Arrange a Viewing

Cedar Springs Mobile Estates

    By clicking the Send Message button, you agree to our Terms and Conditions and Privacy Policy.

    Why You Should Buy a Mobile Home: 7 Great Reasons

    2 years ago · · Comments Off on Why You Should Buy a Mobile Home: 7 Great Reasons

    Why You Should Buy a Mobile Home: 7 Great Reasons

    Justin Becker

    Updated: July 29, 2021

    Finding your next house can be quite an overwhelming venture.

    For first time mobile home owners, it can be challenging to pick the best choice of house arrangement from the range of options that are available.

    White caravans buying a mobile home

    Being that mobile homes are one of the most popular forms of housing, you will enjoy some benefits that you’re unlikely to get from buying a stick-built home.

    For years, the manufactured home industry has undergone an overwhelming gradual change that has seen homebuyers enjoying the quality and luxurious homes.

    For example, granite countertops offer an aesthetic appeal to your mobile home’s interior, and are available at an affordable price.

    home white bricks mobile home park

    Today’s homes are customizable, so you can get the design layout of your taste.

    Why You Should Buy a Mobile Home

    Manufactured homes are regulated by HUD, the Housing and Urban Development division of the federal government.

    Manufactured homes are prefabricated structures, built in a factory, on a permanently attached chassis, before being transported to the site.

    Trailer park mobile home

    You can buy your mobile home and place it in a mobile home park or buy your own land. Residential park homes are hugely popular right now.

    Not only does a mobile home park offer comfortable and modern accommodations, it is also cost-effective, safe, and built as part of a welcoming community.

    If the idea of living more affordably appeals to you, manufactured housing may prove to be a good option.

    housing unit mobile home

    If you are thinking of buying a mobile home, here are seven great reasons why you need to strongly consider moving forward:

    1.     It’s Cost-Effective: It’s Better than Buying a Site-Built House or Renting an Apartment

    2.     Mobile Homes Offer You Flexibility

    3.     Mobile Homes on Land Appreciate Like Other Homes

    4.     Mobile Homes are Safe

    5.     Mobile Homes can be Financed

    6.     You’ll Get Your Home Faster

    7.     Mobile Homes are Low Maintenance

    It’s Cost-Effective: It’s Better than Buying a Site-Built House or Renting an Apartment

    With a mobile house, you save in multiple ways. The most obvious is the cost to manufacture the house.

    Buying a site-built house can be challenging since it’s often highly priced, when compared to manufactured homes.

    Nice House mobile home

    Although they are both built from the same material, manufactured homes can cost up to 30% less than a stick-built house.

    Perhaps this is the most beautiful thing about manufactured homes.

    Because they are massproduced and built on assembly lines, manufactured homes cost less to make, thus less to buy.

    For instance, as of September 2018, the median price of a house in the United States was $225,700.

    New manufactured home in a new community mobile home

    Depending on where you live, the average price of a house can be lower or much higher.

    Comparatively, the average cost of a manufactured house in 2018 was $87,100.

    On average, a one-bedroom apartment can cost you around $1,000 monthly.

    In contrast, you can buy a manufactured house with a payment of $450 per month and a lot rent of $350 per month, if you are renting the land.

    Suppose you spend around $100 for maintenance. Still the overall cost will almost be the same as renting an apartment.

    a mobil home in camping real estate

    However, you’ll enjoy a bigger space, in a luxurious house, all while also having the option to resell and recoup some cash.

    Mobile Homes Offers You Flexibility

    One of the best things you can enjoy with manufactured homes is flexibility.

    Especially since a mobile home is usually more affordable than a stick-built home and only semi-permanent.

    If you own land, you can place a mobile house on it now, and remove it in the future.


    What you need to know is that even though manufactured homes are not easily moved once set up, they are easier to carry than a stick-built home.

    Once a stick-built home is constructed, it is more or less there permanently. With your home mobile, you can move freely without worrying about it.

    Mobile Homes on Land Appreciate Like Other Homes

    Undoubtedly when the land value increases, your home will likely gain some value too.

    If you have your house on private land, you are likely to reap big.

    mobile home on trailer park

    Many people are caught up in the argument that this type of housing depreciates.

    Well, you are right, but seeing it from another angle will give you a glimpse of what could go right if you invest in them.

    Real estate does not always go up in value, as many people discovered a decade ago.

    However, when houses are rising in value over time, manufactured homes, with their own lots, go up with them.

    Mobile Homes are Safe

    Manufactured homes are among the safest housing choices available today.

    The Manufactured Housing Institute provides some solid information about manufactured house safety.

    A static caravan holiday home energy efficient mobile home

    Manufactured homes are built to HUD codes, which came into effect in 1976.

    The U.S. Congress passed the bill in a bid to improve the safety standards of mobile homes, which were then on high demand.

    In fact, post-1976 manufactured homes have lower rates of fires than even site-built homes.

    Also, they are built to withstand strong winds, unlike the homes built before 1976.

    Home kitchen big

    Manufactured homes perform as well as site-built homes during a storm.

    For example, during the Derecho storm of 2020, 140mph straight-line winds pounded the Cedar Rapids, Iowa area for 45 minutes.

    Manufactured homes in Hames communities sustained less damage than stick-built homes, apartments and commercial properties.

    Housing Rows mobile home

    None of the Hames manufactured homes tipped over.

    Mobile Homes can be Financed

    Many people have been mistaken about manufactured homes financing.

    While they are not categorized as real estate properties, that doesn’t mean you can’t get financing from financial institutions.

    Per the norm, it all comes down to your credit score.

    Home Credit Score

    If you have a good credit history, you are likely to attract lenders and get your house financed.

    For instance, through HUD programs, banks will loan up to $69,678 on a mobile home that is on a rented lot, and up to $92,904 on a house attached to a lot.

    Here are financing options you can use:

    • VA Loans
    • Personal Loans
    • FHA Loans
    • Fannie Mae
    • Freddie Mac
    • Chattel Loans

    Please remember to compare different financial institutions’ interest rate before buying your house.

    Car Park outside house

    You’ll Get Your House Faster

    Another often-overlooked advantage of assembly line construction of your house is the speed at which your home will be made.

    Manufactured housing has gone through several revolutions, and we are a far-cry from the “trailer home” of yesteryear.

    Construction times for mobile homes vary, but they are always faster than a stick-built home.

    Some more affordable variants of manufactured homes can be built in as little as a few hours, while others will take several days, such as finishing touches on drywall, interior arches, or double-insulated windows.

    Kitchen Variant

    Typically, it takes about four months from house order to house move-in.

    With that said, the actual construction time to build a manufactured house in the factory is just a few days.

    Efficiency of construction is a big advantage of the factory building process. Therefore, one can get their house within months after order.

    Mobile Homes are Low Maintenance

    Think about how much work a traditional property demands of you!

    Stick-built homes demand maintenance that is expensive, especially when compared to manufactured homes. You’ll part ways with a lot of money when it comes to maintenance.

    A new manufactured home at a retirement trailer park.

    In other words, maintaining this type of house is not the same as maintaining a stick-built home.

    Modern manufactured homes benefit from convenient, intelligent construction.

    This means it’s never likely you’ll need to repair anything at expensive rates.

    Older individuals who move into park homes will also benefit from single-level living.

    Still there is less to maintain and repair, therefore there is less hassle and money spent!

    What You Need to Know About Mobile Homes

    Information is important before buying any product or real estate property.

    Before you rush and find that mobile house dealer, here are a few things you should know about manufactured homes.

    Types of Mobile Homes

    Manufactured homes come in a variety of different floor plans, and they are classified according to their size.

    A single-wide mobile home is the most common classification, typically ranging from 600 square feet to 1,330 square feet.

    House In Field

    The dimensions of a single is usually 14 to 18 feet wide and 66 to 80 feet long, and it will usually feature one to two bedrooms.

    A double-wide is actually two single-wides joined together to create a larger house. Typically, double-wides are family homes, as they offer larger floor plans.

    Delivery and Setup

    Whether you’re installing a mobile house on a large rural lot you own, or on an undeveloped site in mobile home parks, there are things you must do to prepare the land.

    White House

    Some communities will prepare the site for you, while others put you in charge of hiring folks to do the required site work.

    How to Insure a Mobile House

    Much like a typical house, you’ll need a manufactured home insurance policy to protect the house and its contents.

    If you’re getting a loan, mobile house insurance will almost certainly be required by the lender.

    Wow Kitchen

    Most communities require residents to carry insurance as well.

    The good thing is that many insurance companies offer mobile house insurance, so you’ll be able to shop around for the best rates.

    Final Thought

    Mobile home ownership is a popular form of housing. If you are thinking of buying a mobile home, this could be one of the best decisions in your life. You’ll save money!

    Home Community Home

    They are energy-efficient, affordable and offer flexibility. These features are what makes it an attractive form of housing for many home buyers.

    About The Author

    Justin Becker is a property owner in the state of Michigan and has a passion for managing communities. He owns both apartment complexes and mobile home communities and has been writing his own blogs for his properties for several years.