Silverpoint Homes Blog

Homestead V Cape Cod Style Modular Home Guaranteess Energy Savings Every Month

Joseph Coupal - Wednesday, November 15, 2017
Silverpoint Homes - modular homes in Martinsville, VA

There are many benefits to modular construction and this has led to an increasing number of modular homes in Martinsville, VA. The advanced modular processes continue to improve construction for the best final product for home buyers. As a matter of fact, there are new floor plans introduced that cater to the varying preferences and other specific requirements that were not catered to fully before.

The Homestead V modular floor plan has been receiving high praises by homeowners. The Homestead V is actually a craftsman style cape with 3,710 square feet of living space. Just like any Cape Cod style home built with modular home construction, the Homestead V cape cod style modular floor plan has a pitched roof and prominent dormers. These features accentuate the exterior of this modular home along with the porch and the glass door and symmetrically placed windows.

One might think that these features are just for aesthetics, but that is not true. Dormers allow for natural light to come in the house eliminating the use of electric lights at all times of day. The dormers and other windows also allows indoor air to circulate more effectively and do not require owners to switch on their HVAC system all the time. These attributes help save on utility expenses every month.

To find out more about the Homestead V and other modular floor plans, contact Silverpoint Homes.

The Mitchell Max Ranch Style Modular Home is a Ranch Style Home with a Twist

Joseph Coupal - Monday, October 23, 2017
Silverpoint Homes - Mitchell Max Ranch style

While most ranch style homes are traditional and sport traditional floor plans; ranches have also evolved to fit today’s lifestyle. An example of this evolution is the Mitchell Max Ranch, a style of modular home in Lincolnton, NC.

The Mitchell Max ranch style modular floor plan has a 1640 sq. ft. floor area that makes use of both modern architectural trends and the more humble elements of a ranch style home. For one, the Mitchell Max stays true to the long, low layout. It also sports of a classic porch and traditional saddle roof, both add character to the exterior of the home.

Adding a modern twist, this ranch style home makes use of modern and state-of-the-art modular home construction. Modular construction is taking the home construction industry by storm. But the real twist is in this modular floor plan itself—shifting from the traditional compartmentalized areas of a traditional ranch to an open concept floor plan. This maximizes space and offers a great flow from room to room. In the Mitchell Max ranch style modular home, the kitchen, dining, and living room flow together with no partitions, creating the look and feel of a much larger space inside. All the other elements of the home are positioned at the edge of the layout—the master’s bedroom with walk in closet and large bathroom is on one side while the two other bedrooms, the common bathroom, and utility room are at the other side.

The Mitchell Max ranch style modular home combines traditional architectural elements with modern design to create a beautiful home. To find out more about this modular floor plan, contact Silverpoint Homes.

Spacious and Stylish - The Stanley Cape Code Style Modular Home

Joseph Coupal - Tuesday, October 03, 2017
Silverpoint Homes - Stanley Cape Cod style

Families need and desire a spacious home. They want to ensure that they have enough space for all the furniture and decor, living area and appliances and still have generous space left to move around freely and comfortably. If you are looking for a spacious and stylish floorplan for a modular home in Greensboro, NC, the Stanley Cape Cod Style Modular Home could be the home that is right for you.

The Stanley home is a traditional Cape Cod modular floor plan constructed using state-of-the-art modular home construction. This modular home has a total floor area of 2,986 sq. ft. with an exterior that features a charming gabble roof. The Cape Cod is a traditional style, but it still remains a well-loved style of home by families even today. The Stanley is proof.

Inside The Stanley Cape Cod style modular floor plan is truly a haven for families who love spacious homes. The living room is huge and can serve as a play area for children while the parents relax watching television. All three bedrooms have lots of generous space too. The master’s bedroom is similar in size to the living room with a large and relaxing bath. The dining, kitchen, and utility rooms are all spacious as well and are located in the back portion of the floor plan. Upstairs, there is a huge storage space for seasonal decors and rarely used items.

Silverpoint Homes - Stanley Cape Cod style modular floor plan

The Stanley Cape Cod style modular floor plan is indeed a perfect example of spacious and stylish rolled into one. To find out more about this modular floor plan, contact Silverpoint Homes.

The Ranch Style Modular Home That is Ideal for Starting Families

Joseph Coupal - Monday, September 25, 2017
Silver Point Homes - modular homes in Linconton, NC

Ranch style homes are one of the most popular home styles today. The charm of ranch style homes lies in its simple but long and open layout. For those searching for a ranch style modular homes in Linconton, NC in which to start a family, the Noble ranch modular floor plan could be the perfect choice.

The Noble Ranch style modular floor plan is a classic one-story ranch with 1,456 sq. ft. of living space. All three bedrooms have walk-in closets. The master bedroom bath has a soaking tub. Another bathroom is situated between the two other bedrooms. The Noble ranch style modular floor plan also has a separate room for the washer and dryer, and offers options for constructing a basement or patio. But, what makes the Noble Ranch style modular home a classic is the open dining, kitchen, and great room area. This home is spacious and open, perfect for families just starting out.

Choosing the Noble Ranch Style modular floor plan means moving into your new home in less time than with traditional construction. Modular home construction means you can custom build your homes faster and without compromising durability and quality.

To find out more about the Noble Ranch Style modular home, contact Silverpoint Homes.

The Buckeye II - the Perfect Home for Big Families

Joseph Coupal - Monday, September 11, 2017
Silver Point Homes - Buckeye II Cape Cod Modular Home

Big families should consider big floor plans. With space, everyone can move around and be comfortable with designated areas for play and family time. Modular home construction is a great way to take advantage of the Buckeye II Cape style floorplan, a large and spacious home.

The Buckeye II Cape Cod style modular home in Lincolnton, NC uses shingle-style architecture for an attractive home inside and out. Shingles add shape and texture to the appearance of the house, making it classic as well as stylish. Outside, the Buckeye II has a wrap-around porch to accent the exterior. It has a total floor space of 2,064 sq. ft. with an option for a 2nd floor with 1,081 sq. ft. of space offering total floor space of 3,145 sq. ft. with both floors.

Ideal for big families, The Buckeye II Cape Cod style modular floor plan is designed with space in mind. This home has three big bedrooms and two bathrooms as well as the kitchen, the dining room, and the utility room. But what makes this home special is the designated family room area which is a separate space from the other rooms in the house. Parents can transform this room into an entertainment room for family or a playroom for kids. The Buckeye II is definitely an exciting choice for a family home.

To find out more about the Buckeye II Cape Cod home, contact Silverpoint Homes.

Ranch Style Modular Homes Offer Returns Beyond The Financial - Chapel Hill, NC

Joseph Coupal - Monday, July 24, 2017

Owning a T-ranch style custom-built modular home has many benefits. For instance, The Logan floor plan offers returns beyond the financial because of its aesthetically pleasing and highly functional layout and nearly limitless customization options.

The Logan T-ranch style home is among the many choices of modular homes in Chapel Hill, NC. The Logan is the answer to interested homeowners who desire space, freedom, and comfort.

This 1,720 sq. ft. ranch contains a large living room that separates the largest bedroom from the two smaller bedrooms. At the center of the T-ranch, the living room opens to the kitchen and dining area and connects to the foyer. This modular floor plan also offers a den/bonus room as well as a factory-built porch which adds to the exterior beauty of this home.

Modular home construction is advanced technology for custom-building dream homes. To find out more about The Logan T-ranch style modular home, contact Silverpoint Homes.

Large Traditional Cape Cod Style Home: The Stanley Cape Modular Home - Greensboro, NC

Joseph Coupal - Monday, July 17, 2017
Large Traditional Cape Cod Style Home: The Stanley Cape Modular Home - Greensboro, NC

Most people looking at the floor plan for the Stanley Cape Cod style modular home do a double take. It is a traditional Cape Cod home but with an open, spacious floor plan. Just like the traditional Cape, it has a pitched roof adorned with glass-windowed dormers. But the Stanley has two options for elevation – the Cape and Ranch version. Same beautiful look but in 2 different styles.

There are 3 bedrooms in the Stanley Cape Cod style modular floor plan which makes it perfect for large or growing families. The master has its own bathroom, the other bathroom is shared by the other two bedrooms and can be accessed by anyone in the house. Additionally, the upper level is unfinished, making it perfect for future space expansion. This cape is surprisingly big, but the unfinished floor is ideal for families who have plans of expanding.

Modular home construction in Greensboro, NC continues to surprise interested home buyers with new features and options for customization. With the hundreds of modular floor plans available, modular construction allows for custom-building homes and has set the bar high when it comes to modern home living.

To find out more about the Stanley Cape Cod style modular home, contact Silverpoint Homes.

Check Out Ranch-Style Modular Homes - Greensboro, NC

Joseph Coupal - Thursday, June 15, 2017
Check Out Ranch-Style Modular Homes - Greensboro, NC

There are many home styles today, many are traditional and some are more modern. One of the more enduring traditional home-styles is the ranch style home. Many Americans prefer to live in a ranch because of its classic form and functionality. It appeals to all types of home buyers; for those who are looking for an affordable entry-level home and for those who want a home that can accommodate a family or aging parents. Through modular home construction, the simplicity of a ranch style house with unique character can be built for anyone who wants to build their own home.

Meet the Cumberland Ranch-Style Modular Home

Modular homes in Greensboro, NC feature ranch style home designs. In particular, The Cumberland is a one-story traditional ranch home with a total of 1,664 square feet of living area with three bedrooms and two bathrooms. On first glance, The Cumberland ranch style modular home is inherently simple. The unpretentious nature appeals to both prospective younger and older future occupants who prefer function and style. As compared to the dramatic features of other home models, the stark difference lies in the fact that The Cumberland offers ease of access and openness.

The Cumberland ranch style modular home the modular floor plan is comprised of the living room, dining room, and kitchen. Upon entry the foyer opens to a wide living room with the dining room easily accessible off the kitchen. In addition, the master bedroom is in the left wing of the home while the two other bedrooms are on the right. A bathroom is also available in each wing. Just like any traditional ranch home, The Cumberland offers an optional basement as well as a spacious front lot which can house a garage.

To find out more about The Cumberland ranch style modular home and other floor plans, contact Silverpoint Homes.

Building Smart for Appraisal

Joseph Coupal - Wednesday, June 14, 2017
Building Smart for Appraisal

Every homeowner wants to ensure they’re making a sound investment when building a new home. After all, our home is the biggest investment most of us will ever make!

As you talk with various builders, lenders, or realtors you’ll hear the words “appraisal value” come up time and again. So what does it all mean, and how do you go about building a home with a “good appraisal value”? Here we’ll explain the appraisal process along with identifying some key factors and considerations. By the time you’re finished reading, you’ll be an appraisal expert and ready to build smarter and easier!

What is an appraisal and how does it work?

As part of the lending process, your lender will want to do an appraisal of the proposed home you are building. This is to ensure the home has similar value to recently sold homes in your area because the lender is also invested in your home. The lender needs to know they could resell the home if something went wrong. The lender hires an independent appraiser to review the floor plan and specs, look at similar homes sold recently near your location, and assign a value to the proposed home. This value will determine what the lender is willing to lend for the home on your property.

Lenders vary on the amount they will loan you based on the appraised value. This is called the loan to value (LTV). Some lenders offer 80% LTV, many are 90%, and a few are even higher. The LTV is an important number to know before selecting your lender. For example, an appraised value of $200,000 with a lender that offers 90% LTV means they will lend you up to $180,000 versus one with 80% LTV would lend you just $160,000. That’s a huge difference!

Ok, so the home should appraise for what it cost to build, right!?

Not quite, and here’s where it can get tricky. Appraisal value is a result of recently sold homes with similar size land and homes in your immediate area. This means if you want to build a $200,000 home in an area where similar homes only sell for $100,000, you may have a hard time getting an appraisal to work.

Another consideration is optional features on the home. An appraiser will assign dollar for dollar value on many items in the home, but on others you may get a fraction of what they cost to buy or build. Remember, the lender is making an investment too and will take steps to guard against any losses. An expensive lighting package may be a must have for you, but it will not add any value to an appraisal. Here are a few examples of items that typically do not receive an appraisal value equal to what they cost to build or even buy materials:

Upgraded Flooring, Lighting, Countertops
Upgraded Trim Packages
Upgraded Appliances

Great, so you’re telling me I can’t get all the nice things I want in my home?

Not at all! Doing a little research and taking some simple steps will allow you to build your dream home. Let’s look at some guidelines for building your new home free of appraisal issues.

1) Choose a builder that understands the appraisal process and is willing to walk you thru it. Builders should be able to provide the lender with an appraisal packet that includes license information, detailed specs of the home, contract details, added features, and certifications for the home. The builder should also be able to speak intelligently with you on options and how they will affect the appraisal value of the home. Specifically, which options are likely to add value to your appraisal and which options will likely be assigned little or no appraisal value. Make sure you choose a builder that will allow you to make changes to your contract if there is an issue with the appraisal value.

2) Ask your lender about their appraisal process. You’ll want to know how they choose appraisers in your area, and if an issue arises how it will be handled. Lenders who finance their own construction loans are much more likely to be proactive in helping you through the process and addressing any issues. Brokers, who are not financing the loan themselves, have little incentive to give your loan process the attention it may need.

Your lender should also be familiar with your builder and vice versa. Builders typically have a list of preferred lenders with whom they have an established relationship. It is very important that the lender and builder are able to work together on your behalf.

3) Research the area in which you are building your new home. Look for recently sold homes with roughly the same finished square footage as your proposed floor plan. Make sure the recent sales are in the same price range you will be budgeting for your home.

4) Keep in mind that if you want optional features that have little appraisal value such as porches, upgraded trim, or a garage, you may need a cash down payment on your loan. If you own your property, you may be able to use the equity in your land as this down payment.

5) Prioritize your optional features. What do you have to have in your home now, and what can be changed a few years down the road? Many options like upgraded counters or flooring can be added to your home later. Focus on options that cannot be changed later such as taller ceilings, roof pitch, and structural components.

The appraisal process is an often misunderstood component of the new home construction process. Don’t let misinformation stand in the way of building your new dream home. Following these simple guidelines will empower you to make a smart investment while building the home you’ve always wanted. Let’s get started!

By Adam Peterson, General Manager, Silverpoint Homes of Greensboro, NC.

The Buckeye II Cape Cod Style Modular Home has a Trademark Wrap Porch and More - Lincolnton, NC

Joseph Coupal - Monday, June 12, 2017
The Buckeye II Cape Cod Style Modular Home has a Trademark Wrap Porch and More - Lincolnton, NC

The modular homes in Lincolnton, NC prove that the construction industry has phenomenally progressed over the years. Technology has opened up efficient processes in home building and designing. This innovative approach in home construction allows contractors to create any style home that they can envision and gives vast possibilities in drawing out floor plans.

Through modular home construction, many different home models are created and developed so that homeowners can choose the kind of house they want to live in. One of these modular home models is The Buckeye II Cape Cod style modular home. It is a beautiful two-story modular home with three bedrooms and two bathrooms. On first glance, The Buckeye II Cape is just like its stick-built counterpart. It features a low and broad frame building with a pitched gabled roof and little ornamentation. It will greet visitors with the trademark wrap-around porch on the front exterior, but unlike stick-built Cape style homes that are usually one story, this modular Buckeye II Cape model features a second floor.

The The Buckeye II Cape Cod style modular floor plan showcases a 2,064 square foot first floor and 1,081 square foot second floor totaling 3,145 square feet of living area. The interior of the house highlights its spacious living room with an adjacent, equally large dining room that is connected to the kitchen. Off the kitchen is the easily accessible extended utility room. A separate room on the main floor is dedicated to the family room. Of the three bedrooms two share a bath while the other bath is in the master bedroom. Decks are included on all sides, as well as rear entrances and exits. Heating, ventilation, and air conditioning services are also available.

To find out more about The Buckeye II Cape Cod style modular floor plan, contact Silverpoint Homes.