Archive for the ‘Real Estate’ Category

Manufactured Homes, Are They For Me?

Throughout the past few years, nearly 1 out of 3 new homes sold has been a manufactured home. With increasing home costs, many buyers prefer manufactured homes, which meet basic housing needs at a lower price. Today, manufactured homes are spacious, well-designed and affordable. The main advantage is that these homes are thoroughly inspected to meet the construction standards set by the U.S. Department of Housing and Urban Development for the design, energy efficiency, toughness, strength, and fire resistance protocol.

Manufactured home dealers provide manufactured homes that fit almost everybody?s taste and pocket. Other models offer luxurious features at a higher price. The home can be a single-section unit or a large multi-section unit. You have the option of choosing from a wide variety of home styles. When buying a manufactured homes, you have to keep the prices in mind. The sales price for a new manufactured home ranges from under $25,000 for a single-section home with basic features to prices in excess of $100,000 for a deluxe multi-section home. Dependability on the location and excluding the cost of land, building cost per square foot for a new manufactured home averages anywhere from 10 to 35 percent less than a comparable site-built home. A manufactured home is the answer if you are looking for a first home, a larger home for your rising family, or the perfect departure home.

As in any other real estate buy, buyers be supposed to always do their due diligence before making the decision to purchase in a manufactured or modular home subdivision so they fully appreciate the costs and fees involved, what services may or may not be available and exactly what limits on the land may be in place.