5 Kit Homes that MAKE MORE MONEY than a 'Regular' House
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- Опубліковано 7 чер 2024
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Kit homes, which includes modular and prefab homes, have evolved from "low quality" to some of the highest standards of construction. Other than the added benefit of being built in a controlled environment and drastically reducing onsite construction time, kit homes have also become extremely customizable with very attractive designs.
Kit homes now can be a better bang-for-the-buck when compared to a traditional stick-built home. These are my top 5 favorites that I'm personally looking at using in my next project.
Thanks @MikeWillTravel for some of the broll!
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Credit:
Editor - Ayush Rai
Music - Epidemic Sounds
Join my free live 'Creating Unique Rentals' workshop 6/24/23 at 10am PST. Register here. shorturl.at/aEGHT
@Kai Andrew Where is the link to download “the free list of banks that finance prefab projects as shown in the video?”
DUDE!!! I have lived in multiple rural areas and these kit homes are a scam. Me and my kids could build that $140k house for about 40k. The more rural you get the more we know how to do our own work or we know a few alcoholics and meth heads that will do it for cheap.
Do you like small town houses? We are selling ours in eastern Oregon 4bedroom 2bathroom 1,300 plus square feet and built on shed. We are asking $315k. Oh and rent over here in our town for a house our size would be $900 per month.
$600/sf is crazy! But thanks for doing the leg work and showing the full cost.
That's bonkers. full stop crazy
so instead of buy a kit home take $500,000 and burn half of it. Then go get a contractor and build you a better home and you will have a better house.
Yea, those prices are insane. $250k for a 400 sqft house is just a straight up scam and taking advantage of people who apparently have brain damage to even consider it.
These comments 😂
Smart video layout. Love the hard facts sandwiched in between fun home tours. Genius way to keep us enjoying the full video!
Any affordable options? Jesus
I can buy a house for 300k
Cali-fordable
I’m gonna pay 105 k for. Tiny house lol
Ik that’s kinda like one of the main benefits of tiny homes. I really don’t want to pay 100k for a tiny ass house that I couldve built myself
Exactly, $600/sf is nuts.
Yes, I agree with others; this is not affordable, 600/ square foot? Ridiculous! I much preferred your content that was realistic pricing what happened?
The Ayfraym Tiny
It’s 859 square feet of the perfect little cabin getaway.
$302,809* - $403,747*
The Ayfraym Plus
$928,836* - $1,238,448*
*Estimated base price for a complete build. (lot, earthwork & landscaping not included)
Straight from the website! Public knowledge!!!
That's all?
Ouch
600 bucks a square ft building cost is not a cheap option. It might be faster but where I live in NY one could stick build a palace for half that cost easily. Your cash on cash calculation needs to include RE taxes.
Download my free Kit Home Financing Guide here: programs.kaiandrew.com/FinancingYourKitHomeProjectGuide
You should put this link in the “About Me” section of your channel :)
Great channel, Kai. Thank you.
I’m about to buy property. Several acres. No one in my family has owned property since the 1800’s. I’m 1.5 years shy of 60. Property ownership has been my dream since leaving the projects (a depressing looking place where poor tenants are herded. My brother lives in Vancouver BC, another dream is to one day visit him). I was told by my realtor that I can have chickens, bee hives, and…drum roll…a prefab home. Sadly no yurt permitted.
This is all new, it’s like a big reserve or very wooded area. I still need to add a driveway, and a slab for the “house.”
I been watching videos for hours and after watching your whole video, I AM HYPED!! I can’t wait to start. I’m taking pictures of everything. I don’t need a big place. I can’t wait now and I’m taking pictures during the whole process. I only wish I could find a place that used recycled materials.
From what I understood from his other video, on bare land it would take about $100,000 to set things up, permits, hookups, digging, etc, that’s all before you actually put a house on top.
Good luck with your project! I am just looking into this myself and it looks like you would at least need $300,000 for any sort of a combination. I did see one builder make a container home for under $80,000 but for inexperienced it will be quiet an undertaking. Not sure which way to go myself.
Couldn't agree more! The evolution of kit homes, especially modular and prefab options, has been truly remarkable. From "low quality" to now setting the bar for construction standards, it's impressive how far we've come.
our company VMS Houses, we're all about pushing the boundaries of innovation in construction. It's exciting to see kit homes offering better value compared to traditional stick-built homes.
Let's keep shaping the future of homebuilding together!
What are the prices and square footage of some of your models, please?
This is fantastic! thank you!
Glad you like it!
Wow nice build container way to go
Keep it coming
Very informative!!! Thanks!!
Love the synopsis, Kai! I’ve seen success with my prefabricated tiny house that sits on a mobile trailer. These things are fairly affordable, quick turnaround and doesn’t require building permits since they aren’t permanently affixed to the land. Considering exploring your options too!
Wait What?!? No building permits??!
But they require zoning for that type of residence, correct? That’s the problem most areas is finding a place to put a tiny house, etc
Another great video kai, so close to 100k. Very much deserved!
Not really as real estate is simply another tool of class discrimination and needless warfare. . unless youve lived under a rock your whole life
What are you factoring in for getting electrical and gas to these areas as well as adding septic and a well?
Thanks for giving us a good list, but for my family's property in a rural area this is not affordable. A cost of $258,000.00 per unit for a tiny home on land we already own🤨
Thanks for the run down…👍
Great video, Kai. Very informative, well researched and love the aesthetics. I was researching competitors for my business that’s similar to these and loved seeing a few I wasn’t aware of. And for those complaining about the cost, It is expensive but you get what you pay for. These are well designed, high quality builds done at a fraction of the build time. You know how the saying goes, you can have two of the three: price, quality, time. Here you get quality and time.
Well said.
Maintaining the lies of capitalism is never a great thing. . but i forget that humans dont actually give a shit about each other. . which is why they extort each other for permission to live through industry. . and pretend its some great fucking achievement!
Good to know 🎉
You are frigging amazing thank you for the info - game changer THX
Love it!!.. I got the land & a tiny cabin to stay in while I rough -it & work on my dream smaller yet modest home for long-term..one day retire in it & got 10/yrs to do it..(finish it)-&.. so, no problem.. then, take my tiny cabin the Amish built & turn it into a b-&-b.. for folks to visit the forest & enjoy the north woods.. thanks 4 sharing.. I got a few ideas from you that will be great for my project/home👍😉
-Michael from Minnesota
Thank you Kai - terrific resourceful, informative, and definately helpful to give us options if pursuing the Unique Stay.
Ask and you shall receive. Exactly the information I need to start my research. Thank you. I subscribed 😊
Should consider putting links in the show notes, to the companies you feature!
Wow great contact thanks😮
I love your videos. So informative, entertaining, and professional!😀
I have 33 acres overlooking a 25 acre lake 45 minutes from Asheville NC. Looking to start small and develop.
if you need a young helper/investor im in RDU .
Which lake? I’m in SC
I too can invest & help build. Construction manager BOS degree.
Would love to help! Have lots of ideas and value to add.
I always wonder when I see these, how well the roofs hold up and also how they deal with rain on the flat topped homes.
Deep sloping roofs are better for snow.
Excellent channel!
We appreciate all that you do!
This is great content!
Kai, do you like barnominiums?
OMG bro you’re finally getting the views you deserve. I remember watching your videos 4 years ago on my other channel, and how nice you were replying to my comments. The power of perseverance, you’re an inspiration.
Thanks man! I appreciate you watching and following the channel all these years!
Your giving me so much motivation to do what your doing so appreciate the hard work u do because u don’t have to share this information salute king 👑
Hugged is in my "backyard ". Thinking about using them to put an ADU for my son on our property. If it goes well, I may use them again for income stream properties.
Can you do a video comparing Champion homes? Compare build quality and cost-per-sq-ft.
Im a builder and I like the concept .
Great video. But electrical and plumbing was like 10seconds. Big cost I feel was left out. I know a Septic tank is about ten to twelve thousand dollars per house. Plus Tying into the electrical grid slash internet connection
Yes! Could do corporate short term & long term rentals. Think outside the box! We could ALL get paid!❤
So it the BHC the only one that sells in Canada? Thank you
This video was extremely well done!
Thanks, David!
@@KaiAndrew thank you for replying back. I am really enjoying how you present your message to your audience. I also sent a message on your website. I hope to hear from your team.
thanks 👍
You're welcome :)
What are some sites to find good general contractors to get quotes from?
Thanks for all the effort you put into researching these Kai! Nice choices/options.
Glad you liked it, Sally!
Not really as real estate is just another tool of claas discrimination and warfare. . as evidenced by the CENTURIES of gentrification, redlining and homelessness. . but i guess yall will just ignore the tons of statistical data that proves this. . so you can try to profit off of keeping your species constantly bidding against each other in their attempts to build real estate empires. . way to go!!!
00:07 Anyone got the name for that one? Thanks in advance !
@kai … You’re way off on the Everywhere Tiny!!! It starts at $300k … Hell, I could hire the general contractor and build it myself with some friends for less than that. (Love your content! But this example is not quite sincere.)
I guess his angle is for cool Airbnb places so that they would be attractive options?
Hi are these safe during storms or tornadoes? How can we add more safety to these type of homes? Any advise from anyone is appreciated!
This is the video I didn't realize I've been waiting for!
Haha, my favorite kind of comment.
What would you say is efficient and financially for a new build? My house burned down 11/2023. I need to demolish the burned house and rebuild
Can you share your personal experience with building each and your experience with the companies?
Which would you use again, which would you avoid in the future?
None of them this is at best highway robbery and at worst a con in my opinion and if you are really wanting to build you a home please look into a reputable contractor in your area that you want to live. If you don't know of any there are plenty of ways to find them from looking online to visiting your local Home Depot or Lowes or what ever lumber company near you. You could also look up architecture firms online or in your area and you'll get a better service and get a better price and more bang for your buck. typical price per square foot is $125 to $150 per square foot not $600 to a $1000 this guy is trying to sale. my opinion just in case
After watching a few of your videos my one questions is, how do you find local sub contractors that you can rely on?
Where are the links in your “more” section to all of these 5 kit homes?
600 psf I can get waterfront in Florida including the home and land!
What about the Gablock home. They are not in the U.S.A yet
Here is a plot of land that could be turned into a guest house business, but there are various options to turn into. But there is a catch, the land is 11 meters wide and 170 meters long and there is only one main road alongside the width of the land (11 meters). Any ideas about how the design would be?
It would look like a spite home. Set backs could make it unusable completely. Going underground might allow closer buildings. Consider alternative uses like a sculpture park or parking lot. Community garden etc
Hahaha, it's amazing how well a "builder/remodeler" can sell. I wonder what a professional sales guy could do for me.
Will save new viewers the time. Rich buyers only. NONE of these are cheaper than normal building processes. They all run at a premium.
I hate how this stuff has taken over the affordable home movement.
I wouldn't consider $180k-$300k kit home as for "rich buyers" only. Median home price in the US is $350k right now. If you can find a decent build crew to build a custom home for the same price or less for the same quality as these kit homes you should definitely do it. But I doubt you'll be able to find that, especially in this market.
@@KaiAndrew Average home cost including land is less than that in 35 states. Average home cost per square foot is around $150 per square foot. These are closer to $500-600 per square foot. By virtually any metric you look at this these are luxury homes & are priced for upper end markets. Rural homes are significantly less money to buy & build than in the city. Less workers? Yeah sure, but also a MASSIVELY less competitive market for the workers that do exist. 9 times out of 10 it will be cheaper to build rural than urban.
Honestly don't know where you're getting that info. Fyi Prefab homes in the 300-1000 square foot range will often be between $40k-$100k range.
My parents bought their 2000 square foot, custom built home in a nice neighborhood in Houston TX for close to what you're saying the prefab alone will cost. On some of these. That includes the land.
First, you shouldn’t use averages. Median is better. Secondly, these are income kit homes/properties. What you’re talking about won’t make money. We are looking at it from different perspectives.
@Skapo you are correct rich folks only. We build from the ground up in SC an GA for way less.. Nice Video
For the cost of these homes you can find a decent builder that could build TWO of them for that price.
If I wanted to buy something for almost $400k, I'd go get a traditional house. But this info helps at least narrow down my options.
I did not get the download and the link it corrupted
im in BC canada, 3 yrs in on a 4 acre resort type property, lake view , mountain side lot, 5 benches ready for 5 options, i need your help.
I'm seriously considering having a container home built using 4-6 45 foot containers. Any advice?
Don't bother, it costs more than building in the normal way. Unless you really like the look
Make sure u are allowed permit wise in u r community.
I love these… modern, cool designs! I watch videos on modular home options often, and this one was very well researched. As per the “affordable” conversation… I think when people go down that road what they really mean is “cheap”. There is a massive housing shortage in the US which has driven housing prices through the roof. Many communities have the option of an over priced apartment or a home starting at $750,000. When you stop to consider the reality of the housing market… All of these options truly ARE affordable!
Sure there are overpriced apartments out there, but those are typically in areas you couldn't put these anyway. The reality of the housing market is that the on-site construction these would replace is 1/2 - 1/3rd the cost they want for these.
That is totally crazy. I bought my house with 7.5 acres for 220k, use the additional 38k for remodeling, and you have a complete home with land for the same price.
Yeah, where do you live? My guess is NOT in a desirable part of the country.
You didn't show the square footage of the "Light House" which makes the price redundant.
Just so you know, we typically recommend a liquid budget of at least 40k from our new members, as we have found that to be a good starting point to get involved in land hacking, depending on the area, whether or not you already own land, & whether you plan to do a lot of the work yourself or hire it out. Our top priority is to ensure the success of our students in their land hacking ventures & we believe that starts with a sufficient budget.
So, the biggest argument against these and a traditional structure is the appreciation of the underlying asset (the building). I could also argue that in a high interest rate market, if you could get into something like this now, create cash flow and not pay interest to a lender then it may be the right move. What do you think about this conundrum?
You should NOT be thinking of asset appreciation. THAT is asset inflation! That prices houses out of the reach of people. A house should be a domicile, not an asset or an investment. With appreciation, you can get the house taxed right out from under you in a local boom. BAD economic model.
@@stephanieellison7834 think you’re on the wrong channel 😅
@@Outofboundsretreats I don't watch this channel. It happened to come up in the YT feed, and I thought to comment to correct a horrible misperception about what housing IS supposed to be. I didn't get into it much, but I did make a point of what happens to poor people when land valuations are affected like this. Taxes go up, and you have to fight the county in the aftermath of a bust to reduce the tax to reflect post-boom valuations. Capitalism is an unsustainable model of civilization/economics, the other one being communism. In fact, they are white supremacist models of economics/polity because of the people who benefits from it.
@@stephanieellison7834 How the heck did you posture a racist angle into an investment channel. Stay focused and quit living into excuses why people can’t succeed in America.
A house fully built start to finish, everything but appliances and furniture can be built in Arkansas for 100 bucks a square foot
I can confidently say I would question the quality of that house.
On site stick and brick houses are falling down everyday.
You think the factory builder of these prefabs isn't marking up the price of that faucet 300-500%?
New sub here , we are actually getting ready to do something similar to this. Would be great to get some advices .
Are you an architect I got a house that I design is that way but never develop I got all floor plans
what? $600 per sq foot? that’s insane …
Go ask any builder price per sq ft for the first 800 sq ft of ANY home. It won’t seem as insane.
@@KaiAndrew It's absolutely insane.
What planet are these expectations and prices from?
How do I join this land hack group?
Hey Troy. Shoot me a message or book a time on my website. Kaiandrew.com
That would be a rad option for the Maui fire survivors & families…As an option for the families to choose.
Honestly I love the look of all of these, but for the price I can buy a huge house here.
I think finding something in Mexico would be cheaper. Or pre fab builder in Mexico.
This Audio clarity for your narration is straight fire. I checked your parts list, but only found the zoom. Not sure if Ayush checks comments, if you do: was this done in post? did you you do a filter pass? I'm guessing it's an off-camera boom mic? Either way, great video.
Lol. Glad you noticed that. I actually messed up in this video and didn't record through the boom mic which is a Sennheiser MKE600, which sounds WAY better. This video was record straight through my ZOOM sitting on my desk. I just have a good audio editor that helped me fix it. But yes, both the Zoom and MKE600 are solid for audio.
@Kai Andrew thanks for taking the time to reply! Video productions delayed gratification > photography's instant gratification. Makes it all that much sweeter when you've overcame a mistake early in the process. Glad to hear you have a good network to rely on, it's a must!
These cost as much as new construction and its pre fab so how would any of these make sense esp buying from one of these Canadian companies
If you can’t find a builder in your area or if you want something done in 3 months instead of 12+ months.
AirBB bust?
Why site built homes seems so much cheaper?
Damn, even here in Los Angeles you can find a better price, How are these affordable???? What am I missing here ?
Yeah but can they survive a hurricane. Looking to build in the Carribbean
Kai, if one passes through any town/city that has standard houses one sees a whole lot of older homes that were built when families were much larger. Now the houses that were built for 8 - 12 people only house 1 - 3 people total!! That is a total waste of space and finances in trying to keep up with heating/cooling/maintenance costs.
One or more builders need to come up with R.E. houses. R means Retractable and
E means Expandable. So that as a family grows or shrinks the house can be changed size wise. AI technology could be used to make the size change at the touch of a button. Easy peasy.
Somebody run with this idea. I'm on my last legs, having just had my 2nd stroke on 7/5. You're welcome!!
Do the kit homes tend to appreciate or depreciate in value? I think that’s important to consider
We won't really know until we're all in the future
I'm from the future, and unfortunately, no.
Yeah they can appreciate. Depends on market, quality and purpose.
Still completely unrealistic to ever get. If you did get something small at first, could you attach a bigger section on later?
A quarter of a million for 425 SF?
Its not the house that costs. Its the infrastructure. water, sewer, power, electricity
These must be California prices :)
need less than 300 psf
I want some land so bad ... Currently only at 10 BnB. Arbitrage units
I thought these pre fabricación homes were supposed to be more affordable than standard builds???
Why would they be? The only thing good about them is that you can move in fast.
Whaaa?
No, this math is not mathing as far is being affordable ... I don't care how you slice it.. If I'm going to spend this much I might as well go traditional route
600/sqft is high cost build
It's just because it's a smaller footprint and high quality materials. If you were to expand or build onto the space the price per sq.ft. would drop dramatically.
I challenge you to find companies like these in different continents. How about finding companies in Canada, Portugal, South Africa, Japan, Australia and Brazil?
There’s plenty in Canada. Japan had a few too. Sounds like you should be looking for them if you’re trying to build in those markets….
@@KaiAndrew thanks for responding. Just thought it could make good content- especially for your international viewers.
so more expensive than a normal house
Cool, but the cost is outrageous.
20x cist of materials and labor
Are you saying you can build something comparable for $10k…? I think you’re exaggerating a bit….
I can have a weather tight 1000 sq ft shell on a block foundation for $60k. I guarantee it won't cost $140k+ to finish the inside.
$200k for a glorified chicken coop? You guys are crazy!
Who is paying that much per sq ft for a house? I just closed on one at 109$ a sq ft. Even the high-end real estate in ga is only like 280 a sq ft in prime locations. The alchemy house was cool, but they'll have to cut that cost in half to even be a feasible option.
Think about other states outside of Georgia. That’s awesome you got a great deal, but there are probably 20-25 other states where prices are in the $300-400 sq ft
@KaiAndrew wow that's so expensive
I don't understand why these homes are so expensive...you have to *REALLY* want one of this vs a regular site build. The time savings isn't that much of a justification.
This isn't a new concept. Home kits were sold in the Sears catalogues for much of the twentieth century. One got the building materials, instructions, blueprints. Much less expensive for home owners, even if a crew put them together for the owner.