Excellent article by Preston Koerner @ Jetson Green about “kit of parts” prefab homes versus all-in, turnkey homes like ours.
By Preston on Apr. 23, 2012
A future homeowner inherits a chunk of land in Ulster County, New York and decides to put a dreamy modern prefab on it. I can understand that. The owner picks an LVL model home from Rocio Romero, and the kit costs $47,000, including such things as the plans, a construction binder, open wall panels, certain structural materials, and the exterior siding. The owner budgets just over $120,000 to finish the 1,669 square-foot home and hires a contractor to do the work, but that’s where things go wrong.
Turns out, the contractor didn’t complete at the low-bid price, according to an article in the New York Times. The prefab kit home was ultimately finished for ~$260,000 (~$90,000 over budget), but the owner had to tap retirement savings, credit cards, and friends/family cash to get a certificate of occupancy. Ouch!