Flexible floor plans allow buyers to choose layouts suited to different lifestyles, from open-concept to multi-room layouts in Panama City. Modular homes may require specialized transport but generally incur fewer costs compared to mobile homes.
Some modular businesses provide off-grid options, including solar power and water catchment systems. A large percentage of affordable housing in the U.S. consists of mobile and manufactured homes. Some mobile home park residents face rent increases on their lot, which can impact affordability.
Manufactured homes on land are appraised similarly to site-built homes, factoring in both land and structure. Factory construction enables modular home manufacturers to tightly control quality. Mobile homes are particularly popular in rural or lower-cost housing markets. In areas like Panama City, modular businesses are gaining market share due to high housing demand.