Modern manufactured homes are built to last, often with warranties on structural components. On owned land, manufactured homes are more likely to appreciate similarly to traditional homes. HUD has specific standards based on region, including "Wind Zone" ratings to ensure durability in different climates.
Since they’re built indoors, modular homes are unaffected by weather delays. Some mobile homes are available under rent-to-own contracts, making ownership more accessible. Some people purchase modular homes as rental properties due to their affordable construction and high demand.
Some mobile home park residents face rent increases on their lot, which can impact affordability. Although they can technically be moved, manufactured homes are typically intended for permanent placement. Manufactured homes on leased land may face lower property taxes, appealing to cost-conscious buyers.