SECURITIES AND EXCHANGE COMMISSION
                         Washington, D. C.  20549

                                FORM 10-KSB/A1

      (Mark One)
     [ X ] Annual report under Section 13 or 15(d) of the Securities Exchange
Act of 1934 (Fee required)
     For the fiscal year ended  December 31, 1995
                               -------------------
     [   ]  Transition report under Section 13 or 15(d) of the Securities
Exchange Act of 1934 (No fee required)
     For the transition period from __________ to __________

                   Commission file number:   0 - 7 0 9 3

                          MOD-U-KRAF HOMES, INC.
              ----------------------------------------------
              (Name of Small Business Issuer in Its Charter)

           VIRGINIA                                  54-0893908
 -------------------------------                ------------------- 
 (State or Other Jurisdiction of                 (I.R.S. Employer
  Incorporation or Organization)                Identification No.)

      P. O. BOX 573, ROCKY MOUNT, VIRGINIA              24151               
    ----------------------------------------         ----------
    (Address of Principal Executive Offices)         (Zip Code)

                             540 - 483 - 0291                  
             ------------------------------------------------
             (Issuer's Telephone Number, Including Area Code)

      Securities registered under Section 12(b) of the Exchange Act:

                                   NONE    
                               ------------
      Securities registered under Section 12(g) of the Exchange Act:

                               COMMON STOCK     
                             ----------------
                             (Title of Class)

     Check whether the issuer: (1) filed all reports to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days.

Yes [ X ] No [   ]

      Check if there is no disclosure of delinquent filers in response to
Item 405 of Regulation S-B is not contained in this form, and no disclosure
will be contained, to the best of registrant's knowledge, in definitive proxy
or information statements incorporated by reference in Part III of this Form
10-KSB.

Yes [   ]  No [ X ]

     State issuer's revenues for its most recent fiscal year. $9,083,419
                                                              ----------


     State the aggregate market value of the voting stock held by non-
affiliates computed by reference to the price at which the stock was sold, or
the average bid and asked prices of such stock, as of a specified date within
the past 60 days.

                        $1,676,684 at March 1, 1996


                 APPLICABLE ONLY TO CORPORATE REGISTRANTS

     State the number of shares outstanding of each of the issuer's classes
of common equity, as of the latest practicable date, as of March 15, 1994.

               813,649 shares of Common Stock, $1 par value


     Transitional Small business Disclosure Format: Yes [   ] No [ X ]

<PAGE>                       EXPLANATORY NOTE

     This Form 10-KSB/A1 is filed to delete the cover page heading ISSUERS
INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS, which was
incorrectly included.  Mod-U-Kraf Homes, Inc. has never been involved in
bankruptcy proceedings.


<PAGE>                          SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.

                              MOD-U-KRAF HOMES, INC.             
                              (Registrant)

November 26, 1996             By s/Dale H. Powell
                              -------------------
                              Dale H. Powell, President and
                                 Chairman of the Board