Modular homes can feature large windows, minimalistic designs, and natural materials. Manufactured homes on land are appraised similarly to site-built homes, factoring in both land and structure.
Some modular home companies secure government contracts for affordable housing projects in Acheson. Unlike manufactured homes, modular homes can be built with multiple stories. Modular homes are increasingly popular, especially in high-demand areas with limited housing.
There’s a growing resale market for well-maintained mobile homes, especially in high-cost areas. Manufactured homes can include high-end features like granite countertops and hardwood floors.
Most mobile homes are built on a steel chassis, giving them stability and the ability to be moved when necessary. Many residents own their mobile homes but rent the lot in a park, which can impact security and cost.
Manufactured homes must meet HUD standards that cover design, durability, fire resistance, and energy efficiency. On owned land, manufactured homes are more likely to appreciate similarly to traditional homes. Modular homes can feature large windows, minimalistic designs, and natural materials.
Some mobile homes are available under rent-to-own contracts, making ownership more accessible. In some areas, zoning laws limit where mobile homes can be placed, affecting affordability and availability. Manufactured homes are popular in retirement communities, particularly in warm states. Mobile homes have fire safety concerns, although newer models are generally safer than older ones.