A new mode of living

At Modal, we are dedicated to solving the affordable housing crisis, by building a housing supply to benefit both homeowners and renters. Accessory Dwelling Units (ADUs), or backyard homes, have become the go-to solution for affordable housing. Modular construction is the ideal mode for building ADUs due to its small footprint and minimal impact on homeowners’ lives.

Rendering of Modal Unit

Since our inception in 2019, Modal has focused on developing compelling, modular ADUs and a delivery process that can be scaled with limited fixed costs. Our modular units marry sustainability and superior quality while having the benefit of speed and lower costs.  

Our CEO and Chairman, Scott Stowell, spent 35 years in the homebuilding industry and served as the Chairman of the 4th largest publicly traded US homebuilder. Scott saw firsthand the limitations of traditional construction and the huge, unmet demand for small, minimal housing. Modal was born to meet that demand while solving the biggest issues facing the construction industry. Although our initial focus is backyard homes, we are expanding our product line for hospitality, multi-family, and affordable housing developments.

To date, we have successfully delivered dozens of ADUs in multiple states, worth $6.5M in total sales, and achieved over 1,200% YOY revenue growth in 2020. After years of refining our processes, we are at an inflection point and ready to scale. We want to revolutionize the way we build housing and the way people live and interact with the built world around them.

ADUs are one of the fastest growing segments of the real estate market

Fueled by changes to state and local zoning laws, the ADU market has grown significantly in the last 5 years and is rapidly expanding. In California alone, the ADU market increased 214% per year from 2016-2019 and the total market is estimated at $250+ billion.

Rendering of Modal Unit

Demand for new ADU construction is strong because it benefits both communities and homeowners. State and local governments have relaxed regulations on ADUs to resolve the affordable housing problem. This has opened the door for many homeowners to capitalize on these changes and generate additional income, increase their property value, and have extra space for guests, loved ones, or working from home. An ADU is one of the best investments a homeowner can make to maximize the value of their home.

ADU-friendly legislation is sweeping the nation. In addition to the entire state of California, municipalities that now allow ADUs include Seattle, Portland, Phoenix, Denver, Orlando, Honolulu, Minneapolis, Charlotte, Philadelphia, Pittsburg, Austin, Houston, San Antonio, and Salt Lake, and experts anticipate continued market growth for the foreseeable future.

Solving the affordable housing crisis with ADUs still has its set of challenges

Despite the strong, growing demand and positive regulatory tailwinds for Accessory Dwelling Units, actually obtaining one is quite complex, expensive, and time-consuming.

The process of navigating architecture, permitting, and city codes can be intimidating while rising costs and change orders lead to budget overruns and difficulty financing. In addition, managing construction in one’s backyard for months on end can be a burden on families and neighbors.

As a result, this fragmented and frustrating process is the primary barrier for homeowners adding an ADU.

Affordable, chic, and stress-free, Modal provides the ideal income property right in your backyard

Modal eliminates the biggest hurdles for would-be ADU consumers by coupling our beautiful, thoughtfully designed modular units with a turnkey, hassle-free service.

All Modal units are built in an off-site factory with quality materials that meet the highest standards of the International Building Code. Building modular provides deliveries twice as fast with more consistent, reliable outcomes. It also generates 90% less waste and 43% fewer carbon emissions than traditional construction.

Rendering of Modal Unit

Our product line includes a home office, studios, one-bedroom units, and two-bedroom units, each stylishly designed to fit into almost any backyard. Modal homes come equipped with a bathroom, kitchen, and living spaces, and are designed to fully maximize space.

From the first phone call to key in hand, Modal makes the experience simple and seamless. We offer a free property analysis, in-person and virtual home visits, financing, and an elegant online ordering process. 

Most importantly, our team does the heavy lifting and handles all aspects of the project -- including processing permits on the homeowner’s behalf, coordinating site work, managing contractors, transporting units from the factory, installing on the foundation, and connecting water, sewage, and electrical wiring. Our customers can sit back, relax, and continue with life stress-free.

Modal is live and actively installing with a track record of success

So far, we have sold 50+ units worth $6.5 million in sales with an average revenue growth rate of 600%+ over two years, and we are continually adding to our backlog. We have successfully installed dozens of units for customers in California, Utah, and New Mexico. We have ensured scalability through strategic manufacturing partnerships with some of the largest modular manufacturers in North America.

We have raised over $4 million in debt and equity from seed investors and spent the past two years building our team, refining our processes and are now at an inflection point ready to scale.

Modal is focused on revolutionizing construction, with the leadership, traction, and technology necessary to scale in today’s booming market!

Traditional building methods remain outdated and inefficient which has led to skyrocketing prices and housing shortages. Modal is solving these problems and improving communities by leveraging modular construction to inspire independent, minimal living.  

We have established partnerships and capacity to rapidly scale our solutions nationwide. Over the next 3-5 years, our team will continue to enter new geographies, develop unique and compelling products, and expand our sales channels to include multi-family, hospitality, and more, increasing our potential market size in the multi-trillion-dollar construction industry. 

 As we work to solve the current affordable housing crisis, we are also addressing one of the largest and fastest-growing segments in the real estate market. Backed by an amazing team with decades of experience in the industry, our business is booming, making this a great time to get involved with our growth. Join us to help revolutionize the housing market, while producing returns along the way.

We are raising funds to invest in sales, marketing, and product development to achieve our high growth goals, and we look forward to having you onboard!