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    What is a Mobile Home Community?

    1 month ago · · Comments Off on What is a Mobile Home Community?

    What is a Mobile Home Community?

    When choosing your next home, the location is as important as the home search. With the rise of mobile homes, there are more options available for you than ever before.

    The market has seen the demand for mobile homes rise over the past few years.

    Its affordability makes it possible for many Americans to get homes, and at reasonable prices.

    In fact, according to the Manufactured Housing Institute, between the years 2013 and 2017, the number of manufactured homes skyrocketed from 60,210 to 92,891, which calculates to a whopping 54 percent increase.

    Scenic view of modern trailer of caravan park in summer.

    Manufactured homes are quite affordable compared to traditional site-built homes. You could break the bank trying to achieve your American dream of buying a traditional site home.

    Manufactured homes are so popular that they can be found in urban, suburban, and even rural areas throughout the country.

    When it comes to manufactured homes, one can either place them on privately owned land, or on leased-land in mobile home communities.

    According to the 2017 American Housing Survey, between 1995 and 2017, 31 percent of all new manufactured homes were installed in manufactured home communities.

    What is a Mobile Home Community?

    Mobile home communities are also referred to as mobile home parks, manufactured home parks, land-lease communities, and even trailer parks.

    A mobile home community is a residential development designed to house manufactured homes.

    Residents are provided with land to place their houses, and in return they pay a monthly rent for the lot. The community provides amenities for all residents to use, and charges for those are typically included in the rent.

    Residential Mobile Homes - UK

    For years, people have flocked to manufactured homes as their primary choice of housing arrangement, ditching the traditional site-built homes.

    According to the Manufactured Housing Institute, the mobile housing industry produced almost 95,000 new homes in 2019, which accounted for approximately 10 percent of new, single-family home starts.

    When it comes to mobile home communities, people can either buy a manufactured home, or rent it. Either way, residents will enjoy similar benefits, with the difference being ownership.

    Types of Mobile Home Communities

    Just like choosing an apartment in a neighborhood that matches your taste, the same applies when searching for a mobile home park.

    Caravans

    You look at different variables, and filter them, until you settle on one that checks all of your core boxes. Here are different types of manufactured home communities that you can choose from.

    All-Ages Mobile Home Communities

    Just as the name suggests, this type of community allows anyone, who wants to live affordably, into the neighborhood.

    Additionally, they have a kid-friendly environment that is good for a family.

    You will never have to worry about your children being idle, as such the community typically has amenities such as basketball courts, playgrounds, and organized activities to keep them engaged.

    Age-Restricted Mobile Home Communities

    This type of manufactured home community usually caters to older adults of age 55 years and above. They are also referred to as retirement communities.

     

    Most older adults, who have hung up their boots, downsize from traditional homes, or rentals, and move to such communities.

    Most of these communities have central gathering spaces for social events, with groups organizing everything from card clubs, to shuffleboard tournaments, to even day trips.

    Resident-Owned Mobile Home Communities

    This type of mobile home park offers residents a chance to share ownership of the park.

    Everyone contributes to buying land and paying for other services, like maintenance. Additionally, the residents tend to have the power to decide how the park is run.

    Also, it is rare to hear of such residents being kicked out of the community, since they claim ownership and contribute to how the park is managed.

    Mobile Home Communities are a Great Choice to Live-In and Raise a Family

    Approximately 22 million people live in manufactured homes in the United States, according to the manufactured housing industry statistics.

    Interestingly, 56.4 percent of mobile homeowners have lived in their current homes for more than 10 years.

    Residential mobile park home

    Mobile home communities come along with many benefits. Let’s dive into the reason why we think it is great to live and raise your family in a mobile home park.

    No High Property Taxes

    Living in a mobile home community evades you from paying high property taxes. A mobile home is not classified as real estate, rather it is considered personal property and, thus, is taxed as such.

    Living in a manufactured home community allows you to own a home, but at a far more affordable cost than traditional homes.

    Unlike renting a house or apartment, the mobile home park will offer you considerably enough space for your family, and equally, accord you the privacy you need.

    An apartment’s outside space is likely to be the balcony, if it even has one, which you may even need to share with the person next door.

    If your apartment neighbor is noisy, then you’re likely to have a difficult time staying. On the other hand, a manufactured home community has rules and regulations that often residents subscribe to before being allowed to join the community.

    Sense of Community Living

    Apartment rentals don’t offer many social interactions like mobile home communities do. In fact, you could go days, or even weeks, without meeting with the resident next door.

    Renting apartments is more isolated and lonely, however living in community parks offers you the social interaction aspect.

    The best thing about mobile home communities is that they tend to foster socialization via activities.

    They can be in the form of organized events, clubs, game nights, dinners, and even trips to help keep members busy, all while lifelong friendships are forged.

    Some mobile home parks can be age-restricted, as discussed earlier, which breeds a community of like-minded people.

    Less Costly

    Land is a prerequisite for building a traditional home. For you to have a site-built home, you need to buy land, which is costly and adds to your budget.

    By the time you hire site contractors and buy building materials, you are likely to be overwhelmed by the cost.

    There’s a lot that goes into a construction site, thereby suggesting that big checks need to be available for project progress.

    On the contrary, manufactured home communities offer you an escape route by cutting down the burden of buying land. The only cost is buying or renting a manufactured home, and paying a monthly rent for the lot.

    Raising a family has a lot to do with spending more monthly. If you are on a budget, a manufactured home community will perfectly fit the goal, while living a standard life.

    There’s a misconception that manufactured homes are of poor quality, leading to many people questioning the livability of the home.

    On the contrary, manufactured homes have been subjected to new construction standards since 1976, after the HUD code came into effect.

    This means all mobile homes built after 1976, which are referred to as manufactured homes, are built way better. The amenities were improved, while giving the homes a luxury touch and a modern design to resemble the traditional site homes.

    Appealing Amenities

    Today’s manufactured home communities boast many amazing amenities for their residents. Social interaction is the order of the day in most manufactured home communities.

    They offer places for residents to come together and share meals, socialize, play games, and do community service activities. For example, some offer tennis courts, pristine pools, and much more.

    Some community parks even go overboard by providing extras for their residents, you’ll be amazed!

    Maintenance is Taken Care Of

    A traditional home can be a paradise, until maintenance comes calling. Taking care of a traditional home is far more costly than renting or owning a mobile home in a park.

    Unlike traditional homes, the manufactured home community will include such services in your monthly rent, like water, sewer, and trash, but may also include cable, internet, and other essential utilities.

    Possibly the best thing about living in a mobile home community is that you will have little to worry about.

    Little Worry About Permits and Inspection

    Unlike placing your home on private land, where you need to work on permits, communities have professionals who will help you with anything and everything you need to secure permits.

    If you have less to worry about, your mind will be occupied with other important matters like spending time with your family.

    Conclusion

    Manufactured home communities across the country are known for affordable housing, an eco-friendly environment, and many more.

    home park

    If you have a bigger family, then choosing double wides, as a housing option, will be necessary.
    When searching for a community to join, it is always recommended to do research and establish if it matches your taste.
    Is the park pet-friendly? Such information will be crucial to your decision-making process.
    Also, it is important to understand that manufactured homes are not classified as real estate properties, therefore you’re unlikely to get a mortgage from traditional financial institutions.

    However, there are several financing options one can use to purchase these homes. For example, personal loans, FHA loans, VA loans are some you can count on.

    Your investment in manufactured home communities will be worth it, and you will spend far less compared to traditional homes.

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    Why Mobile Homes Are Perfect for You and Your Family

    11 months ago · · Comments Off on Why Mobile Homes Are Perfect for You and Your Family

    Why Mobile Homes Are Perfect for You and Your Family

    There is still a certain amount of stigma that comes from purchasing or living in a mobile home, but the truth is, there really shouldn’t be. Today’s mobile residences are nothing like those of yesteryear. Consequently, if you are considering a mobile home for you and your family, now is the time to start home shopping. Not only are there endless lifestyle benefits, but there are also numerous financial ones. Thus, to better assist you with your decision, here are several reasons why mobile homes are perfect for you and your family.

    Affordability

    One of the main reasons why many people opt for a mobile home is because they are affordable. In fact, on average, you can expect to spend anywhere from 10 to 20 percent less per square foot than you would on a traditional stick-built home. Moreover, since mobile homes cost less overall, that means your monthly mortgage payment will be considerably lower as well.

    Homeownership

    Along those same lines, purchasing a mobile home is the easiest and least expensive way to become a homeowner. Your monthly mortgage payments are more affordable, and utilities cost less. As a result, you can actualize your dream of owning a house even when your credit is not the best, or you only have so much money saved up.

    Furthermore, with the way mobile residences are designed today, it is becoming harder to tell the difference between a mobile home and a smaller site-built residence. In other words, today’s mobile homes have full scale, luxury kitchens, bedrooms, name brand appliances, washer/dryers, and more.

    Flexibility

    This also means you have a large selection of floor plans, amenities, facades, and customizable features to choose from. A prime example of this is the fact that you can purchase a mobile home that ranges from 500 to 5,000 square feet. Similarly, these particular kinds of residences are portable, as the name implies. Thus, you can decide you want to move elsewhere without having to put your home up for sale, pack, and relocate. For many people, having the flexibility to move whenever they want is a highly desirable feature or benefit that mobile homes can and do provide.

    Luxury Living

    As briefly mentioned, today’s mobile residences have high-end features like gourmet kitchens with stainless steel appliances and spa-like bathrooms. Therefore, owning a mobile home or embracing mobile home living does not mean you have sacrifice when it comes to the finer things in life. So, if you have been dreaming of a luxurious kitchen with granite countertops, designer fixtures, and a walk-in pantry, you can still have all of this plus more.

    High Quality

    Yet another reason why you and your family will fall in love with a mobile home is quality. Today’s mobile homes offer superior construction. Most manufactured homes are built or prefabricated in a controlled environment. Thus, there is little construction material waste, and your home is protected from the elements during the construction phase. Moreover, most mobile home manufacturing companies have building mobile residences down to a science. Consequently, the construction process is monitored, efficient, and handled by skilled professionals.

    Quickly Assembled

    A mobile home is assembled in record timing. As a result, you can have a brand new mobile home built in one-half to one-third the time it would take to construct a traditional site-built residence. Overall, if you choose to have a mobile home built from scratch, then you should have a complete house in approximately six months. During this 6-month period, your mobile home’s foundation is laid, and transportation arrangements are made. Typically, any larger than a single-wide will need to be transported in halves and then roughed out at the site. However, the process of setting up a double or triple-wide residence does not take long at all.

    Energy Efficient

    Mobile homes are energy efficient, as well. Thus, you and your family can enjoy affordable, luxurious home amenities and comforts while utilizing the latest energy-saving technology. This is yet another perk for most mobile homeowners. Being more energy efficient also means less building/construction waste, cheaper utility bills, and a reduction in your family’s carbon footprint.

    Environmentally Friendly

    Likewise, since your manufactured residence has less square footage than a traditional site-built home, it is actually more environmentally friendly. As you may have guessed, you use less electricity, water, and gas when you live in a small house. Plus, as briefly mentioned, energy efficient technology and appliances also help to reduce the amount of power you are using.

    A few examples of energy efficient technology and appliances that most newer mobile homes include are eco-friendly paints, flooring, cabinets, and other building materials. What’s more, these particulars are often equipped with Leadership in Energy Environmental Design (LEED) certified toilets, faucets, high-efficiency heat pumps, and more.

    Warranties

    Besides having high-quality construction, being inexpensive, and offering a whole host of amazing features, your mobile residence’s home warranty will likely provide you with extensive coverage. Home warranties for a mobile home are remarkably comprehensive due to the overall quality of a constructed or manufactured residence being top-notch and closely monitored. Thus, many mobile homeowners never even use their policy/warranty. So, warranties tend to cover more.

    Durability

    In addition to all of this, mobile residences are extremely durable, especially when compared to site-built houses. Once again, the superior construction and design allow for a rather long shelf-life or lifespan. Manufactured residences are also less likely to be damaged or in need of repair after harsh/hazardous weather conditions like high winds, hail, heavy snowfall or rain, and even earthquakes.

    Appreciation in Value

    Mobile homes only get better with time. Think about it, traditional site-built homes tend to depreciate at a much higher rate than mobile homes. Since manufactured houses, on average, require less maintenance and costly repairs, resale values are often higher. Similarly, third-party inspections (which are needed to sell most houses) tend to highlight the home’s retained value. This will normally increase the amount the buyer is willing to pay or offer, making it an added bonus for most mobile homeowners.

    Communal Amenities

    Lastly, owning a mobile home in a mobile community only adds to the experience. Mobile home communities now offer first-rate amenities. For instance, many manufactured home parks have community centers, fitness facilities, management sponsored events, open green spaces, picnic/barbeque areas, playgrounds, and so much more. Communal amenities typically come standard with most parks and do not cost you extra on top of your lot rent or like they often do in master-planned communities (HOA fees). Thus, you and your family can have it all and then some.

    Final Note

    At the end of the day, if you are thinking about purchasing a mobile home, you should act on it. These current models are top-quality and offer some of the best amenities around. Moreover, if you want to live in an upscale mobile home community, there are even more benefits for the entire family.

    Ultimately, being able to own a home and having money left over each month can be a reality if you choose to buy a manufactured residence. That said, if you have any questions or would simply like additional information on the mobile homes in your area, then you should contact a local mobile home dealer for further assistance. A local mobile home retailer can also be helpful in this instance.

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