Factory construction enables modular home manufacturers to tightly control quality. Some businesses offer land and development services, bundling land purchase with modular construction in areas like Shreveport. Modular homes are increasingly popular, especially in high-demand areas like Shreveport with limited housing.
Manufactured homes on leased land may face lower property taxes, appealing to cost-conscious buyers in Shreveport. Mobile homes have fire safety concerns, although newer models are generally safer than older ones. Many retirees, especially in the U.S., live in mobile homes seasonally, moving between warmer and cooler climates. Unlike manufactured homes, modular homes can be built with multiple stories. Manufactured homes can include high-end features like granite countertops and hardwood floors.
Financing for manufactured homes can be through chattel loans, FHA loans, or even VA loans in some cases. Because they’re built in sections, modular homes take about half the time to complete compared to site-built homes. 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. Developers frequently work with modular companies on multiple projects due to efficiency and quality.
Additional modules can be added to expand living space as families grow, a popular feature in Shreveport. HUD code includes strict standards for fire safety in manufactured homes. Buyers can choose floor plans suited to different lifestyles, from open-concept to multi-room layouts.