A modular housing frame can be assembled in one day, and is ready for move-in eight weeks later -- for under $50,000.
While modular homebuilding is not exactly new it got its start in the late 1940s, according to Building Systems Magazine this form of prefab construction appears to be gradually catching on as buyers realize that modern modular doesn't mean second-rate or boring, and that factory construction has its efficiencies and advantages... But for some buyers, cost matters more than customization. In Iowa, moderate-income families can buy simple modular ranches from the nonprofit Rural Housing Institute for as little as $47,000."
Thanks to Chris Steins
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