Modular Home Prices: A Cost Guide for 2024（1）

Key Takeaways:

Modular homes typically range in price from $80,000 to $270,000 for complete installation.

The base unit cost ranges from $50 to $100 per square foot.

Setting up and installing a modular home costs an additional $30 to $60 per square foot.

Modular home prices are influenced by the floor plan, the number of bedrooms, and any customizations.

Manufacturers construct 90 percent of modular homes in a factory within one to two months.

Modular Home Price Comparison: Base Model vs. Total Finished Cost

When considering a modular home, it is essential to understand the price range and the factors that contribute to the total cost. In this section, I will compare the base model cost to the total finished cost of modular homes in various sizes.

Let’s begin with a 1,000-square-foot modular home. The base model costs between $40,000 and $80,000, while the total finished cost ranges from $80,000 to $160,000. This price variation is attributed to additional expenses, including land preparation, foundation work, installation, utility construction, permits, and optional upgrades.

For a larger modular home measuring 2,500 square feet, the base model cost ranges from $125,000 to $215,000. The total finished cost in this scenario varies between $200,000 and $365,000, which includes all essential components for a fully finished and functional home.

In the table below, you will find a detailed breakdown of the price comparison for modular homes:

As shown in the table, both the base model cost and the total finished cost increase with the size of the modular home. It is essential to consider these factors when planning your budget and selecting the right modular home to meet your needs.

Next, in Section 3, we will explore the cost per square foot and the size of modular homes, offering additional insights into pricing and customization options.

Cost per Square Foot and Size of Modular Homes

When considering a modular home, it is essential to understand the cost per square foot. This knowledge will help you establish an overall budget and make informed decisions regarding customization and size. Let us explore the modular home cost calculator and the cost per square foot for various sizes.

The average modular home costs $50 to $100 per square foot for delivering the base unit. This includes the construction of the modules in the factory and transportation to the site. However, when you factor in site preparation, installation, and finishing, the cost per square foot can range from $80 to $160.

It’s worth noting that the cost per square foot can vary based on customized floor plans, designs, and finishes. If you opt for higher-end materials or unique features, it could add an additional $10 to $150 per square foot or more to the total cost. Keep this in mind when budgeting for your modular home.

One interesting trend to note is that the cost per square foot decreases as the home gets larger. This is due to construction efficiencies and economies of scale. Let’s take a look at the modular home plans and prices based on square footage:

   An 800 sq. ft. modular home costs $57,600 to $74,400.

   A 1,000 sq. ft. modular home costs $72,000 to $93,000.

   A 1,200 sq. ft. modular home costs $86,400 to $111,600.