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Will Modular Homes hold their value?

Make sure you’re making a wise choice and getting the most out of your investment!

Posted On

  • November 08, 2022

A Tasbuilt home is like any other type of real estate and will depreciate or appreciate depending on market fluctuations. The value of the home will decrease if there isn’t enough demand for the product, like any other commodity. We recommend if you want to avoid this problem, make sure you sell when the market is strong, and opportunities are good! Of course, if you are purchasing for investment, modular is certainly a viable option due to faster build times, quality modern designs and up-to-date fixtures and fittings!

Consider adding some upgrades if you want to add value to your home before you try and sell. Things like a new coat of paint to the walls, new floor coverings, and window furnishings if these things are tarnished or dated. These changes can improve the look and feel of your home.

We recommend not to hold back on maintenance. Keep your home clean and well-maintained. Clean windows, doors, gutters, roof, garage, and anything else that needs attention, and don’t forget Tasbuilt have both a twelve-month maintenance warranty and a ten-year structural guarantee.

Another factor to consider is the quality of the home. Tasbuilt constantly strives to bring you and all its customers the excellence we have come so well known for in the modular homes market. As your home is constructed off-site, it is closely monitored to ensure a high quality of craftsmanship and finishes. Every Tasbuilt home is built to comply with all Tasmanian building codes.

Another factor to consider is land value, this will help you figure out how much you should charge for your modular home. Land values at the moment can vary widely, considering location, the economy etc.

Black kitchen sink in Blackman home near Hobart
Living room with view of Tasmanian sunset

If you’d like to discuss this concept, come and sit down with one of our friendly and knowledgeable sales consultants and they’ll answer all your questions – we’re here to help!

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