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Would you ever swipe your credit card to purchase a home? Trend in Urban Modern Prefab homes

By
Real Estate Sales Representative with Berkshire Hathaway HomeServices Toronto Realty

The concept of prefabricated homes have been around for decades. However, most consumers are unfamiliar with the concept, process of obtaining financing, zoning approval, process of the construction and assembly process, as well as the prefab design industry being plagued by the social stigma that this type of housing is fast, cheap, mass produced and low quality.

Prefab can be a panelized, or modular building system manufactured off-site. However, it has become more common to use the term "prefab architecture" for high design modern dwellings which uses this construction method.

There is currently a prefab movement by modern architects experimenting with these built forms in an urban setting in North America and Europe. The aim is to deliver high design, good quality sustainable principles, and technologically advanced prefab dwellings featuring clean lines and open floor plans at a more affordable cost compared to traditionally custom built architect-designed homes.

After obtaining land and financing, consumers can literally go online, pick a modular floor plan, and place a deposit with their credit card after reviewing the purchase order agreement. Once the components are built and leaves the factory, it is transported to the site and assembled and bolted together for as little time as one day. [I will go into more detail on the step-by-step process in a separate blog.]

I do wonder if the resale value of prefab homes will be appraised with the same valuation method as a custom built home if this new intervention is constructed in existing older neighbourhoods.

 

 

   B-Line by Hive Modular

 

 B-Line by Hive Modular

  Marmol Radziner Desert House

   The Aluminaire, designed in 1931 has been assembled and disassembled 3 times, and moved to the buyer's lot. Each component was chalked with a number for easy identification.

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Contact me to find out more about Toronto Design-focused Real Estate Solutions for your needs.

 

Anne Lok, Real Estate Broker

Berkshire Hathaway HomeServices Toronto Realty Inc. Brokerage

287 Davenport Road Unit 1
Toronto ON M5R 1J9

direct: 416-799-9632

office: 416-504-6133 

 

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That is quite interesting. Thank you for sharing your post.

Apr 25, 2011 03:22 AM