Since the majority of labor occurs in a factory, modular home businesses save significantly on labor. Some people purchase modular homes as rental properties due to their affordable construction and high demand. Many modular businesses focus on sustainability, modern design, and speed in their marketing campaigns. Modern manufactured homes are built with high wind resistance to minimize storm-related risks. In some areas, residents organize to prevent rent hikes in mobile home parks to maintain affordability.
Mobile homes are pre-constructed homes built on a chassis, allowing them to be moved from one location to another. Factories provide stable jobs for communities, benefiting local economies. Additional modules can be added to expand living space as families grow, a popular feature in Thornton.
Some investors buy mobile homes in parks as a source of rental income due to low initial costs. Controlled factory environments allow modular homes to use resources efficiently and reduce waste. Some mobile homes are available under rent-to-own contracts, making ownership more accessible. They’re often built to the HUD (U.S. Department of Housing and Urban Development) code, which includes standards for safety, energy efficiency, and construction. Modular homes increasingly incorporate modern design elements, including sleek lines and open spaces.