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The costs when moving to modular
Category Property News
HIGH property prices, soaring building costs, rising consumer inflation and an increasingly subdued economy are factors fuelling the devel opment of innovative housing alternatives such as module homes. As the challenge of affordability continues to grow, Lew Geffen Sotheby's International Realty chief executive Yael Geffen, expects modular homes, including those made from shipping containers and those constructed using cutting edge technology, to become increasingly appealing over the coming decade. However, while construction costs of mod ular homes can be more cost effective than traditional homes, this is not always the case, say designers and architects. Philip Nel of lnizio Homes says the construc tion costs are "very similar to or even slightly more" than traditional building methods. "This obviously depends on the final design and also the location and site conditions. In some cases it can be more cost effective if a very modern design is required in a remote area, as an example, but overall each project varies and it is difficult to give more detailed costs." While these homes will attract a design fee, which Nel bases on a percentage of the build cost, other costs could be municipal submission of plans, engineering costs and municipal con nection costs, among other things. "There is a common misconception in South Africa about modular homes and the quality and cost of this option. There are many different offerings in the marketplace but often they are not accredited and also not of the best quality. "If you go for a good quality, well designed and high performance option, the cost will be equal or more than a traditional building in some cases, but you will also get a lot of benefits if designed, specified and executed correctly," he says. The biggest advantage to such homes, says Dirk Coetser of A4AC Architects, is that one can move home if needed. "Therefore you don't have to own the land because you own the structure. Due to the smaller size of the structure your energy use is reduced and there is less maintenance." The downside is that modular homes are usually small, and while Europeans are used to small spaces, South Africans are not, Coetser says. However, Kalil believes this disadvantage is no longer the case. "The only 'con' most clients have is the size, but when joining numerous containers to create a bigger space, that no longer applies." The "pros", she says, are the construction timelines, the cost a square metre, "and the fact you can create your own space". "They are modular so you can stack them utilising smaller pieces of land more efficiently."
Author: Lew Geffen Sotheby's International Realty