Affordability and Accessibility of Manufactured Homes

Jul 27, 2023

Affordability and Accessibility of Manufactured Homes

Buying a home is a big step in someone's life. When doing so, you want to make sure that you are getting something that is high quality, accessible, and affordable. Manufactured homes provide all of those things and more! They are perfect for anyone in the market to buy a new home. Overall, over three quarters of people who bought a manufactured home had a positive overall feeling about it, according to a Trifecta Research survey. Trifecta surveyed 1,500 manufactured homeowners and 3 out of 4 manufactured home residents report high satisfaction with the home.

First-time home buyers are one group of people that could benefit from buying a manufactured home. They provide a comfortable space with many benefits. These include being energy efficient and customizable. In particular, you can order your own customized  home as well so that you know you will love every aspect of it. Another benefit is the quality of the home due to the advanced manufacturing techniques. In many cases they are made of the same materials of site built homes with strict building codes.

Another group of home buyers that could benefit from manufactured homes are retirees. These homes are a way to size down from most regular homes, but still have a spacious place to call home. Additionally, having a manufactured home rather than an apartment or condo to rent has the benefit of you owning the home.

There are many financing options available for manufactured homes. Additionally, they are low cost. According to the Manufactured Housing Institute, “the average cost per square foot for manufactured housing was just $72.21 compared to $143.83 for a stick-built home”. Additionally, manufacturedhousing.org says that owning a home is cheaper than renting an apartment. These aspects are beneficial for low-income families and make buying a manufactured home ideal. Not only will you choose a reliable solution by buying a manufactured home, but also a financially responsible one.

We provide manufactured homes for all types of homebuyers. We have many great options in Hillcrest Estates and Villa Diann! We have new homes available and we can also help you order a customized home, as mentioned above. You can see the homes we have available at https://www.hillcrestestates.net/ and https://www.villadiann.com/. See a home you like? You can schedule a self guided tour on our websites! 

Sources:

https://www.rocketmortgage.com/learn/manufactured-home-cost

 

https://www.manufacturedhousing.org/manufactured-homes-rent-comparision/