Many people are confused, mixing the term "modular" and "manufactured" or mobile homes. This leads to the belief that the resulting structure is not like normal homes and is somehow less sturdy. This couldn't be further from the truth. This has led to town rules and regulations that add more fear for new home builders, which steers them into the traditional home-building route.
A modular home is built in a factory, usually with an assembly line. After the modules are built, they are transported to the building site as separate units. The materials are the same as your standard-built home, they just come together differently.
For example, to some, modular means that the entire home is dropped off a truck onto the foundation. For others, it means that the pieces of the house are brought to the site and then put together. Still others would stretch that definition to include homes that are build as panels, and then put together on site. In our region, for example, some might say that all of the Toll Brothers homes at Shrewsbury Hunt and other such developments are modular, as they arrive as prefabricated panels which are then assembled on site.
I would concur with my colleagues, when in doubt disclose, but it really makes no difference.
I would only add that the Modular homes of today are not the Same as they were 20 yrs ago, as you mentioned this home to be.
Also in the listing info., you should find, (or ASK if not) the TYPE of Construction, i.e. Stick Built, ect.
I have visted a Penn. Modular Home Manu. & was very impressed with the Quality of the build. Imagine they must Travel via Trucks , very Far distances, in alot of cases, so they have to be Durable. Plus all the electrical, ect. is inspected on site and must pass the same codes as a stick built home..
Im interested in knowing how it all turned out for you? I hope you are happy with whatever home youve chosen :)
I have not found insurance to be more expensive
A modular home is the type of construction and yes it should be disclosed. I personally have seen some that are better built than traditional frame houses.
I would check with your insurance specialist but I am not aware of a different rate. If you don't have one, please let me know and I can connect you.