As mentioned earlier this week, a new Blu Homes prefab will open for tours this weekend, September 15-16, 2012, in Joshua Tree, California. The home was built for Tim Disney with two Origin units and a separate guest unit. Each Origin unit, to give you a ballpark on the value of a home like this, starts at $135,000 in California, according to information on the Blu Homes website.
One of the things about off-site fabrication is that it enables the construction of homes in places where homes may not have been built in the past, whether for reasons of cost or otherwise. A prefab in Joshua Tree, for example, can be built almost entirely by available professionals in Vallejo for less cost.
But finding available land is still a tough nut to crack for most. Cheap land usually has challenges, and infill land is hard to find without deconstruction. A Blu Homes representative told me about 80% of their customers want a green prefab but they have no land. That puts the Blu Homes’ land search partnership with Redfin in perspective.
For customers that can find a parcel, Blu Homes solidified its position as best of class. The other day, the company announced a new round of funding led by Netherlands-based Skagen Group. Blu now has a total of $69 million under investment since the founding in 2008. New funds will be used to “[expand] sales and marketing efforts to keep pace with our technology and design innovations,” according to recent statement.
But land and investment aside, if you’re interested in seeing this modern Joshua Tree prefab, register here. Ace Hotel is providing 15% off when registering by phone with the code “bluhomes.”
Credits: John Swain Photography.