Homeownership has been an integral part of the American psyche for the longest time. People dream of having their own home. This could come with a landscaped yard or a magnificent view of the city. But high mortgage rates are causing many Americans to think this dream is over.
America’s housing market seems toxic now. Mortgage rates are its highest. There’s a large demand for housing but a limited supply. The good news is many people are finding ways to get around the latter. Two popular options are tiny houses and small manufactured homes.
You must have heard of the tiny house movement. It started in the early 2000s as people wanted to live simpler. These structures measure anywhere from 100 to 400 square feet.
A manufactured home is a structure built in a factory. They use the same materials as most as-built homes. They’re then installed on a permanent steel chassis. They come in three configurations. You have your single-wide homes. There are also double-wide and triple-wide structures.
These two housing types are more affordable than a detached house. Small manufactured homes are better though. Here’s why:
It’s Better for Your Wallet
Many people are often surprised to find that manufactured homes are more affordable. Tiny homes cost an average of $45,000 in 2022. That’s around $112 per square foot. But a customized tiny home can set you back $100,000.
Data shows that manufactured homes cost an average of $125,700. That’s across all available configurations. A single-wide manufactured home has around 1,200 square feet of living space. So that boils down to $104 per square foot!
Double-wide homes cost anywhere from $110 to $123,000. A triple-wide configuration can be as cheap as $82,000. The more expensive ones cost around $177,000. All manufactured homes come with an average of 1,000 square feet of living space. So it’s clear that you’ll get more mileage for your dollars with a manufactured home.
It Offers More Space and Privacy
Manufactured homes are best for growing families. Mobile homes for sale range from 1,200 square feet to over 2,200 square feet. They have an average of two bedrooms and two bathrooms. That’s more than enough space for a family of four. It also means that you don’t have to give up your privacy.
Living areas are all defined. You have your living room, kitchen, and dining. You can even have a bedroom with a suite bath. The number of rooms will depend on you and the configuration you choose. You even have the option to add extra rooms. You can also add a porch if you want to. That’s something a tiny home cannot give you.
You Don’t Have to Wait Long for a Home
Contractors will tell you that a site-built home takes eight months to construct. A tiny house takes an average of three months to build. But only if it’s done by a professional. A do-it-yourself tiny home can take as long as a year.
You don’t have to wait that long for a manufactured home though. It takes an average of two months to put together a manufactured home. A faster route would be to look for mobile homes for sale or rent.
It Embodies Green Living
The tiny home movement focuses on a lower carbon footprint. That’s something mobile homes excel in. They’re designed to be as energy-efficient as conventional standalone houses. They adhere to the HUD Code for energy efficiency. It’s why manufactured homes have great insulation and energy-efficient windows. They also have energy-saving fixtures and appliances. This means your energy bills won’t be breaking the bank.
Manufactured homes are also great for the environment. They’re manufactured in temperature-controlled facilities so materials need less protection. You don’t have to worry about metals rusting or panels becoming damaged by rain. It’s why manufactured homes produce less construction waste.
Making Homeownership Possible
You can fulfill your own American dream with Live Mobile Now. We’re a listing service company based in Florida. We specialize in top-quality mobile homes for rent. We also offer manufactured homes for sale. You can find the home of your dreams on our website. Every option comes with detailed information and photos. Looking to sell your home? Our reliable brokers and agents can help you with that. These professionals will make sure you get the best price. Why don’t you give us a ring at +1-877-221-4040 and tell us what you need? You can also send us a message at [email protected].