Factory Built houses on way up

HappyHarry said: "[url=http://www.latimes.com/classified/realestate/printedition/la-re-prefab12jun12,0,1789416.story?coll=la-class-realestate]Factory built houses[/url] are selling well. This could be a huge trend."

alhamid said: "well yeah, they building them up to 3,500 square feet now!"

Heather said: "HOV is up sort of nicely. It seems people aren't afraid of moving into new homes or changing their location on earth."

HappyHarry said: "I was actually in a $1 million factory built complex this week. The owner paid $350,000 for it in 1998 and the thing was just enormous. These definitely have a bright future."

BarbBQ said: "my mom had one built a long time ago. the house was only like 25,000.00 (in the 70's) and now it is valued at over 200k. it is a sturdy house that has 4 floors. (basement, lower den that's huge, kitchen/living room floor, and upstairs w/ 3 bedrooms and a 2 full baths) talk about appreciation!"

HappyHarry said: "The few people I've talked to that have them are very happy with them."

Heather said: "I they keep the prices low and the customers happy, I'm sure that they will have no problem selling them. How are they built exactly?"

glock35ipsc said: "We had ours built in 2002. We already owned our land, so when it came time to build, we had that much more money to spend. What we ended up with was a 4600 sq/ft (including full finished basement) 2 story custom loft home (built totally to our specs and floor plan) for under $250,000. We refi'd in April of this year, and the appraisal came in just over $640,000! So they definately hold, and increase, their value! But I have no plans on selling! It was built in an indoor facility in Nebraska. Each wall is jig built, lumber is stored indoors, etc. It arrived by truck in four sections: two upper and two lower. Axles were temporarily bolted on to the floor joists, then removed once they were being supported by the crane. They were completely finished inside except for carpet and trim where the sections joined. A large crane set the two lowers onto the basement foundation, aligned, then attached together at the massive floor joists that made up the center of the house running front to rear. Then the two uppers were set in place in the same fashion. From delivery to move in was exactly 45 days."

Heather said: "Sounds like you have yourself a good deal. I think that sounds like it would have better quality control, too. Lumber being stored indoors has got to be better than being all exposed outdoors."