When considering the purchase of a manufactured home, you should carefully weigh the pros and cons and assess your current situation. To help, here is a list of some advantages of owning a manufactured home!
1) Construction Standards: Manufactured home construction is regulated by the U.S. Department of Housing and Urban Development. The home’s plumbing, electrical systems, insulation factors, and energy efficiency must adhere to the department’s stringent construction code. You can rest assured that your home has undergone a multitude of tests for quality control purposes. Learn more about HUD Manufactured Home Construction and Safety Standards here.
2) Cost-Effective: A manufactured home will typically cost up to 50% less than a traditional site-built home with comparable upgrades, aesthetics, and square footage. A combination of efficiency in construction and large order purchase contracts help make these homes affordable.
3) Accelerated Construction: Manufactured homes can be “turn-key” ready in weeks, as opposed to months for site-built homes. Factory efficiency and assembly-line construction allow for accurate, speedy work by the builders. Weather delays and vandalism are virtually non-existent.
4) The Flexibility of Construction: Custom orders allow homebuyers to select from a myriad of upgrades and styles for their new home. Architectural styles, siding, windows, flooring, cabinets, countertops, and even paint colors can be customized. Most builders also have options for increased energy efficiency.
5) Technological Advances: Another great advantage is the tremendous technological advances in the industry. The aesthetic and architectural styles of traditional homes can be modeled, and the advent of energy-efficient options bring accessibility to buyers.
6) Multiple Financing Options: One of the best advantages is the multitude of financing options available to consumers. Chattel loans are good options if you do not wish to affix your new home to your land, and FHA, VA, and conventional loans apply if you do. Need financing?
