Why Consider Modular

Speed

Off-site construction can allow for more control over the project schedule. In addition to eliminating weather delays, factory construction can take place simultaneously with on-site work, which can shorten construction schedules by 30% to 50%.

Safer Construction

The indoor construction environment reduces the risks of accidents and related liabilities for workers. There are a number of factors that can lead to on-the-job injuries with traditional construction. Modular homes are built in factories with stringent safety requirements during predictable business hours. This reduces the chances of on-the-job injuries.

Cost Efficiency

Because modular construction can cut project timelines, it may also reduce labor costs. Adopters may also save money on materials, transportation, quality control, subcontractors and other expenses. As an added advantage, a shortened timeline means tenants can move in sooner, which may result in quicker returns and reduced market cycle risks.

Reduced Waste

Traditionally constructed buildings suffer from construction waste as a result of human error. Contractors might cut planks to the wrong length, for example, and have to cut them again, or it might rain when they weren't expecting it to, ruining building materials. When a home is built in a factory, a lot of this waste is eliminated. Environmental factors are a non-issue with offsite construction, and the technology incorporated into a factory-built process leads to fewer errors. Additionally, factories are able to order materials in bulk for large rather than just purchasing materials for a single home. This means that the per-unit cost of the material may be lower and there’s less waste on individual projects.

Environmental Friendliness

Most modular construction takes place in a factory, meaning the process can reduce waste by protecting building materials from damage and loss caused by the elements. Fewer people and materials traveling to the site also can reduce carbon emissions.

The above information was compiled from the Modular Building Institute and JP Morgan Chase article, “The Future of Modular Affordable Housing,” May 10, 2021