Modular sections are often transported by flatbed truck, ensuring easy, safe delivery. Modular homes are increasingly popular, especially in high-demand areas like Roanoke with limited housing. Mobile home owners may be eligible for tax deductions if their home is on a permanent foundation. Specialized insurance can cover the full replacement value of the home in case of severe damage. Since the majority of labor occurs in a factory, modular home businesses save significantly on labor.
Financing mobile homes can be tricky, as they may be considered "chattel" loans, with higher interest rates. They’re eligible for traditional mortgages, making financing easier compared to manufactured homes in Roanoke.
Placing a manufactured home requires site preparation, including utility hookups and foundation work. Moving a mobile home can be expensive, and it requires permits and specialized transport companies. Modular homes have resale values comparable to traditional homes.
Factories uphold consistent standards, leading to fewer post-construction issues. Unlike RVs, mobile homes are generally not meant for regular travel; they’re designed for more permanent living. In some areas, residents organize to prevent rent hikes in mobile home parks to maintain affordability.
Modular homes often fare well in natural disasters due to robust construction standards designed for regions like Roanoke. Factories provide stable jobs for communities, benefiting local economies. Some manufacturers produce "tiny manufactured homes" that are compact and affordable for minimalists. Many modular businesses focus on sustainability, modern design, and speed in their marketing campaigns. Manufactured homes must meet HUD standards that cover design, durability, fire resistance, and energy efficiency.
Factory construction enables modular home manufacturers to tightly control quality. Some manufacturers offer land-home packages, bundling land purchase with the home for easier financing.