Prefabricated Homes Cost Per Square Foot
Manufactured homes provide the highest quality at prices of 10 to 30 percent less per square foot than the site-built homes. In many instances, the square foot price is $50 versus $94 for a conventional site-built home, and the completed home price variance is greater.
2014 - 2018 Average Sales Price by State, Selected Characteristics by Region, Average and Median Square Feet of Floor Area. TABLE. Shipments of New Manufactured Homes Shipments of New Manufactured homes by Month from 1959 to 2019. Shipments of Manufactured Homes by State from 2000 to 2019.
The final cost of my new modular home comes to $211,638. That comes out to just around $118.90 per square foot of living space and includes a two-car garage, a beautiful porch, a full basement, three bedrooms, two bathrooms, a modern kitchen, and gorgeous hardwood floors.
A "modular home price per square foot" is always misleading in part because the cost to build a home varies considerably depending on the design. For example, one-story homes are usually more expensive per square foot than two-story homes, if you keep everything else the same.
Larger manufactured 2,000 to 2,500 square foot homes made of higher grade materials can cost between $86,000 to $125,000. Daily Yonder said the average sales price of a new manufactured home is 64,000 when compared to $269,000 for a newly constructed home.
Typically, a modular home costs 10 to 20 percent less than a stick-built home, which is so called because it's built out of sticks or lumber. A conventional stick-built, non-luxury home costs about $150 to $250 per square foot. A modular home can range from $50 per square foot up to $250 for some luxury houses.