Buyers can choose floor plans suited to different lifestyles, from open-concept to multi-room layouts. Modular home businesses can easily scale, producing homes faster as demand rises. Modular businesses are gaining market share in areas with high housing demand. HUD has specific standards based on region, including "Wind Zone" ratings to ensure durability in different climates. Modular companies use social media to showcase modern designs and attract younger buyers.
Many modular businesses focus on sustainability, modern design, and speed in their marketing campaigns. Modern manufactured homes are built to last, often with warranties on structural components. Modular homes are increasingly popular, especially in high-demand areas with limited housing. Many retirees, especially in warmer states, live in mobile homes seasonally, moving between climates like Monroe.
Mobile homes may be taxed as personal property rather than real estate unless on a permanent foundation. Mobile homes are more susceptible to damage from tornadoes and hurricanes compared to traditional homes. Modular companies buy materials in bulk, which lowers costs and reduces supply chain delays, benefiting projects in Monroe.
Since the majority of labor occurs in a factory, modular home businesses save significantly on labor. Some manufacturers now offer solar panel integration, appealing to environmentally conscious buyers. Some businesses offer land and development services, bundling land purchase with modular construction in areas like Monroe. Modular home companies often have in-house logistics teams to coordinate transport and installation.
Many modular homes qualify for green certifications due to sustainable building practices in Monroe. Manufactured homes on leased land may face lower property taxes, appealing to cost-conscious buyers in Monroe. In some areas, residents organize to prevent rent hikes in mobile home parks to maintain affordability. Older mobile homes may not meet modern building codes, which could limit where they can be placed. Common sizes are 14x70 feet for single-wides and 24x48 feet for double-wides.
Newer models have enhanced insulation, making them energy-efficient and comfortable. Financing mobile homes can be tricky, as they may be considered "chattel" loans, with higher interest rates.