Wheelhaus
Utah-based Wheelhaus is building luxurious prefab tiny homes on wheels starting at almost $150,000.
The company has seen a rise in sales as people seek out ADUs and more affordable homes.
Take a look around its most popular unit, the 400-square-foot Wedge.
Amid a fraught housing market and rising mortgage rates, one nontraditional home builder has come out a winner with rising sales: Wheelhaus.
Wheelhaus
Source: Insider
But don’t except your typical two-bedroom, two-bathroom family homes.
Wheelhaus
The Utah-based company is building luxurious prefab tiny homes on wheels starting at almost $150,000.
Wheelhaus
And according to its founder Jamie Mackay, these units have sparked the interest and pockets of both accessory dwelling unit (ADU) fans and buyers who are waiting to purchase larger homes.
Wheelhaus
Tiny home builders have seen plenty of success since the start of the COVID-19 pandemic.
Wheelhaus
But Wheelhaus isn’t new to this growing market.
Wheelhaus
Mackay — who has a background in real estate and RV camps — founded the company in 2006 after realizing he could build homes atop platforms on wheels, similar to a tricked-out RV.
Wheelhaus
Wheelhaus’ homes qualify as both recreational vehicles and modular homes, according to Mackay.
Wheelhaus
The company’s first 20 builds were for Fireside Resort, a luxury camping site in Jackson Hole, Wyoming.
Wheelhaus
Since then, sales have taken off.
Wheelhaus
According to Mackay, his units have been “selling like crazy” to customers in the US and Canada.
Wheelhaus
“I always think there’s a recession coming and then we’re gonna sell less units,” Mackay said. “But it seems like it just turns up the knob. Sales go up every year.”
Wheelhaus
At first, Wheelhaus was building around 10 to 15 units a year. But in the last five years, interest has begun picking up.
Wheelhaus
Last year, Mackay said they delivered 175 units. Insider could not verify this number.
Wheelhaus
And in 2023, he predicts the company will produce between 225 to 250 tiny homes.
Wheelhaus
If it weren’t for Wheelhaus’ quality control, Mackay says the company could “sell as many units as he wanted.”
Wheelhaus
These tiny homes were designed to withstand hurricane winds and heavy snow loads.
Wheelhaus
Source: Wheelhaus
Its general uses can be as creative as the owner.
Wheelhaus
These homes can go wherever RVs can go.
Wheelhaus
Some buyers are using them as a home gym or office. Others are using them as a guest house for the pesky in-laws they might not want in their larger home.
Wheelhaus
There’s also the option …read more
Source:: Business Insider