This week’s survey results on the Modular Homes Source blog reveal intriguing insights into what builders and developers prioritize most when working with offsite factories. The survey posed the question:
.
“Which of these do builders or developers value most from an offsite factory?”
The 800 reader responses shed light on the multifaceted considerations driving decisions in the modular construction industry.
Topping the list, with 33.6% of respondents, is the combination of cost and quality. This indicates that a significant portion of builders and developers are looking for a balance between affordability and the assurance of high standards. It’s a clear message to offsite factories that while keeping costs down is crucial, it should not come at the expense of compromising the quality of the final product. The synergy of cost-effectiveness and robust construction quality appears to be the golden ticket for many in the industry.
Close behind, 28.5% of respondents prioritize just cost. This suggests that for a substantial segment of the market, affordability alone is the most critical factor. In a competitive and often cost-sensitive market, the ability to deliver projects within budget constraints can be a decisive advantage for offsite factories. This focus on cost could be driven by various factors, including tight profit margins, economic pressures, or the need to offer more affordable housing options.
The combination of cost and sustainability is valued by 20.6% of respondents. This highlights a growing awareness and demand for environmentally responsible building practices. Builders and developers in this group are looking for solutions that not only save money but also contribute positively to environmental goals. This trend reflects the increasing importance of sustainable construction methods and materials, as well as the desire to reduce the carbon footprint of building projects.
Finally, 17.3% of respondents value quality and sustainability together. This group is evidently focused on the long-term benefits of high-quality, sustainable construction. They are likely driven by the understanding that investing in superior materials and environmentally friendly practices can lead to better durability, lower maintenance costs, and a positive impact on both the environment and community perceptions.
Modcoach Notes:
These survey results underscore the diverse priorities within the builder and developer community when it comes to offsite construction. Offsite factories aiming to capture a broader market share need to recognize and address these varied preferences. Balancing cost, quality, and sustainability will be key to meeting the expectations of different segments within the industry. Whether through innovative materials, efficient production processes, or sustainable practices, offsite factories have the opportunity to align their offerings with what builders and developers value most.
The Modular Homes Source blog survey provides valuable insights that can guide offsite factories in refining their strategies and offerings. By understanding these priorities, offsite factories can better meet the needs of their clients and ultimately contribute to the growth and success of the modular construction industry.
.
CLICK HERE to read the latest edition
Contact Gary Fleisher
