Prefabricated design has been around since at least the 1940’s, but has lately seen resurgence in popularity. By assembling off-site, prefab gives homebuyers attractive alternatives to the standard residential developments that have become commonplace. While prefabricated homes are not without their disadvantages, they are an interesting component of the post-housing bubble residential market. More on prefab design after the break.
Prefabricated homes first came to prominence in the years immediately following World War Two. With many returning soldiers and others looking for their own homes to purchase, prefab construction was a cheap and easy way to own a home. Over 150,000 of these prefab homes were built in England alone, as they offered attractive incentives for the first-time homebuyers. If the 50’s saw the initial rise of prefab design, then it effectively disappeared in the 80’s and 90’s with the rise of suburban residential developments. This rise and fall is likely to repeat itself, as prefab homes are once again becoming a popular alternative for buying a home.
