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PREFAB	
  ECONOMY	
  
	
  
!
Prefab	
  homes	
  have	
  been	
  around	
  for	
  decades	
  and	
  have	
  revolu2onized	
  func2onal,	
  
affordable	
  housing.	
  For	
  its	
  2me,	
  it	
  has	
  been	
  incredibly	
  cost	
  efficient	
  compared	
  to	
  the	
  on-­‐
site	
  building	
  processes	
  of	
  today,	
  which	
  can	
  exhaust	
  more	
  than	
  30%	
  of	
  building	
  materials.	
  
Prefab	
  housing	
  construc2on	
  saves	
  2me	
  because	
  these	
  homes	
  are	
  largely	
  constructed	
  
off-­‐site,	
  the	
  deconstruc2on	
  of	
  previous	
  buildings	
  and	
  laying	
  of	
  the	
  founda2on	
  can	
  
happen	
  at	
  the	
  same	
  2me	
  as	
  much	
  of	
  the	
  construc2on.	
  This	
  efficiency	
  means	
  that	
  homes	
  
can	
  be	
  built	
  in	
  as	
  few	
  as	
  three	
  months.	
  It	
  would	
  be	
  rare	
  to	
  find	
  a	
  contractor	
  able	
  to	
  put	
  
up	
  a	
  s2ck-­‐built	
  home	
  in	
  that	
  2me.	
  
	
  
Some	
  claim	
  that	
  prefab	
  homes	
  are	
  cheaper	
  than	
  conven2onal	
  homes	
  and	
  some	
  don’t.	
  	
  In	
  
any	
  event,	
  prefab	
  homes	
  have	
  shorter	
  construc2on	
  2mes,	
  reduced	
  labor	
  costs,	
  less	
  
waste	
  and	
  poten2al	
  savings	
  from	
  volume	
  discounts	
  that	
  can	
  pass	
  on	
  savings	
  to	
  the	
  home	
  
buyer.	
  	
  They	
  are	
  also	
  cheaper	
  to	
  build	
  in	
  remote	
  areas	
  and	
  in	
  areas	
  with	
  high	
  labor	
  costs.	
  	
  
The	
  variable	
  price	
  of	
  labor	
  has	
  a	
  lot	
  to	
  do	
  with	
  fluctua2ng	
  home	
  building	
  costs.	
  In	
  a	
  
boom	
  economy,	
  labor	
  costs	
  go	
  up,	
  which	
  means	
  that	
  prefab’s	
  benefit	
  of	
  cheaper	
  
labor	
  results	
  in	
  greater	
  savings	
  than	
  in	
  a	
  poor	
  economy,	
  when	
  contractors	
  are	
  
willing	
  to	
  work	
  for	
  less.	
  
	
  
It	
  is	
  important	
  to	
  note,	
  however,	
  the	
  more	
  complex	
  the	
  design	
  and	
  specs,	
  the	
  more	
  
money	
  your	
  home	
  will	
  cost	
  you.	
  Other	
  factors	
  to	
  consider	
  such	
  as	
  electricity,	
  
plumbing,	
  duct-­‐work	
  are	
  oLen	
  not	
  factored	
  into	
  the	
  ini2al	
  pricing,	
  so	
  your	
  final	
  cost	
  
may	
  be	
  20%	
  more	
  than	
  what	
  the	
  builder	
  is	
  quo2ng	
  you.	
  You	
  may	
  need	
  to	
  install	
  a	
  
sep2c	
  system,	
  install	
  natural	
  gas	
  or	
  a	
  basement,	
  these	
  too	
  will	
  add	
  to	
  your	
  boPom	
  
line.	
  
	
  
Rather	
  than	
  overload	
  our	
  landfills,	
  however,	
  contemporary	
  architectural	
  firms	
  and	
  
design	
  companies	
  are	
  rethinking	
  what	
  prefab	
  means	
  for	
  today's	
  waste-­‐conscious	
  
and	
  energy-­‐savvy	
  homebuyers.	
  Many	
  are	
  combining	
  tradi2onal	
  modular	
  concepts	
  
with	
  a	
  customized	
  approach,	
  allowing	
  clients	
  to	
  select	
  a	
  basic	
  design	
  and	
  alter	
  it	
  
according	
  to	
  their	
  tastes.	
  

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Prefab economy

  • 2. Prefab  homes  have  been  around  for  decades  and  have  revolu2onized  func2onal,   affordable  housing.  For  its  2me,  it  has  been  incredibly  cost  efficient  compared  to  the  on-­‐ site  building  processes  of  today,  which  can  exhaust  more  than  30%  of  building  materials.   Prefab  housing  construc2on  saves  2me  because  these  homes  are  largely  constructed   off-­‐site,  the  deconstruc2on  of  previous  buildings  and  laying  of  the  founda2on  can   happen  at  the  same  2me  as  much  of  the  construc2on.  This  efficiency  means  that  homes   can  be  built  in  as  few  as  three  months.  It  would  be  rare  to  find  a  contractor  able  to  put   up  a  s2ck-­‐built  home  in  that  2me.     Some  claim  that  prefab  homes  are  cheaper  than  conven2onal  homes  and  some  don’t.    In   any  event,  prefab  homes  have  shorter  construc2on  2mes,  reduced  labor  costs,  less   waste  and  poten2al  savings  from  volume  discounts  that  can  pass  on  savings  to  the  home   buyer.    They  are  also  cheaper  to  build  in  remote  areas  and  in  areas  with  high  labor  costs.    
  • 3. The  variable  price  of  labor  has  a  lot  to  do  with  fluctua2ng  home  building  costs.  In  a   boom  economy,  labor  costs  go  up,  which  means  that  prefab’s  benefit  of  cheaper   labor  results  in  greater  savings  than  in  a  poor  economy,  when  contractors  are   willing  to  work  for  less.     It  is  important  to  note,  however,  the  more  complex  the  design  and  specs,  the  more   money  your  home  will  cost  you.  Other  factors  to  consider  such  as  electricity,   plumbing,  duct-­‐work  are  oLen  not  factored  into  the  ini2al  pricing,  so  your  final  cost   may  be  20%  more  than  what  the  builder  is  quo2ng  you.  You  may  need  to  install  a   sep2c  system,  install  natural  gas  or  a  basement,  these  too  will  add  to  your  boPom   line.     Rather  than  overload  our  landfills,  however,  contemporary  architectural  firms  and   design  companies  are  rethinking  what  prefab  means  for  today's  waste-­‐conscious   and  energy-­‐savvy  homebuyers.  Many  are  combining  tradi2onal  modular  concepts   with  a  customized  approach,  allowing  clients  to  select  a  basic  design  and  alter  it   according  to  their  tastes.