Cost, size, location…all of these and more factor into the decision to buy a house. Add in personal preferences like the look and feel of your home, and it can be hard to find one that fits the bill while staying within budget. Manufactured Housing is an affordable housing solution that gives homeowners everything they want without compromising on their wants and needs. Widely accessible, stable, customizable, and most importantly affordable, manufactured housing is the way to go if you’re looking for your next home.
Manufactured Homes Prices Appreciate
When properly built on property with long-term stability, manufactured homes may be an asset for homeowners. Titling, financing, and land control are the three most significant variables that influence appreciation. Under the appropriate conditions, there is no fundamental reason why a factory-built home cannot appreciate as much value as a comparable site-built home.
Manufactured Homes Can be Situated on Individual Lots
Manufactured homes are versatile; some are in specific manufactured housing communities while others are on privately owned property and lots. Having the option to live in a specific manufactured housing community works for some people, as it offers amenities like community centers and swimming pools. Others, however, prefer to be on their own. The good thing about manufactured housing is that it can work for anyone.
Manufactured Homes Can Be Found Across the Country
Although manufactured housing is more traditionally found in rural areas, manufactured homes can also go in urban and suburban regions across the U.S. Manufactured homes account for around 4% of all housing in urban statistical areas and 14% of all housing in rural regions. Rural regions account for 44% of manufactured housing sales, while major cities account for 9% and suburbs account for 47%.
Stable Housing Option
Manufactured homes are installed on a designated plot of land after they are built in a factory. Homes are built on permanent chassis (base frames with wheels) and then professionally transported in one or more sections and installed on site. Installing a manufactured home on its designated property makes it stable. Additionally, owners of manufactured homes do not necessarily move more often than the rest of the population. In fact, they represent less than 5% of those who move in a year.
Design and Construction
Manufactured homes are designed and constructed carefully by manufacturers to meet safety standards set by the U.S. Department of Housing and Urban Development (HUD). Furthermore, manufactured homes are preferred by many homebuyers due to the fact that they can be customized according to personal preference.
Are you ready to start your search for a manufactured housing community that meets your lifestyle preferences? Cambio Communities is here to help. Feel free to contact us today and our customer representatives will be happy to answer any questions.