Manufactured housing today isn’t like it was 50 years ago (you know, when Whispering Pines was first starting out). Our last post covered 5 great advantages to manufactured housing, but we couldn’t stop there. So, here are 5 more advantages, in case you weren’t convinced yet.
Actually, all the amenities you can find in a site-built home can also be added to manufactured homes. The only difference is that workers install everything in the house before it reaches your property. Some manufactured homes have walk-in closets, jetted tubs and soaker bathtubs, and others come equipped with fireplaces, bay windows, and gabled roofs. And it’s common for homes to have more than one bathroom outfitted with double sinks and sunken tubs.
Ground Zero for Tornadoes?
We’ve all seen pictures of the devastation: A tornado or hurricane rips through a manufactured home park, tearing buildings loose and causing considerable damage. Many people believe manufactured homes are vulnerable to high winds. In reality, the U.S. government requires that manufactured homes be built to withstand winds up to 110 mph (177 kph) in areas that are prone to hurricane-force winds.1
2. Environmentally Friendly
Manufactured homes come in all shades of colors, but the most important is “green,” as in environmentally friendly. Builders of manufactured homes generally don’t waste a lot of building materials, and whatever scraps they do end up with are often recycled. Modular construction allows builders to use less material without compromising a building’s structure.2
3. Nice Communities
Despite the trailer park stereotype, many manufactured home communities are wonderful places to hang your hat. Homeowners can rent or own the land on which their houses sit. More than 75 percent of manufactured homes are located on private property, while the remaining 25 percent are located in communities where the homeowner leases the lot3.
One of the biggest benefits of living in manufactured home communities is that residents don’t have to worry about the expenses of lawn maintenance, trash removal, snow plowing and other on-site repair work4.
4. Appreciate in Value
Many people believe that manufactured homes will never rise in value. In fact, some people say manufactured homes depreciate over time. A manufactured home is just like any other home. When it’s properly built and maintained, manufactured homes appreciate just like site-built homes. But, as with all housing, the value of a manufactured home depends on a variety of market factors5 such as:
- the local housing market
- the local community
- the initial price of the home
- the age of the home
- the overall condition of the home
- the location of the home
In addition, studies have shown that manufactured housing has little impact on property values. In 1993, researchers at the University of Michigan concluded that manufactured homes did not impact property values of site-built homes in adjacent neighborhoods6.
When you bought your last home and something went wrong, how difficult was it to get the contractor to come and fix it? Chances are it was a hassle, and the work wasn’t done in time. Manufactured homes generally come with a one-year warranty for construction and separate warranties for windows, doors, siding, faucets, appliances — you name it. Most will even provide their customers with extended warranties.
While all new homes will have a warranty, used homes do not.