Precision manufacturing results in fewer gaps and better insulation, making modular homes energy-efficient. Mobile homes are generally more affordable than traditional site-built homes, making them an option for first-time buyers or retirees. Manufactured homes can include high-end features like granite countertops and hardwood floors. In Florida, some investors buy mobile homes in parks as a source of rental income due to low initial costs. Modular companies use social media to showcase modern designs and attract younger buyers in Florida.
Financing mobile homes can be tricky, as they may be considered "chattel" loans, with higher interest rates. Since the majority of labor occurs in a factory, modular home businesses in Florida save significantly on labor.
Most mobile homes are built on a steel chassis, giving them stability and the ability to be moved when necessary. Factory construction enables modular home manufacturers to tightly control quality. Most mobile homes are built on a steel chassis, giving them stability and the ability to be moved when necessary. Factory-controlled environments reduce unexpected costs during construction. Many mobile home parks offer amenities like pools, community centers, and playgrounds, adding to their appeal.
Many residents own their mobile homes but rent the lot in a park, which can impact security and cost. Precision manufacturing results in fewer gaps and better insulation, making modular homes energy-efficient. Manufactured homes are increasingly seen as a solution to the affordable housing crisis in many areas.