Manufactured homes are built in a factory. They arrive at the property pre-built to ensure efficiency, affordability, flexibility and portability. There are a few differences that might make them more or less desirable than their modular or stick-built counterparts, which we will discuss in the rest of this article.
How does a Manufactured Home Compare to a Modular or Stick-built Home?
Manufactured homes are built in a factory and shipped to the property. Unlike a Modular home that is built in pieces, a Manufactured home is built as a single unit. It is delivered on a wheeled chassis, and can be delivered within a few days, compared to a few weeks for a modular home or a few months for a stick-built home.
Manufactured homes are less expensive than modular and stick-built homes. The price per square foot is 10-30% less expensive than stick-built. Although homebuyers should be aware that these types of home do no appreciate in value. Despite the quality of the home, there is a lot of stigma behind this type of build.
There is a lot of versatility to manufactured homes. While they do come pre-built, homeowners can choose to add additional units to the house to create a more complex structure. There is also a possibility of moving the house, since it comes on a wheeled chassis to ensure portability of the structure.
- Less expensive
- High quality
- Energy efficient
- Quick build
- Utility service may not be installed when land is purchased
- Home will not appreciate in value
- Sometimes manufactured homes are not referred to as real property, since construction loans are used to ‘build’ a home
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