You now know some of the advantages that modular construction offers over conventional permanent construction, but you probably don’t know much about the modular office cost savings benefits this solution provides to companies. We’ll help you learn more information on the subject with advantages that are sure to help your bottom line.
Reduced construction costs
Site construction is often labor intensive and quite extensive. Modular construction, on the other hand, can significantly reduce your construction costs. How? Modular units are fully equipped and prefabricated upon installation, typically allowing customers to have their projects completed over the weekend. Plus, a construction crew can never match the high speed and efficiency of the automated manufacturing process modular units go through.
Modular wall systems allow for easy reconfiguration or relocation, so when your space needs change, your modular units can, too! You won’t find that same advantage with permanent construction solutions. With this competitive edge, you won’t lose your investment — you will be reusing the same product and materials that were already purchased, again and again.
Thanks to the current tax laws, and because they’re classified as a tangible property, modular offices and other modular wall systems qualify for a seven-year depreciation period. Meanwhile, conventional construction is considered to be a permanent structural addition to a building. Therefore, this type of construction is classified as real property, with a depreciable life of 39 years.
Modular offices have proven to offer far more advantages than conventional permanent constructions. So at Starrco we ask: why haven’t you considered this solution for your construction project? Contact us and we’ll help you determine if this is the right type of construction for your business.