5 steps to calculate the cost of your new modular home

May 04, 2018

Written by

Laurie Raikes

New modular home costIf you’re wondering how much a modular home costs, you’ve come to the right place.

At Anchor Homes, we calculate house prices in five simple steps – base price, additional variable costs, regulation-required upgrades, common upgrades, and fitting and finish upgrades. In this article, we look at each of these steps in detail so you can get a clear idea of our pricing process.

1. Base price

The base price of our modular homes is calculated by adding all the elements included as standard in your chosen design. See our pricing guide for the individual base prices of each of our homes and check out our list of standard inclusions for the complete listing of inclusions and specifications. 

The following are standard in all our homes:

Preliminaries:
  • Home owners warranty
  • Maintenance period
  • Building permit
Exterior:
  • Concrete footings
  • Termite barriers
  • Engineered sub-floor frame
  • Timber wall frames and roof trusses
  • Colorbond roofing, facia and gutters
  • Painted downpipes and cladding
  • BAL 12.5 rated construction
  • N2 wind-rated structure
Insulation:
  • Batts to ceiling
  • External walls and underfloor
  • Heavy-duty roof sarking and wall wrap
Doors and Windows:
  • Double-glazed windows and sliding doors
  • Flyscreens
  • Timber external doors and timber landing to front and rear doors
Interior:
  • Plasterboard
  • Skirting and architraves
  • Cornice
  • Internal doors
  • Smartrobe sliding robe doors
  • Shelving and hanging rails for built-in robes
  • Cushion stops for doors
Floor Coverings:
  • Floor tiles to bathroom and laundry
  • Vinyl planks to kitchen, meals, dining and living area
  • Carpet to bedrooms, study, lounge and theatre rooms
Kitchen:
  • Laminate doors and benchtops
  • Cabinets, drawers
  • Sink and tap
  • Splashback
  • Electric oven, gas or electric cooktop and range hood
Bathroom/ Ensuite/ Laundry:
  • Vanity and mirror
  • Basin
  • Tapware
  • Toilet
  • Towel rail
  • Shower base and shower screen
  • Laundry cabinets and laundry trough
  • Waterproofing
  • Floor and wall tiles
Electrical:
  • External meter box and switchboard
  • Bayonet lighting
  • External lights
  • Heat/light/fan in bathrooms
  • External waterproof power point
  • TV point
  • Internal power points
  • Hard-wired smoke detectors
Plumbing:
  • Gas or electric hot water service
  • External garden tap
Painting:
  • Quality paint to all internal and external painted surfaces
Delivery:
  • Delivery to site is included in the base price specific to your project

2. Variable costs

Variable costs for a modular homeFor every project, there are additional costs to connect your home to services. The cost for service connections will vary depending on the availability of services and the distance of your home to the service connection points on your property. If you don’t have access to power, water, or sewerage systems, you may need solar, water tanks, or a septic system.

Depending on the location of your block, the delivery component of the base price may also need to be reviewed to account for over-dimensional truck routes and local road laws. If crane hire is required for installation, the cost will be included in your proposal. However, where site access is good, this is not usually needed. 

3. Regulation requirement upgrades

Some homes will require upgrades to things such as cladding, insulation, windows, and water tanks to comply with their BAL and 6-star Energy ratings. If your home does, our team will discuss your options and provide detailed costs for your review.

4. House design upgrades

Our upgrades are optional which means you have the choice to add these to your home project if your budget allows. Our most popular upgrades include decking and verandahs, balustrades, additional heating and cooling, window furnishings, and matching carports or garages. These additions are a great way to support your lifestyle and add extra value to your home.

Prices for these kinds of upgrades vary depending on your base house design, the upgrade, and the features of your block. We will include the total cost in your proposal for you to approve.

5. Fitting and Finishes

Costing a modular homeDuring your colour consultation, you can either choose your fittings and finishes from our standard range or opt for upgrades. Commonly upgraded items include kitchen appliances, benchtops, splashbacks, floor coverings, tapware, and increased tiling on bathroom walls.

During these discussions, our colour consultant will offer expert advice to help you stay on budget and ensure you get the best value.

Modular Home Prices

At Anchor Homes, we work with you throughout the entire process to make sure you get a home you love that’s also within your budget. 

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