With so many things to take into consideration, building a home from scratch can be a daunting prospect for those who want to own one. Also, with the unstable economy still looming over us, it can be quite difficult to save every penny just to be able to afford the preliminary costs. With moderate to poor finances, it seems that owning a home is a near impossible feat.
That is, until the advent of kit homes. If anything is weathering the bad economy well, it is these pre-fabricated, pre-cut, mail-order homes that are manufactured and designed in a factory then delivered to the buyer’s chosen site, ready to erect. The fact that it is also considered the ultimate DIY project also adds to its appeal but then again, as with any important endeavor, it also requires more than just your standard knowledge of construction and an extensive funding source to pull it off.
While they are touted to be more affordable or cheaper options to traditional home-building, many still don’t have an idea about kit home prices and what they include. A honest opinion is that manufacturers only shoulder about a third of the entire costs while you are responsible for two-thirds of it and here’s why: the price tag for kit homes usually just refer to the weather-tight shell but essentially, you are still responsible for outfitting the rest of the home, from plumbing to cabinets to the light fixtures.
This also means that in essence, you don’t save tons and tons of money as what most potential kit home owners seem to think but that’s not to say there aren’t going to be any savings. The real savings will come when you start construction and realize that there are already so many things that have been laid out for you, like the pre-assembled roofs, walls and floors which save you time. Also, depending on the type of home you purchased kit homes can be framed in a matter of hours with a small crew as opposed to a week that it takes to put up a traditional home with a larger crew. In fact, recent studies show that a 2,600 square foot home equipped with pre-build trussels and panels was set up in just 37% of the equivalent man-hours put into a traditional home and with less waste, proving that since time is money, you save a lot as opposed to building your home from scratch.
To really get a grip on kit home prices, you need to understand that the costs start to run even before you have your home kits delivered on-site. To get it approved for construction, you need to undergo several processes like a soil test, buying the land, drawing the plans, surveying, house pad excavations and foundations which, all in all can cost you around $20-30$ and that’s without the cost of the land yet.
And if your kit is not estimated to lock up, then that means your costs don’t yet include the interior lining, doors, flooring, kitchen, bathroom, plumbing, drainage, electrical and painting, not forgetting the air conditioners, landscaping, driveway, wardrobe, tiling and lights and that’s going to cost you another $50-$80k.
And lastly, kit home prices will depend on the size, style and design you choose. Opting for high quality construction materials and more rooms over what is included in the kits will of course cost you more. It will also cost you more when you make little modifications or changes to the original design.