Home construction is an ever-changing landscape. What was popular a few decades ago could easily lose its flair in today’s construction industry. As customer requirements and preferences change, modular home construction is becoming a desirable go-to option for people hoping to build their residences.

The main factor pushing more people towards modular home construction is urbanization. According to a 2018 journal publication by Our World in Data, over half of the world’s population now inhabit urban areas. This transition has transformed how people live, paving the way for newer, more innovative means of putting up homes. Modular home construction offers home builders the perfect channel to embrace urbanization.

Building experts share that the average industry growth for modular homes has risen by 3.3 percent in the last five years. That begs the question, what has made modular home construction so appealing to home builders?

There are a couple of reasons that could account for the increase:

Lower Planning and Construction Costs

There’s that famous adage, “Failing to plan, is planning to fail.” Those words couldn’t be truer when it comes to home construction. Planning is a vital part of the building process and cost planning gives homeowners an idea of how much the project will cost. Modular home construction reuses pre-planned modules and that translates to significantly lower planning costs in terms of hiring qualified personnel.

Modular home construction also lowers the cost of construction. During production, the bundled acquisition of materials lowers their price and transfers purchasing advantages to the builders. Unlike conventional on-site construction that typically costs anywhere from $150 to $250 per square foot, modular construction could cost up to 20 percent less due to greater assembly line cost-efficiency.

Lower Maintenance Costs

Modular home builds feature parts that are pre-manufactured then transported to the construction site. During the construction process, components such as electrical cables, windows, doors, piping, and roofing are constructed alongside other modules. Most of these parts are standardized and are easy to install. Since all homes require maintenance at some point, having homogenized components makes it a lot easier to fix or replace a specific part of the home that needs some sprucing up.

Growing Market Share

Several factors, including adaptable houses and favorable building conditions, are increasingly making modular homes an attractive prospect. Thanks to these factors, modular houses are expected to experience an increased interest from the construction industry. Increased ongoing investment is also being injected into the industry, and that’s expected to drive up the market share.

In certain regions, harsh cold climate and shorter daytime periods hamper conventional building methods. Consequently, modular home construction has sprung up as an obvious alternative to on-site construction. Regardless of the type of material used, modular homes can easily take advantage of economies of scale, making them an increasingly alluring option.

Better House Health and Safety

Modular homes consist of factory-built parts that are put together in a controlled environment. Once the parts are finished, they are stored indoors until the time comes to transport them to the construction site. Having a climate-controlled manufacturing process makes it easier to eliminate contaminants such as mildew, mold, rust, or even sun damage that could lead to potential respiratory issues for future inhabitants.