Could These Modular Homes SOLVE Home Affordability
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- เผยแพร่เมื่อ 25 ธ.ค. 2024
- Modular home need to become a main focal point to solving the home affordability crisis in the US. In this video, we explore how modular homes could be the solution to the current housing affordability crisis. We visit Irontown Modular in Salt Lake City, Utah, where we take an exclusive tour of their factory to see firsthand how they are using innovative modular construction techniques to create high-quality, cost-effective homes. From start to finish, you'll get an inside look at their process, showing how modular homes can be built quickly, efficiently, and at a fraction of the cost of traditional construction, making homeownership more accessible for everyone.
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What’s your answer for the home affordability crisis? Watch!!!😢 Modular Homes ARE Better Than Stick Built!!!
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There are budget monitors that have better stands that you don't need to put on blocks of wood and there are stands you can get. that don't have to be on blocks of wood. but hey, if you got what you got, just use what you got. Understood Just saying.
As a single 27-year-old male making $60K-$75K (depending on OT) a year, your videos are very interesting and well put together. It's refreshing to get an unbiased and grounded opinion in today's sea of ditzy and biased content creators on just about anything, ESPECIALLY amongst the topics of our terrible economy and sky rocketing housing market. You're truly providing a valuable service to the American people, and you've absolutely earned my subscription.
This should be the answer for those making under $50,000 and want a home. Rather than getting a low quality damaged home, or buying more than they really can afford.
I agree with I this person. Specially in California. I mean apartments here is same payment for mortgage. It’s ridiculous insane!!! Just because in a family one person who works earn 50 to 60 doesn’t mean you can afford a house. A tiny house modular homes mobile homes would be great for those who can’t afford regular house with nice backyards.
I think you left a "1" off of the beginning of that dollar amount. $150k. 😂
We are homeless and make under 50,000 and those toxic shoeboxes are no better than a coffin. Do your research better than Kristina.
@@EmilyGloeggler7984 If you're going to make the comment provide the information if you would to validate it, please.
@Ultrajamz still need to pay for property, well, septic, driveway, etc
Thank you, Kristina. I have an adult disabled daughter and have been watching this with great interest....
I lived in an RV then private owner finance then a piece of hunting land and saved like crazy to buy a modular on my own land. Fight against 30 year mortgages, high rents, car payments and HOA. Financing has increased prices even on sheds.
I am glad you mentioned land prep and cost. A lot of the affordability for these small modular homes must be lower land and land prep costs. Locally a minimum lot with power at the road and no other features will run you $150K to $200K. You will then have to drill a well, install a septic system, put in an access (driveway), clear and grade the lot and then put in the foundation. Once that is done you can get power run from the pole to the home location. All of that will cost you at least an additional $100K to $150K. So you are looking at $250K to $350K before you buy and install the house. Looking at the prices on the Irontown Homes site, it looks like a small home would end up costing $400K to $500K here. That isn't very affordable. I will note that a new home is nearing completion near my house. It is a two bedroom, single bath, 750 sq. ft house that just listed for $750K. It was stick built.
my thoughts exactly
They are beautiful, but they look really expensive for the square footage.
I would gladly live in one of those. Less energy costs too.
If you look at the dollar cost for modular homes, you will see that they are comparable to regular brick and mortar construction. The prices for modular don't include the price of the lot and the improvements to the lot. This makes the overall costs of modular home way more expensive than standard builds. IMO
I agree. Just started shopping.... For a modest modular in WI. 3 bed 2 bath . $250, 000 is the starting price. No lot included. 😮
Back east, yes. The west though costs substantially more and this gives access to a tier of pricing that doesn’t exist in current homes being built
Starting price for me in sw Florida was $275 and add ons was another $60k then the lot and lot improvements was another 80k. Or I can buy a brand new build with a lot for $350k in same area
Thank you so much for your focus on Modular Homes! Please continue to go from factory to factory so that the public can see the real companies. There are so many companies that say they do modular but then after asking the right questions, you find out it is not truly modular. There is a LOT of misinformation and scammers out there.
My take on affordability crisis. This is not the right angle to solve the problem. The problem is systemic. 15-20 years ago, the market wasn’t saturated with insitutional investors. They have poured a lot of money into the sector and shifted the course in a lot of states.
@@TuranZeynalliArmWrestling I agree and we haven’t been building those first time starter homes for over 2 decades. We need a bunch of small solutions to fix this very issue.
But you never stated your “angle to solve the problem”.
@@seanm3226also, it's public data how much money institutions have. They keep referencing Blackrock, blah blah blah. Collectively, that group has 2-3 trillion dollars. Invested in a ton of things, only a "small" portion of that is in real estate. I'll be generous and say 1 trillion even though it's far less. The total value of the housing market is almost 50 trillion dollars. Investors are rich, they aren't rich enough to corner a 50 trillion dollar market. This conversation about investors drives me insane. This has to do with people not entering the trades, so home builders can only build so many homes a year, combined with over regulated markets where the demand is highest (California and new York.)
@@KristinaSmallhorn how come they do not build houses shape like the egg they are very safe from hurricane
@@yolantasmith5630 they would still flood
I love watching you! I live in Bossier City but I have 110 acres of timberland in Summit , MS . I will be moving to my land in the next 2 years to retire and am looking for a house to put on it. ( or build 🤦🏼♀️) …Keep up the Great work ❤
Excellent video! You have provided a lot of information on modular homes and how they could work for some areas.
Some people are making comments that these are too small, they’re too expensive, you have to buy land first, etc.
Perhaps they didn’t fully watch your video lol. You did state that this isn’t an absolute fix for the housing solution and I agree. This is just ONE way to help people get a small home that is built faster and with great materials. They would be great for many senior citizens who sadly cant afford a home and also need 1 level homes.
I have a large home and I want to really downsize. But guess what? There is nothing for me in which to downsize!! If there is something smaller to be found, it is almost the same price as my current home.
Government officials need to start thinking about how they can help.
One way that was mentioned is that the large plot of land that is needed doesn’t have to go through so much red tape. A developer can get approval much faster.
Also, it’s time we went back to building a variety of sized homes in a subdivision. Most houses now are built large, but we don’t all need large homes. There should be a smaller starter home, midsize and then larger home. And don’t let the developer just build 5 starter homes in a subdivision of 100 for example. Also put a cap on the amount of large homes. Families really don’t need a 4000sq ft home.
We also need to stop investors from buying up so many properties.
There needs to be a drastic change and it needs to happen now. Thank you.
Glad you are back and safe
loved the episode and your cropped sweater is super cool.
@@durgles2306 thank you!
: ) WOW! WELL DONE indeed ! ! ! We NEED these and as mentioned, as CRAZY as CA is, the ADU mandate is brilliant to make LAND available ! : ) I hope this takes off and makes more affordable housing available, ESPECIALLY here in PNWest, where it's as CRAZY as Sn Fran etc : ( ALL the BEST and Cheers ! ! ! : )
Your channel is an invaluable wealth of knowledge. I love watching your content. Could you possibly comment or do a video on reputable manufactured homes. We’ve been seeing a lot of negative information about Clayton Homes and unfortunately they are the predominant one in our area (Ohio). Thank you for what you do, I hope your channel has continued success 🙏🏻
Sunday will be fun with Todd and you. Great guests and loads of information.👍
A small tornado shelter should be included in every state that experiences tornado, or wind events. Love these homes, options and affordability. Tornado shelters CAN be installed at a minimal price, but can be the difference in LIFE or DEATH.
You can order your modular home to include a basement.
In my experience with modulars, unless the manufacturer will do a start to finish turn key package, it's next to impossible to find a local GC to install it. Which you will need for your lender. So it really doesn't matter what it is or where it came from, if you can't get someone to put it all together, you are stopped dead in your tracks.
That's why you check the modular builders to see which places they build in.
I agree 💯 especially if it can help families on SS and low income
Hey. In Canada an average early 50’s bungalow in poor condition is over a million bucks Canadian = $27 US. But it’s not just the mod home but the land to put it on. I hear there’s still some reasonably priced lots in the Sea of Tranquility not far from the Apollo 11 landing site but they’re going fast.
Kristina, I really like this clip❤
Love these! This is what I would like to build.
great video Kristina
Cathedral/ vaulted ceilings make everything look so much larger.
This would be a great way to rebuild western NC after Helene. I would like more info on Boxable too.
@@edwardknutson8108 I thought that too. Those PMRVs could be shipped there so quickly and even helicoptered in for the smaller ones.
Man, how we’ve lowered the bar.
How much were those tho you never said a price on them?
I agree with you!
We got our R-Anell moduler home in 1992! 1800 sq ft. ❤❤❤❤❤❤
Interesting Option- Wish there service area was wider?
Totally agree!
This is a very nice modular house model. I appreciate your passion and thorough information regarding the housing market and various homeownership options.
In the same vein, could you do a video highlighting a company called West Coast Homes? They're one of the few, if only companies I've come across that build custom homes (traditional built) modular homes, tiny homes, and even park models. They're based in Washington State and have been in operation for more than 10 years.
Affordability is 'pie in the sky'. There's several powerful interested parties that do not want wide spread low cost housing.
“Powerful interested parties”. Sounds spooky.
Yep! The only people who want affordable housing are those who need affordable housing.
@@seanm3226they think the "institution investors" are manipulating a 50 trillion dollar market with their couple trillion dollars, even though institutions only delegate a portion of their money to real estate, less than a trillion. They don't remotely understand the institutions, what they're saying doesn't even make sense for how institutions are run(not explaining it, because I don't want to be found due to "self inflicted hanging") and this doesn't make money for institutions because they aren't allowed to use the kind of leverage they do on other investments so they don't like to do real estate unless requested by clients.
@@cb5516Exactly and the homeless will be growing even more rapidly in the US. There will never be affordable housing in the US.
11:24 give me a 🤬break...
We have land. We have land where people would WANT to live if there weren't ridiculous zoning laws, trouble getting permits, " historical preservation " et cetra that prevent demolition and rebuilding.
Most of these are made for the hospitality industry it would be interesting to see prefabs designed for people to actually live in them full time.
The service area for this company is out west. Are there any companies like this that do business in Pennsylvania?
That was great to see all the steps that go into modular homes. You don't talk about the price for the ones u showed in ur video. I just wanted a ball park number for a budget. I know it can vary, do to what someone makes decisions of choices that are used for their home.
Irontown Homes only deal with developers, no individual/private buyers?
Love this video! 👏🏽👏🏽👏🏽👏🏽
They deal with private buyers as well! Costs vary alot, ball park range is around 150k for basic models with no upgrades
@@remsmi1140 Thank you, that helps me with my budget.
The link to their page is listed and then If you click on each house, the entire floor plan along with prices are listed. I didn't see it at first but you have to click on "Catalog" and then "Residential" and the the houses. :)
There are many modular builders, no need to focus on just one.
Loved the video!! I am hoping more states follow California in their ADU regulations, I do believe it would actually make a massive dent in affordable housing!
Where can i put one?
Hey Kristina!
The problem is that everyone is greedy from engineering to the dirt contractor, concrete, etc.
Yes, it’s true that if I can’t afford the car that I want or need because it’s too expensive, a bicycle will be better than walking, but I can’t fit 6 more people on my bicycle, I can’t take a grocery cart full of groceries home on my bicycle, I can’t take my mastiff to the vet on my bicycle, can’t go 80 mph on the freeway on my bicycle….The point is, I’ve put a bandaid on my problem. While not having to walk is beneficial, I still need a car, not a bike. My point is, an “accessory” is an optional non essential secondary thing meant to complement or add value to another primary thing, or to have in addition to the primary thing, not to substitute or take the place of the primary item. When it comes to affordability, if I can afford the iPhone I need or want, there’s a greater chance I’ll be able to afford a smart watch to go with it. ADU’s are still only an “affordable” OPTION to people who are able to afford a traditional home. A person who would NEED an ADU as a primary home most likely wouldn’t be able to afford one. Furthermore, ADU’s are not meant to be used for 40, 60, 80 years as a full time primary residence. No one is going to buy a 40 year old ADU to live in full time unless it’s dirt cheap and out of desperation, but for them do be dirt cheap, the market must be saturated with them first to bring prices down.
They are nice but how much do they cost? Looked at their website and did not see a ballpark figure either. It was a great video but having an idea on the cost of it would have made it more complete. Thank you for taking the time to show these alternatives to traditional housing.
If you click on each house, the entire floor plan along with prices are listed. I didn't see it at first but you have to click on "Catalog" and then "Residential" and the the houses. :)
@@icypaw6770 the cheapest is $50k, but I think most of what we saw was $100k+
Wait.. for the same price as a house, I could get a small modular ADU with the bonus that most communities will not permit an ADU like these?
Love the episode. I really liked the 500 sq ft one... How affordable are they?
Not very.
The link to their page is listed and then If you click on each house, the entire floor plan along with prices are listed. I didn't see it at first but you have to click on "Catalog" and then "Residential" and the the houses. :)
Kristina, we need to know where to go for help for a Modular company that has not resolved issues after the house has been set. can you help with a direction?
My question is equity. What is their resale ability down the road?
There is some prejudice, but in general they appreciate like stick built.
These are gorgeous. The issue is they are still expensive. I have seen them100-250k but you still need land which is expensive and then you have to prepare the land which can be expensive. It’s not cheap. Then on top of that they don’t appreciate as much as a traditional house would which is a large part of peoples retirement. If you can rent land then that’s another thing they just keep raising the price on.
Little too claustrophobic for me.😬
@@cfoster6804 only one of those made me feel okay. The one towards the backend of the video. Thats why I said “oh, I can do this one” those employee cabins are pretty tight
I love the 500? I can live in 300-500sf. My land is done except septic. Are this affordable? ❤
How much did they estimate something like the 500sqft cost?
This modular home company is in Utah? I really love the St-Georges, Bryce and Zion canyon area and North Arizona. How would getting a piece of land there be like for a 60 years old Canadian? What are the requirements? How many months of the year would I need to be out of the U.S.?
Hey Christina,
I will be moving to Tennessee in 2025 and would like to know the names of modular home builders that would service or ship a home to Tennessee. Could you help me out on this? Thank you.
Jonnie Shipbaugh 🤔
Where I live you want a more expensive homes if you don't want to live by the Riff-raff
Along with homesteading
What manufactured company is this? Is manufactured homes the same as modular homes? I get confused what is considered a stick home? Thank you
Louisiana would be the perfect place for a factory like this. Low cost of living combined with central location could help with cost. Many of these companies are in CA where paying a living wage drives up costs considerably. Thanks for this!! Hope you make it to the Maui install!!!
@@Flyingrabbit2222 Shreveport has a GM plant the city took over. It can be converted to modular manufacturing.
If you mentioned the range of prices I missed it. They look really nice and I'd wager they are in the $100k range.
They start at around $150k for base models and lower square footage
The link to their page is listed and then If you click on each house, the entire floor plan along with prices are listed. I didn't see it at first but you have to click on "Catalog" and then "Residential" and the the houses. :)
Just wondering if you have seen some of the appraisal district fraud lawsuits in Denton County Texas.
Are these aproporiate for people with physical disabilities?
Modular and Manufactured homes are great, but at what cost per square feet? for the average salary of $65,000 per year.
Manufactured are mobile homes, not modular. They do not appreciate.
starting at 385k. i thought this was supposed to help, not be the exact same.
What was the price point on these? Are they under $100k?
Hilarious.
I did see one under $100,000. The link to their page is listed and then If you click on each house, the entire floor plan along with prices are listed. I didn't see it at first but you have to click on "Catalog" and then "Residential" and the the houses. :)
@@latonyalee7821 The base price is for the house module! Cost of land, prepping, and putt everything together on site are not trivial costs. A module that costs $70,000 will balloon to $120,000 after everything. Still a better deal than equivalent stickbuilt new houses.
The only way to make these “affordable” for the average person is for the government to buy a giant piece of land and provide the infrastructure, the plumbing electrical etc and sell them for 150k.
Make some modular communities, actually have these in communities that people can walk up and buy for 150k, like a stick built
Community.
🙌🏾💯👏🏾👏🏾👏🏾
Not sacrificing square footage for a "modern" and "non cheap" look
"Built to code" generally means very cheap, cost cutting. I would like something better than code.
Of course it is, because you have to buy a new one every couple of decades.
You're thinking of mobile homes.
I'd love to use a modular for our house (which is a current need) but the costs are still too high with this builder. In many areas you can buy a new house bigger and nicer for less money, and we may in fact do that, right now. We can literally buy a new and nicer 1600 sq ft house for less than the factory unit alone. => Modular has to be at-scale factory production without oversized profit margins or it can't reach the potential required. It is falling far short so far.
Remember these still have to be moved/craned/assembled and don't include the cost of land, foundations or utilities.
Yes it is if they let us build nimbys getting in the way
And what is the price.
I only want to pay 50k max for 500 sqft
Material alone cost more than $50k on these
Perhaps you should pursue something other than home ownership.
They do have a very small unit around this price. The link to their page is listed and then If you click on each house, the entire floor plan along with prices are listed. I didn't see it at first but you have to click on "Catalog" and then "Residential" and the the houses. :)
Land and prep costs more. You'd have to rent if you're not willing to pay for it. Your price point is a cheap townhouse.
That's inaccurate, as its just a band-aid but won't stop the overall problem. Try again, Kristina.
Double wide modular homes are cheap. The houses that you showed per square foot are very expensive.
Modular homes will "fit" to Florida hurricane
if California can do it, the rest of the country can do it. It’s a matter of priority.
If you think these are Solving "Home" affordability, your focus is clearly on the Industry, Not the "home" owner
@@Archosphere everyone deserves a home. What you envision for a home is completely different than the next person. This is one solution to a very complex problem. Not the ONLY solution.
Just an ad
You're as tall as my mum
To small and no storage
"Affordable" does not mean "expansive."
They're nice,except for the fishbowl effect.
Too many abbreviations! My head is spinning! It's like they're speaking a foreign language!
@@terrymoses7548 I agree. It makes me mad that they make it so confusing. Just make a house and make it right.
Ok, these are great for glamping or a couple. But these 'tiny homes' do nothing to address the housing crisis for families of four and five. Those are the ones having the affordability crisis. Using these tiny homes in a back yard are for the wealthy that can afford a mother-in-law house in the back yard. Companies such as Impresa modular are what you should be talking about not these tiny things!
Boomers would never allow these units into their neighborhood. "Not in my neighborhood. Lowering value of my home. Keep renting millenials."
All week my page has contained articles about the scam of modular homes. A company named Clayton was mentioned. These cannot be moved once they arrive. There's big quality questions on all things built today. Again, this is an assault on the low income and destitute. Rich people can just dispose of them when done. As usual, buyer beware. This woman is making money just for advertising them.
@@edie4321 I think you are confusing modular homes with manufactured homes. A modular CAN NOT be moved after it’s put in place. A PMRV CAN be moved once it’s in place. A manufactured home can be moved once but can not get financing once it’s been moved. I have a video about Clayton homes on this channel, it’s an interview from one man’s experience and it’s a good watch knowing what you mentioned about that company. It confirms your statements about them.
@@KristinaSmallhorn , My concern is that it is not being made clear for desperate buyers.
@@edie4321 I should have made it clearer in the video, I sometimes assume (and I shouldn't do that) that because I have made so many videos about the differences that many already know this. That's on me not Irontown.
Clayton is a bit scammish. But there are other modular home makers. You need to investigate and understand what you are getting. A modular home is put together on the site, it is prefab. A mobile home is finished, it is moved as one all together and hooked up, stuck in foundation, etc.
You’re looking at another $100-$200,000 minimum for land, plumbing, electrical site prep, blah blah blah
In California, Florida and Texas, maybe. In my state, the cheapest version is $120,000 after everything is finished.
oh yeah living in a shed out back like a denigrated person is totally the solution to prop up the complete failure of capitalism to have a SOUL
There's no jobs. Unless these are free it doesn't matter.
Exactly, the American version of Capitalism leads to unaffordability of housing, and health care. It's built in and part of the system.
This feels like propaganda. These aren’t affordable. Once you buy the land, improve the land, place the modular home it’s not any cheaper that buying an existing home that a bank will do a loan on. An existing home that has character vs these modern looks that will be dated in less than 5 years. You have to find a state that allows them, then you have to find a developed piece of land, possibly remove the 50yr old burned out trailer, then put this in. How is this going to help the avg person.
It won’t. It can only benefit a company that CAN produce them on a mass scale than can take all the profit…like what is happen now. 250, 000 all in isn’t affordable when you add in the time and trouble of them.
Its really bizarre how Chicken Little some commenters are. Modular are being built all over, with many styles, people like them.
Are you KIDDING ME?!?!? The answer to the affordability crisis is buying a tiny home where I have to climb a ladder to go to bed? And my 6’4” son’s hair rubs against the ceiling - of the better models?? And where do we put them?? Sorry - this is not solving anything.
I would like to talk to you about the shipping container that's square in the vidio!!!!! Please contact me!
Would very much like 2 talk 2 sales!!! Please hit me back with contact info?
Make some modular communities, actually have these in communities that people can walk up and buy for 150k, like a stick built
Community.
This feels like propaganda. These aren’t affordable. Once you buy the land, improve the land, place the modular home it’s not any cheaper that buying an existing home that a bank will do a loan on. An existing home that has character vs these modern looks that will be dated in less than 5 years. You have to find a state that allows them, then you have to find a developed piece of land, possibly remove the 50yr old burned out trailer, then put this in. How is this going to help the avg person.
It won’t. It can only benefit a company that CAN produce them on a mass scale than can take all the profit…like what is happen now. 250, 000 all in isn’t affordable when you add in the time and trouble of them.