For most of us, we want to make sure we are making the right decision, especially when it comes to putting down a lot of money on a large investment like a home. Here are a few reasons why it makes sense to purchase a mobile home.
This is probably the #1 reason why most decide to buy a mobile home vs a traditional home. As far as costs goes the price difference is staggering! You can walk away with a brand-new mobile home paying 1/5 the cost of a traditional stick-built home. On average a new mobile home will cost you around $35 per square foot where as a new stick-built home will cost around $200 per square foot. There is a reason why a mobile home is less expensive than site-built homes, and it isn’t because they are somehow inferior in quality, new mobile homes have to meet HUD standards also Mobile homes are priced lowered because they cost less to build.
2. Better than an apartment
In an apartment, you have very little breathing room and thin walls between you and your neighbors around, below, and above you and you’re paying just as much for rent (if not more) than you would for a mobile home, but with a Mobile home, you get some space between you and the rest of the world. You get a yard for you, your family, or pets to stretch their legs.
3. They hold value just like other homes
Obviously, Market conditions play a big role in homes values. However, Manufactured homes typically hold their values the same way traditionally constructed homes do. This means that when home values increase in a specific region, they increase for mobile homes as well, because modern manufactured homes are sturdily constructed, Have great curb appeal, and last, as long as other recently constructed site-built homes. this means they hold their value over time like any other home type.