4 Things to Know before Buying Modular Buildings

by Kevin Smith Author

Modular buildings offer an exciting way for businesses to expand their footprint without dramatically expanding real estate overhead. Modular buildings are structures that conform to most of the standard codes and building requirements of traditional structures. The primary difference is that they are constructed from sections that are fabricated off-site and assembled on your property from those modules.

Because of their many benefits, modular buildings have become a popular way of adding square footage to business and residential real estate. If you’re looking to expand, you may have checked modular building prices in NYC. If so, you know that modular buildings can offer many of the benefits of traditional structures at a much lower price point. Read on to learn more about a few helpful facts regarding modular buildings

High-Quality

In many instances, modular homes are made of high-quality materials and are built to the same standards as their more conventional counterparts. They incorporate the same building materials as traditional houses, and because they are manufactured indoors, the quality control can be much greater. Also, modular building components must be transported to the build site, so they are robustly constructed withstand the trip.

Affordable

Modular buildings are particularly attractive because of their low price point when compared to traditional buildings. In fact, depending on the options and type of construction, modular buildings can cost around half what it would cost to erect a traditional structure on your property. Modular homes also give you tighter control over your spending, as you won’t experience costly weather delays common with traditional construction. Modular building components are constructed indoors in most cases, meaning that your building can be ready to go on a shorter timeline. That will save you from cost overruns and keep your project on schedule.

Flexibility

Modular buildings offer the ultimate in flexibility because they are custom-made to your needs. Depending on the planned usage, you can customize the floorplan, select building materials, and even choose your own amenities. You can get the exact building you need without spending extra money on expensive custom design and installation.

Better Depreciation

A modular building carries a lower rate of depreciation than many other types of temporary spaces. In fact, the depreciation on a modular building is like that of a conventional building. Your building will retain its value for longer, and because of the shorter amortization schedule, you may even realize some tax benefits with a modular building that wouldn’t be available with a conventional building.

No matter your purpose, it you’re researching modular building prices in NYC, consider these few facts before deciding the type of structure that best fits your needs. Modular buildings offer an excellent option because they combine better long-term value, affordable cost, quality craftsmanship, and flexibility of design.