When someone thinks about building a house, the very first thing that comes to mind is the traditional brick and mortar home. Few will imagine using shipping containers to build their dream home. The reason is that not too many people are familiar with the financial benefits of constructing homes using shipping containers. The following lines will surely help those not familiar with the this idea and how these corrugated steel structures can offer significant savings over traditional housing options.
- Land Ownership Savings
Considering the portable nature of the shipping container homes, it is no surprise that the owners can save a lot of money from land ownership. You do not need to necessarily purchase the land on which you want to build your shipping container homes since it is considered as a mobile unit. You can rent, lease, or even borrow the land to park your 20ft shipping container home and can save a lot of money from having to own land. In a country like Singapore where the prices of land and homes are very high, building a home using shipping containers can translate to great savings.
- Initial Cost Savings
The biggest financial benefit of using shipping containers for sale to build a home is that they are quite cheap. In a country like Singapore, getting a 40ft shipping container and converting it into a humble abode is way cheaper than buying a traditional home, apartment or condo.
- Construction Savings
You do not need to hire civil engineers, surveyors, masons, or other construction labour to build your shipping container home. All you need is a basic idea of how you want your shipping container home to look like from the interior and the exterior and what systems you want to be installed in it. There are many companies out there who will help you make windows, doors and other ventilation systems in your shipping container, install plumbing, HVAC, lighting, sewerage, electricity, and basic systems, add floorings and paint your shipping container with the colour or material of your choice.
- Mortgage Savings
You simply cannot imagine building a traditional home without taking a long-term home loan. People who take mortgage loans for building their home end up paying huge sums in interest and the principal amount for a large part of their life. Building a shipping container home will not only save you a lot of money in terms of construction costs, but it will also save you from taking long-term mortgage loans.
- Repair Cost Savings
Since shipping containers are made of extremely durable steel, they are very durable and structurally very sound and can withstand long exposure to extreme weather conditions. This makes them not only extremely safe to live in; it also ensures that you are able to save a lot of money in terms of repair costs.
