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| "Manufactured Homes - Modular Homes - Park Models - Land/Home Packages" |
Advantages of Manufactured Housing
Cost:
"Depending on the purchaser's area of the country, according to the MHI, "construction cost per
square foot for a new manufactured home averages anywhere from 10 percent to 35 percent less
than a comparable site built home, excluding the cost of land." This lower cost can mean a smaller
mortgage (and lower payments) for the purchaser or, perhaps, more house or amenities for the
same price as traditional construction. Many factors contribute to the price of manufactured homes
including, as one would suspect, features, floor plans, and details. In general, "the sales price for a
new manufactured home ranges from under $30,000 for a single-section home with basic features to
prices in excess of $100,000 for a deluxe multisection home." In some areas of the country,
manufactured housing provides a viable, affordable housing alternative for many people.
Why does manufactured housing cost less? Producers of manufactured housing can take
advantage of economies of scale when purchasing construction materials and equipment and when
hiring laborers. Additionally, since manufactured housing is built in a factory, weather delays are
usually only a factor for the brief on site work period so there are fewer lost building days. Building
supply inventory can be better protected from weather and theft in a factory than on a building site.
Faster to Construct:
It takes approximately 6 to 8 weeks from the time a purchaser says "I want that one" to the time the
house is on site and ready for move in. Depending on the season and the area of the country, a
manufactured home can be ready for occupancy much quicker than a site built house."
www.ncsl.org/.../housing/manufacturedhousing.htm
Cost:
"Depending on the purchaser's area of the country, according to the MHI, "construction cost per
square foot for a new manufactured home averages anywhere from 10 percent to 35 percent less
than a comparable site built home, excluding the cost of land." This lower cost can mean a smaller
mortgage (and lower payments) for the purchaser or, perhaps, more house or amenities for the
same price as traditional construction. Many factors contribute to the price of manufactured homes
including, as one would suspect, features, floor plans, and details. In general, "the sales price for a
new manufactured home ranges from under $30,000 for a single-section home with basic features to
prices in excess of $100,000 for a deluxe multisection home." In some areas of the country,
manufactured housing provides a viable, affordable housing alternative for many people.
Why does manufactured housing cost less? Producers of manufactured housing can take
advantage of economies of scale when purchasing construction materials and equipment and when
hiring laborers. Additionally, since manufactured housing is built in a factory, weather delays are
usually only a factor for the brief on site work period so there are fewer lost building days. Building
supply inventory can be better protected from weather and theft in a factory than on a building site.
Faster to Construct:
It takes approximately 6 to 8 weeks from the time a purchaser says "I want that one" to the time the
house is on site and ready for move in. Depending on the season and the area of the country, a
manufactured home can be ready for occupancy much quicker than a site built house."
www.ncsl.org/.../housing/manufacturedhousing.htm
Facts About Modular and Manufactured Homes
When you are buying a home, you might hear the terms modular homes and manufactured homes.
It's important to understand how they all differ, not matter whether you are purchasing an existing
house or plan to build on land that is subject to restrictions. The differences can affect a home's
price and it's resale value, and even dictate whether or not it can be built on your land.
What Are Modular Homes?
Modular Homes are built in sections at a factory.
Modular Homes are built to conform to all state, local or regional building codes at their destinations.
Sections are transported to the building site on truck beds, then joined together by local contractors.
Modular homes are sometimes less expensive per square foot than site built houses.
A well-built modular home should have the same longevity as its site-built counterpart, increasing in
value over time.
What Are Manufactured Homes?
Formerly referred as a mobile home or trailer home, but with many more style options than in the
past.
Manufactured houses are built in a factory.
They conform to a Federal building code, called the HUD code, rather than to building codes at their
destinations.
Manufactured homes are built on a non-removable steel chassis.
Manufactured housing is generally less expensive than site built and modular homes.
When you are buying a home, you might hear the terms modular homes and manufactured homes.
It's important to understand how they all differ, not matter whether you are purchasing an existing
house or plan to build on land that is subject to restrictions. The differences can affect a home's
price and it's resale value, and even dictate whether or not it can be built on your land.
What Are Modular Homes?
Modular Homes are built in sections at a factory.
Modular Homes are built to conform to all state, local or regional building codes at their destinations.
Sections are transported to the building site on truck beds, then joined together by local contractors.
Modular homes are sometimes less expensive per square foot than site built houses.
A well-built modular home should have the same longevity as its site-built counterpart, increasing in
value over time.
What Are Manufactured Homes?
Formerly referred as a mobile home or trailer home, but with many more style options than in the
past.
Manufactured houses are built in a factory.
They conform to a Federal building code, called the HUD code, rather than to building codes at their
destinations.
Manufactured homes are built on a non-removable steel chassis.
Manufactured housing is generally less expensive than site built and modular homes.
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