Top Things You Should Know About Manufactured Homes

Inflation and student loans are preventing many people from buying a house. There’s also the high demand for housing. These reasons are also pushing homeowners to take another look at manufactured homes.

Many millennials believe a manufactured home is their best chance to be a homeowner. Meanwhile, many boomers are considering it as a great way to downsize. There are a lot of things you should know before you buy a manufactured home though.

Manufactured Homes Are Not Mobile Homes

They’re not called that anymore at least. A manufactured home is now defined as factory-built housing. It’s delivered to a specific area and installed in that location. This type of structure was then called a mobile home. But the HUD Code has changed that. It declared that all housing built in factories is now called manufactured homes. This only covers those made after June 1976.

The term mobile home also doesn’t apply to these structures. After all, they’re only mobile during the initial transport. Once it’s installed, the home remains on the property.

They’re Not Modular Homes Either

A manufactured home and a modular home are two different structures. They do share certain characteristics. The main components of both homes are all made and assembled at a factory. They’re then shipped to their destination.

A manufactured home is also attached to a trailer. It’s then transported whole to the homeowner’s property. The structure will remain on that frame even after installation. But a modular home is always bought to the site in pieces. Linked together, it is then assembled on the property.

You Don’t Need to Live in a Trailer Park

Hollywood movies often show mobile homes in trailer parks. These areas are also portrayed as being on the seedier side of town. It’s likely one of the reasons behind the negative image of manufactured homes.

There’s no law that says you have to live in a park if you buy a manufactured home. Many of today’s buyers own the property their homes will become installed. The land can be anywhere, even in a swanky neighborhood. Don’t have the means to buy land? You can lease it and place your home there.

Manufactured Homes Are Very Affordable

Data shows around 22 million Americans were living in manufactured homes in 2022. The staggering number makes sense as these prefab homes are half the cost of a standalone house.

Buying a house in the US today could set you back $436,800. That’s the average price. It can still go up depending on your location. Meanwhile, a new manufactured home costs an average of $125,000. You can even buy a single-wide average for $88,000. A double-wide home will only cost you $155,00. That’s a sweet deal.

These Homes Are Easy to Customize

Manufactured homes come in various sizes and styles. You can also design it the way you like. It might be affordable but it doesn’t mean the materials are cheap. These structures are always made using high-quality materials. Owners can also choose the layout they want. Do you love an open-plan layout? The manufacturer is on board with that. They can also tailor the space to give you the number of rooms you want. You can also choose details like the countertop material. Add-ons like a fireplace or a patio are also allowed.

You Maintain It Like Any Other Home

Manufactured homes are still homes. They also need love, care, and regular maintenance if you want it to last. You should take care of it like you would a duplex or standalone property. This means there should be regular checkups for leaks and rust. The caulking around windows and vents should become retouched as needed. You should also have the foundation checked once a year. You should also clean the siding and gutters on a regular basis. The interior should be clean and comfortable. The HVAC system also needs maintenance several times a year.

High-Quality and Affordable Homes at Your Fingertips

Owning a home has become easier with Live Mobile Now. We’re one of the best listing service firms in the Sunshine State. We offer a wide range of top-quality mobile homes for rent or sale. Browse through our website for photos and detailed information. We also have reliable brokers and agents on hand. These professionals will help you find the best home for your needs. Give us a ring at +1-877-221-4040 or drop us a line at info@mhlservice.com.