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3 Cost-Effective Benefits of Building a Modular Home

Time and budget blowouts have long been accepted as a frustrating but unavoidable part of building a new home. However, with innovative methods such as modular construction disrupting the industry, it’s now possible to build a quality, affordable home in half the time of traditional on-site methods.

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How to Avoid a Budget Blowout When Building Your New Modular Home

If you’re like most people who are building a new home, sticking to your budget is a must.

We’ve all heard stories of budget blowouts, from small and manageable to major and disastrous – but thankfully, this can be avoided. The thought of costs spiraling out of control can be a deterrent to potential home builders, but with the right strategy you can ensure your finances stay on track.

In this article, we’ll share some tips to help you choose the best builder, quote, design, and contract for your new home project, so it goes smoothly from start to finish without the stress of a budget blowout.

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5 Simple Steps to Pricing Your New Modular Home

May 04, 2018
Laurie Raikes

Options, Finance

If you’re wondering how much a modular home costs, you’re not alone – it’s something we get asked about daily.

At Anchor Homes, our prices are calculated in five simple steps: base price, additional variable costs, regulation required upgrades, common upgrades and fitting and finish upgrades.

In this article, we’ll look at each of the five steps in detail, so you can get a clear idea of our pricing process.

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The Step-By-Step Guide to Building a Modular Home

If you’re like most people who build a new home, you want to know how it all comes together. Understanding how the process works assists with planning, keeps you in the loop, and ensures your project goes smoothly from start to finish.

In this article, we’ll provide an overview of how your new modular home is built. From first contact to the handover of your keys, we’ll step you through the process, so you can understand how we transform your ideas from concept to your dream home.

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3 Ways Your New Modular Home Can Save You Money on Your Power Bills

January 26, 2018
Laurie Raikes

Options, Finance, Process

With the price of power continuing to rise, everyone is looking for ways to reduce their energy bills – and when you build a new modular home, there are some key features that help you do exactly that. With the right design, energy-smart inclusions, and thoughtful appliance choices, you can cut the power usage in your new home and enjoy long-term savings.

The good news is, you don’t have to break the bank or add extra time and stress to your project to achieve this. With some early planning and the help of your builder, you can incorporate simple and effective features that will make a big difference to your household’s overall energy usage. Here are three important considerations when building a modular home that will help you save money on your power bill.

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4 Top Tips for Securing Finance on Your New Modular Home

If you’re building a new home, whether it’s a conventional or modular home, securing finance in today’s market can be a challenge. But by arming yourself with the right knowledge and seeking out some expert advice, it’s a challenge that can be overcome.

Understanding which factors lenders are currently focusing when assessing loan applications, and what their attitudes and processes are when it comes to modular homes will give you a big advantage. Plus, if you’ve identified your own borrowing power, and discovered where to get independent expert advice, you’ll put yourself in the best position to secure the right loan for your needs.

So here are four simple but essential tips to help you get finance to build your dream modular home.

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How to Purchase a Property That Isn’t on the Market

April 14, 2017
Laurie Raikes

Options, Finance

The first step in building your dream home is finding the perfect patch of land – and this can be a challenge in today’s competitive marketplace.

If you’ve got your heart set on a suburb, but there’s no land on the market, or you’ve had your eye on a vacant block for months, and no “for sale” sign has appeared, it might be time to try a different approach – to negotiate an off-market sale.

There are many reasons why a property owner may be willing to sell their unlisted land – so if you’ve got your eye on a property, it’s worth making some enquiries. Here’s a summary of what you need to know.

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Considering Becoming an Owner-Builder? Here’s What You Need to Know

When it comes to building a new home, there’s a few different options - and one is to buy a kit home, take on the role of owner-builder, and organise construction yourself.

On the surface, it can seem more affordable, but there’s always the potential for building costs to blow out. Plus, you’ll be solely responsible for bringing the whole project together, which is a lot more work than most people realise.

So, what exactly does it mean to be an owner-builder? And is it something you should consider? Let’s take a closer look at what's involved.

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Our Most Popular Blog Posts of 2016

2016 saw us publish almost 50 blog articles with all manner of helpful information about building a modular home, as well as our popular Design Focus series.

We thought you might like to check out our list of the 15 most popular posts from the last 12 months, in order of popularity:

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How to Build on a Limited Budget

One of the biggest upsides to building a new home, is that you can design and build a house that perfectly suits your needs – and this is possible even when you have a budget to stick to.

If you’ve decided to build, rather than buy an existing home, there are lots of decisions that need to be made to make your dream become a reality. And if you’re like many people, and working with a strict budget, the choices you make will have a direct impact on how far that budget goes. So how do you work out where the money needs to be spent and know when it’s okay to splurge a little? Below we share some top tips to help you get the most from your hard-earned money.

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How Much Does a Modular Home Cost?

January 08, 2016
Laurie Raikes

Process, Options, Finance

 The cost of a modular home is one of the questions we get asked about on a daily basis. There are several factors involved in pricing a modular home. In this article we’ll look at all of these factors and provide you with a handy calculator to work out how much a modular home should cost from the planning to handover stage.

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How to get Finance for a Modular Home

June 12, 2015
Lester Raikes

Finance, Planning

 

We get asked all the time: "Is it hard to get finance on a modular home?"

The truth is that financing a modular home can be a challenge for both customers and lenders.

Because banks are accustomed to financing homes built using an on-site building process, they’re not always equipped to deal with the subtleties presented by prefabricated modular homes that are built in a factory and then transported to the building site almost completed. 

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