Some modular home companies secure government contracts for affordable housing projects. FHA and USDA loans may allow for low down payments, making these homes accessible for more buyers.
Some people purchase modular homes as rental properties due to their affordable construction and high demand. Mobile homes are more susceptible to damage from tornadoes and hurricanes compared to traditional homes, especially in areas like Arden. Mobile homes are pre-constructed homes built on a chassis, allowing them to be moved from one location to another. Modular homes are highly customizable, allowing buyers to choose layouts, finishes, and fixtures. Mobile homes are particularly popular in rural or lower-cost housing markets in regions like Arden.
Modular companies use social media to showcase modern designs and attract younger buyers in Arden. Modular homes are built to withstand transportation, making them durable and well-constructed. Mobile homes may be taxed as personal property rather than real estate unless on a permanent foundation.
Manufactured homes on land are appraised similarly to site-built homes, factoring in both land and structure. Many modular homes qualify for green certifications due to sustainable building practices. A large percentage of affordable housing in Arden consists of mobile and manufactured homes.
Moving a mobile home can be expensive, and it requires permits and specialized transport companies. If on owned land, manufactured homes are eligible for tax benefits similar to site-built homes. Mobile homes are popular among those embracing minimalism, as they offer a simplified, compact living space.
Modular businesses are gaining market share in areas with high housing demand. Older mobile homes may not meet modern building codes, which could limit where they can be placed. Some modular homes are designed to allow future upgrades easily. Many residents own their mobile homes but rent the lot in a park, which can impact security and cost. Modular homes can range from budget-friendly to luxury, with finishes and sizes to match preferences in Arden.
Many retirees, especially in warmer states, live in mobile homes seasonally, moving between climates like Arden. In some areas, zoning laws limit where mobile homes can be placed, affecting affordability and availability. Modular sections are often transported by flatbed truck, ensuring easy, safe delivery. Many modular companies offer custom design services to meet client specifications.