Buying
Prefabulous Living: 7 Reasons Why Manufactured Homes Are Trending Upwards
By: Zippy • 3 Minute Read
Amidst the ebb and flow of the real estate market, there exists a hidden pathway to homeownership that often shies from the spotlight. Manufactured homes. In a time where traditional housing options may seem out of reach, exploring the value and feasibility of manufactured homes could be your ticket to homeownership.
Manufactured homes have come a long way from their humble beginnings. Today, modern manufactured homes offer a wide range of benefits to homeowners, making them an increasingly popular choice for many families and individuals. In fact, 22 million Americans are currently estimated to be living in a manufactured home!
Here are our top seven reasons for considering a manufactured home.
1.Affordability: What may be the most appealing benefit of buying a manufactured home is affordability. Manufactured homes are typically less expensive than traditional site-built homes (the current average cost of a traditional home in the U.S. was reported in 2023 as $495,100) because they are mass-produced in a factory setting, allowing for greater efficiency and cost savings. Additionally, many manufactured home communities offer affordable lot rentals, further reducing the cost of homeownership.
2. Customization: Manufactured homes can be customized to suit homebuyers' personal preferences and needs. Many manufacturers offer a wide range of floor plans and customization options, allowing homeowners to personalize their homes to fit their lifestyle. This includes options such as upgraded flooring, countertops, cabinets, and more. Always dreamed of an open-concept kitchen for your family to gather around and cook together? You got it.
3.Energy Efficiency: Modern manufactured homes are built to be energy efficient. They are constructed with materials that are designed to reduce energy consumption, including high-quality insulation and low-e windows. Additionally, many manufacturers offer energy-efficient appliances and heating and cooling systems, further reducing energy costs for homeowners.
4.Low Maintenance: Manufactured homes are designed to be low maintenance, so you can spend time doing the things you enjoy most in life. Many manufacturers use materials that are durable and require minimal upkeep, such as vinyl siding and metal roofing. Additionally, manufactured homes are typically built on a steel frame, which provides greater stability and reduces the risk of foundation problems. This means that homeowners spend less time and money on maintenance and repairs, and more time enjoying their homes.
5.Community Living: For those seeking an active and social lifestyle, manufactured home communities provide an attractive alternative to traditional suburban neighborhoods, offering affordability, convenience, and a supportive community environment. These communities often provide amenities such as swimming pools, playgrounds, and community centers, which foster a sense of community and provide opportunities for socializing and recreation. Additionally, many communities offer organized activities and events, such as movie nights and holiday parties.
6.Quick Construction: Manufactured homes are typically constructed in a factory, which allows for faster construction times compared to traditional site-built homes. This means that homeowners can move into their new home more quickly and with less hassle. Additionally, the controlled environment of a factory allows for greater precision and quality control, ensuring that the home is built to the highest standards.
7. Resale Value: Contrary to popular belief, manufactured homes can have a high resale value. As with any home, the value of a manufactured home depends on a number of factors, including location, condition, and age. However, if a manufactured home is well-maintained and located in a desirable community, it can appreciate in value over time, just like a traditional site-built home.
Interested? Contact us to see about getting the keys to your new home! See if you pre-qualify for a manufactured home loan with our risk-free soft credit pull pre-qualificaiton application!