If you’re looking to buy a home, or considering building one, you may have heard that modular homes are an increasingly popular option. But what is a modular home? In a nutshell, it’s a house whose parts are built in a factory, then transported to the property and assembled there.
First introduced near the end of World War II, modular homes—also called factory-built, prefabricated, or prefab—still represent only about 1.5% of the homes built in the U.S. today. But prefab homes are getting hotter than ever with design-savvy buyers who want the flexibility to choose their floor plans and styles.
In other words: Just because it’s made in a factory doesn’t mean it’s a boring box just like everyone else’s.
From an article in Realtor.com