Being an expert on building tiny homes, I feel obligated to share the truth about prefab homes and the reasons why I will never purchase one.
A housing expert has discussed what he sees as the disadvantages of buying a prefab house.
Robert Abasolo claims in a video posted to YouTube that problems with these low-cost, mass-produced dwellings are often obvious.
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He explains that they typically come prefabricated or in pieces.
While they are an incredible concept, Abasolo (@Robuilt) hints that there is more to the industry than meets the eye at the beginning of the video.
Abasolo has amassed a 246,000-strong following thanks to his YouTube channel, which features his work on miniature houses.
However, he stated that he does not consider pre-built homes to be a good investment for a variety of reasons.
1. PROOF OF CONCEPT
Abasolo cautioned consumers to do their homework and verify a company’s legitimacy before making any financial commitments.
He said he once had a bad experience with a scam.
“Roughly four years ago, I was scammed by a shipping container company,” he said.
They were using the pictures of other people to fool me.
Before making a purchase, he suggests customers check out the goods in person.
2. FINANCING
Abasolo claims it is challenging to secure bank financing for modular homes.
He claims that banks are lagging behind the times and find it more difficult to invest in something seen as a risk, and that this is not the manufacturer’s fault.
He suggested looking for prefab companies that have banking connections to help them circumvent banking regulations.
3. PRICE
“They’re never cheap,” Abasolo adds.
He adds that hidden investments are not typically factored into prefab’s starting price.
The buyer will be responsible for acquiring title to the land, installing utilities, and securing homeowner’s insurance.
Plenty of happy couples, however, have gushed about their one-of-a-kind prefab homes if you’re satisfied with the company’s offerings.
One couple paid $70,000 on Facebook Marketplace for a miniature house they call “beautiful and inspiring.”
Another woman was completely satisfied with Amazon’s lightning-fast construction of her tiny house.
