FHA and USDA loans may allow for low down payments, making these homes accessible for more buyers. Common sizes are 14x70 feet for single-wides and 24x48 feet for double-wides. A large percentage of affordable housing in the U.S. consists of mobile and manufactured homes. Specialized insurance can cover the full replacement value of the home in case of severe damage.
There’s a growing resale market for well-maintained mobile homes, especially in high-cost areas. Modular companies often create specialized offerings for remote workspaces and vacation homes. Once on-site, modular homes undergo local inspections to ensure compliance with local building codes.
Factory construction enables modular home manufacturers to tightly control quality and reduce errors. Some people purchase modular homes as rental properties due to their affordable construction and high demand. Placing a manufactured home requires site preparation, including utility hookups and foundation work. Some manufacturers offer land-home packages, bundling land purchase with the home for easier financing. Many modular homes qualify for green certifications due to sustainable building practices.
Modular homes can feature large windows, minimalistic designs, and natural materials. Older mobile homes may not meet modern building codes, which could limit where they can be placed. Manufactured homes come in single, double, and triple sections to offer different space options. On owned land, manufactured homes are more likely to appreciate similarly to traditional homes. Manufactured homes must meet HUD standards that cover design, durability, fire resistance, and energy efficiency.
Modular home companies often have in-house logistics teams to coordinate transport and installation. Using precise factory-cut materials reduces waste and overall building costs. Modular companies use social media to showcase modern designs and attract younger buyers. Most mobile homes are built on a steel chassis, giving them stability and the ability to be moved when necessary. A large percentage of affordable housing in the U.S. consists of mobile and manufactured homes.
Many modular businesses market themselves on their eco-friendly and sustainable practices. Precision manufacturing results in fewer gaps and better insulation, making modular homes energy-efficient in El Dorado.