KHS445
Senior Member
- Joined
- Aug 20, 2011
- Professional Status
- Certified General Appraiser
- State
- Michigan
National Homes offered a panelized version in the late 70's - early 80's. In theory the builder could have the hole ready and the trucks would show up and erect a house in a day. Only know of a couple built in northern Michigan and the one I financed the construction of is still standing. The original owner sold it to the current owner around 1984. I remember there being some original market concerns but in the end it didn't seem to affect market value.
Obviously footing and foundation requirements are a lot different in the north with frost and freeze issues vs the south. I would suggest talking to a couple trusted real estate agents and asking them what they think the market perception might be. My initial thinking is there wouldn't be a great difference, but then again if there were two very similar competing houses I would suspect the one with the conventional footing/foundation would sell first, all other things being equal.
Obviously footing and foundation requirements are a lot different in the north with frost and freeze issues vs the south. I would suggest talking to a couple trusted real estate agents and asking them what they think the market perception might be. My initial thinking is there wouldn't be a great difference, but then again if there were two very similar competing houses I would suspect the one with the conventional footing/foundation would sell first, all other things being equal.