Modular home
A home built in sections at a factory, then assembled on a permanent foundation on site. Once assembled, it's treated like a site-built home for financing and appraisal.
Every term like this one lights up in the step you're on.
Free to set up. No credit card.Part 1 of 4
Why a seller cares
A modular home is built in sections and set on a permanent foundation, and once it is there it is a house for every purpose: appraisal, financing, insurance. The word in the listing can still make buyers ask.
Part 2 of 4
A simple example
Your home was delivered in four modules in 2012 and set on a full basement. The appraiser treats it as site-built and uses ordinary comps.
| What buyers ask | The answer |
|---|---|
| Is it a manufactured home? | No; modular is built to the local building code, not HUD's |
| Can it be financed? | Like any house |
| Does it appraise lower? | Not by rule; comps are the same as any other house |
Modular describes how it was built. Once it is on the foundation, it is a house.
Part 3 of 4
What people get wrong
That modular and manufactured are the same. Different code, different foundation, different financing.
Part 4 of 4 · where to read next
Where it appears in the sale
What a definition is, and what it isn't
Keighbor is a software company, not a law firm, brokerage, or tax adviser. This is general information, not legal, tax, financial, or real estate advice about your sale. Your situation may differ. Before acting on a contract, disclosure, title, tax, or pricing question, ask an appropriately licensed professional in your state.
Written and researched by Keighbor Research · drawn from the reference glossary · how we research and check what we publish
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