Buying a Modul home follows the same process as buying off the plans for a house built in the traditional way. A deposit is paid on the home, in this case 10%, which is held in a solicitor's trust account until completion. The only difference is that because a Modul home is constructed off site, it is ‘complete’ once it has been delivered to the site and is ready to move in.
The balance of the price is then paid after Auckland Council furnishes the home’s Code of Compliance Certificate.
As a buyer on the open market, you can visit a Modul display home, find out information on the homes available for sale, talk to an agent, and pay the 10% deposit to secure your home.
For potential affordable home buyers, Modul is offering a portion of its homes in the affordable price bracket. Currently, a home is defined as affordable when it is priced at or below $650,000. You’ll need to register and qualify for an affordable home programme such as Kiwibuild, at this stage you’ll enter a ballot.
The affordable modular homes planned for Hobsonville Point are three-bedroom, 1.5-bathroom, two-storey terrace homes. Meanwhile, more Modul homes are planned for two other Kāinga Ora developments in Auckland neighbourhoods Roskill South and Ōwairaka.
