Is it More Affordable to Buy a Relocatable Villa or Bungalow

When choosing a new home, affordability is a key factor for many potential buyers. In recent years, relocatable villas and bungalows have emerged as popular housing option, offering a unique blend of flexibility, convenience, and cost-effectiveness. Relocatable bungalows and villas are modular homes that are designed to be easily transported and installed in different locations. Affordability is a driving force behind the increasing popularity of relocatable villas and bungalows. Compared to traditional houses, relocatable homes often come with a more budget-friendly price tag. The cost savings are attributed to various factors, including streamlined construction processes, reduced labour requirements, and materials sourcing advantages. 

Relocatable villas and bungalows often come with a more affordable price tag compared to their traditional counterparts. The streamlined construction process and efficient use of resources contribute to cost savings, making these homes a cost-effective option for buyers. 

One of the significant advantages of relocatable homes is the potential savings on land acquisition. Unlike traditional houses that require purchasing a specific plot of land, relocatable villas and bungalows can be placed on rented land or existing properties, eliminating the need for costly land purchases. Another advantage of relocatable homes is their mobility. These homes are designed to be easily transported, allowing homeowners to move them to different locations if needed. 

Relocatable villas and bungalows provide inherent flexibility in design. They can be tailored to meet specific preferences, accommodating changing needs or lifestyle requirements. Whether it’s adding extra rooms, expanding living spaces, or incorporating unique features, these homes offer the versatility to adapt to evolving circumstances.

Relocatable villas and bungalows allow for efficient assembly and installation. With most of the construction work completed before delivery, these homes can be quickly set up on-site, significantly reducing the construction timeline compared to traditional building methods.

Building a house from scratch typically involves time-consuming processes such as obtaining permits, hiring contractors, and coordinating various stages of construction. Relocatable homes bypass these lengthy procedures, resulting in reduced waiting time for homeowners to move into their new dwellings. 

According to Trade Me property sales director Gavin Lloyd, there has been a significant surge in listings for houses to be removed. In February, the number of such listings increased by an impressive 93% compared to the same month in 2021. Presently, Trade Me boasts over 200 properties available for removal on their site.

Similar to the overall housing market trend, prices for houses available for relocation have experienced a substantial increase over the past two years. According to figures from Trade Me, the average asking price for a property listed for removal on their site in February was recorded at $88,941. A 41 per cent increase when compared with February last year.

Before purchasing a relocatable villa or bungalow, it’s crucial to ensure suitable land is available for relocation. Consider factors such as land size, accessibility, and proximity to amenities that align with your lifestyle and preferences.

Research and familiarise yourself with the zoning regulations and local requirements in the areas where you intend to relocate your home. Ensure compliance with zoning restrictions, building codes, permits, and any other legal considerations to avoid any potential issues or conflicts.

Before finalising the purchase, it’s essential to conduct a thorough examination of the relocatable villa or bungalow. Hire a professional inspector to assess the structural integrity, electrical systems, plumbing, and overall condition of the house. Identifying any existing issues or potential maintenance requirements will help you make an informed decision.

Depending on the age and condition of the relocatable home, there may be a need for renovations or repairs. Factor in these potential costs when evaluating the overall affordability of the property. Consider whether the necessary renovations fit within your budget and align with your desired outcomes.

Moving a relocatable home to your desired location incurs transportation and relocation expenses. These costs can vary based on the distance, the complexity of the move, and any specific requirements for transportation. 

Prepare the site for the relocatable home by ensuring a suitable foundation is in place. This may involve site levelling, the installation of support structures, and other groundwork. 

Consider the costs associated with connecting the relocatable villa or bungalow to utilities such as electricity, water, sewage, and internet services. 

Fenton House Removals has over 30 years of experience moving homes and has the skills and experience to handle any size or type of relocation project. Our highly trained professionals are equipped with state-of-the-art equipment and techniques to ensure a seamless and efficient move.

When it comes to financing a relocatable villa or bungalow, several options are available to help you secure your dream home.

One option is to explore traditional mortgage loans offered by banks or financial institutions. These loans provide a structured repayment plan with competitive interest rates and terms. It’s important to consult with mortgage lenders to determine the eligibility criteria and loan options for purchasing a relocatable home. However, securing loans for relocatable homes is challenging, according to John Bolton, CEO of Squirrel. Banks typically require a 40% deposit for properties without services and consider them suitable security only when fixed to the ground. First-time homebuyers face significant obstacles, while investors with existing property equity are more inclined to pursue such options. Bolton also warns about underestimated renovation costs and hidden issues with older homes.

In addition to traditional mortgage loans, there are specialised lenders or banks that offer relocation loans specifically tailored to the unique requirements of purchasing relocatable villas and bungalows. These lenders have expertise in the niche market and can provide customised loan packages to suit your needs.

To ensure a smooth and hassle-free relocation process, consider hiring professional relocation services. These experts have the knowledge and experience to handle the logistics of moving and installing relocatable homes. They can assist with transportation, assembly, and other necessary tasks, making the process efficient and stress-free. Before moving to a relocatable villa or bungalow, it is crucial to obtain the necessary permits and approvals from local authorities. This includes permits for transportation, temporary placement, and connections to utilities. Create a comprehensive plan to address each step of the relocation process, ensuring a well-organised and efficient move.

In conclusion, buying a relocatable villa or bungalow offers several advantages, particularly in terms of affordability, flexibility, and convenience. These homes provide a cost-effective alternative to traditional houses, with lower purchase prices and potential savings on land acquisition costs. 

We encourage New Zealanders to explore the option of bungalows and relocatable villas for sale for their housing needs. Whether you’re a first-time homebuyer, downsizing, or looking for a second home, these versatile dwellings provide an attractive and affordable solution.

If you’re interested in purchasing a relocatable villa or bungalow or would like more information about available listings, we invite you to contact us. Our team of professionals will be delighted to assist you, answer your questions, and guide you through the process of finding your ideal relocatable home.

Make a smart choice and discover the benefits of relocatable homes. A unique and cost-effective housing solution that combines the charm of the past with the convenience of the present.