Mobile homes are particularly popular in rural or lower-cost housing markets in regions like Pennsylvania. Placing a manufactured home requires site preparation, including utility hookups and foundation work.
Newer manufactured homes often feature open floor plans, kitchen islands, and spacious master suites. Modular companies can produce both permanent homes and temporary commercial structures in cities like Pennsylvania. Manufactured homes offer an affordable entry point for first-time homeowners.
Financing mobile homes can be tricky, as they may be considered "chattel" loans, with higher interest rates. Common sizes are 14x70 feet for single-wides and 24x48 feet for double-wides.
Manufactured homes offer an affordable entry point for first-time homeowners. Since modular homes are built concurrently with site preparation, build times are much shorter.
There’s a growing resale market for well-maintained mobile homes, especially in high-cost areas. In Pennsylvania, some investors buy mobile homes in parks as a source of rental income due to low initial costs. Many retirees, especially in the U.S., live in mobile homes seasonally, moving between warmer and cooler climates. Some businesses offer land and development services, bundling land purchase with modular construction in areas like Pennsylvania. Many modular home companies partner with architects, realtors, and developers to expand reach and resources.
Modular home businesses can easily scale, producing homes faster as demand rises. Additional modules can be added to expand living space as families grow. Most lenders treat modular homes like site-built homes, enabling standard mortgage terms. Manufactured homes undergo extensive factory inspections to ensure quality and adherence to HUD codes. Modular homes can be built for remote areas, offering housing solutions in otherwise inaccessible locations.