroom and 514K for a 2 bedroom? You can get a custom stick build for less than this. Los Angeles, CA new home construction cost is $400-$480 per s.f. The Covers S1 starting at 369K ends up costing at 636 per s.f. This is not affordable, it is price gouging! I did a filtered search on Redfin and there are new homes within the state that are less than 514K. They are bigger, they have garages, the land is included and they are available now. There are plenty more around the US but obviously, this company may be catering to certain areas. The 2016 passing of ADU laws was aimed to address the high cost of housing and companies like this are not helping that situation. You may want to reconsider your title because it took until the end of the video to get to the price. Doing this to get us to watch will not get you new subscribers or get us to watch any of your other videos. I honestly hate writting negative comments.
Cover is not pricing competitively with their latest options. Their 800 sq ft house cost 500k. You can get a larger prefab from blu homes (Origin 1000 is 1000 sq ft) for 400k and its more luxurious. You can get an prefab from ORCA for less as well compared to cover. What is the justification for the price difference when compared to their competitors?
Kerry thank you for this video about a new line of Prefab homes. I find them all fascinating, yes more expensive than a regular home, but I bet, better built, fuel efficient and able to stay sturdy and strong for decades to come.
Thanks for watching
They actually think a one bedroom, 580 sq ft home starting at $369,000 is more affordable??? Maybe in the pricey California market, but it is way out my reach. Thank goodness for other options.
Everyone can see why they are only in California. $300K for what is effectively a 1 bdrm tiny house is crazy! Well second thought, I guess this would be the same as buying a 1 bedroom condo in Atlanta. Hmmmm….
Nice, but looking at the prices on the S1 and S2...those prices are not affordable. That S2 is is over a half a million dollars. The S1 is close to $400,000. This is not the affordable housing those who need affordable housing are looking for. These prefab builds are simply too expensive.
I agree that these non-custom models are pretty perfect, but the price is not competitive, in my view. They really should have been able to get something under $300k for an affordable line.
I mean…as long as there’s capitalism, I really don’t see us making a dent in the housing crisis. We got a global pandemic and instead of humanity improving, we’re constantly walking the tightrope of toward a recession. Love the videos. But I think it’s best to tune out words like, “affordable”, to see their true quality.
$369k for their most inexpensive model? Pss, I’ll just buy a top of the line modular home & call it the S 1000’s in my bank.
Umm drum roll
Kerry, if this is affordable?
I’ve got a water plant lot in the Sahara desert to sell ya, super affordable at just $500 G’s WTF🤷🤷🤷
It isn't the depriciating prefab home, it is the outrageous cost of property, and being forced to connect to public services. We use to be able to have a well dug (that we could power with solar), and have our own sewers systems put in for combined total of under $20k.. now you will pay more to the city for these mandatory things..
Wha? This is not affordable, AT ALL! 😱 If this pricing seems affordable to you then, wow, you are living in a super expensive area! 😅
Yes seriously I'm reading some of the other comments they agree with me this is ridiculous some of these prefab homes cost $50,000 $70,000 that's great that's something I can deal with anything above $300,000 for prefab home is ridiculous don't even bother posting those
_If this "S" line is supposed to be "affordable", then we need the "S squared" line so it becomes "Really affordable, and we aren't kljoking this time like we were with our S Line"._
When it costs over half a million dollars for a 2-bedroom prefab, what's the incentive? You can build a stick-frame house for less in most parts of the country and pick the style and finishings you want. I don't get it.
It feels silly not to acknowledge how unaffordable these are. That said, I’m interested in videos about buying secondhand if you would cover that.
Cute. But looking for an ADU in my backyard for guests. Will keep watching you until something suitable comes up. Thank
Website says it's like $360K. Who would buy two small rooms for that???
400k? Haaaaaaa! Tell me when their factory space goes up for rent.
That's half a mill for 2 beds, that's not adorable in most of the USA. makes no sense.
This has to be a joke. 300k for a 500 square foot trailer? 😂😂😂😂
Does the price include foundation, utility and sewer hookup?
Enough with the clickbait "affordable" titles.
A half a million dollars is not affordable it is not livable most people cannot afford a half a million dollars for a two-bedroom prefab home come on
I like S too!
are they still doing the cover S? can't find it on their website :(
If you don't know the past you're not going to understand the future or even the present...
EXACTLY 1/2 MILL IS CONSIDERED AFFORABLE ITS NON SENSE!!!!