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Pre-fab/modular housing - zoning issues, build issues?

Hey all, been a plain old landlord for a few traditional stick build multi-families in the northeast for a while & am now exploring NEW builds with pre-fab/modular units.

Looking specifically at how to make the numbers work in tighter markets like the northeast where housing inventory is scarce and construction costs keep climbing.

After interviewing 15 modular builders across the Northeast (container homes, 3D printing, you name it), we’re modeling average build costs around $155 per square foot, which seems to sit in the middle of most mid quotes.

If you’ve ever played in this pre-fab/modular/non-traditional home builds space, I’d love to know…

What was the hardest part of the process that you didn’t anticipate?

How did local inspectors or planning boards treat your project?

Were there cost surprises (site prep, cranes, foundation work, utilities)?

How’s the build quality, insulation, and energy performance held up?

If you were to do it again, what would you do differently?

I’m not a builder by trade… I just see a gap in what the market is currently creating with affordable housing inventory and the numbers that I’m modeling don’t seem to be too crazy…

But then again, what do I know, I’m just a sales guy ;)

Thanks

Disclaimer: it does seem like the biggest factor in whether or not this will work, at least in the northeast, is finding the right zoning board who aren’t going to be annoying 🤣 but you tell me!

submitted by /u/TheGoalIsToBeHereNow
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source https://www.reddit.com/r/RealEstate/comments/1nxqs0r/prefabmodular_housing_zoning_issues_build_issues/
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