Modular companies buy materials in bulk, which lowers costs and reduces supply chain delays, benefiting projects in New Mexico. Many older mobile homes can be retrofitted with updated interiors, roofing, and insulation for improved comfort. Buyers can choose floor plans suited to different lifestyles, from open-concept to multi-room layouts. Modular companies use social media to showcase modern designs and attract younger buyers.
Modular companies buy materials in bulk, which lowers costs and reduces supply chain delays. Some modular homes are designed to allow future upgrades easily.
Mobile homes are particularly vulnerable to wind, so some are anchored with straps to increase stability. Many mobile home parks offer amenities like pools, community centers, and playgrounds, adding to their appeal. Controlled factory environments allow modular homes to use resources efficiently and reduce waste. In New Mexico, some investors buy mobile homes in parks as a source of rental income due to low initial costs. Modular home businesses are increasingly focused on urban infill projects due to housing shortages.
They’re eligible for traditional mortgages, making financing easier compared to manufactured homes in New Mexico. Modular homes often fare well in natural disasters due to robust construction standards. Modular companies buy materials in bulk, which lowers costs and reduces supply chain delays.
Manufactured homes are popular in retirement communities, particularly in warm states. Factory-controlled environments reduce unexpected costs during construction. Factory construction enables modular home manufacturers to tightly control quality and reduce errors. Mobile homes are particularly popular in rural or lower-cost housing markets in regions like New Mexico. Placing a manufactured home requires site preparation, including utility hookups and foundation work.
Modular home businesses are increasingly focused on urban infill projects due to housing shortages. Centralized production facilities help modular companies keep overhead low. Many modular homes qualify for green certifications due to sustainable building practices.
In some rural areas, manufactured homes are exempt from certain zoning requirements. Some manufacturers now offer solar panel integration, appealing to environmentally conscious buyers. If on owned land, manufactured homes are eligible for tax benefits similar to site-built homes. Modular home businesses can easily scale, producing homes faster as demand rises in New Mexico.