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If you think you can hitch it to the back of your truck and take off, think again. Moving a mobile home that meets today’s HUD standards (also called a “manufactured home”) is a massive undertaking. However, it can be done with the right crew of mobile home movers and plenty of planning. According to HUD, the most common method of financing a manufactured home is through a retail installment contract, available through your retailer. Some lending institutions that offer conventional, long-term real estate mortgages may require the homes to be placed on approved foundations.
Make sure to check with the home builder about what you’ll be expected to pay for, potentially including labor costs to set and install the home. Prefab garages and carports are also popular options for some homeowners. A prefab steel garage can cost as little as $4,000, but as with all garages, you should check with your community association first to ensure that you’re allowed to build one.
Planning to move into a manufactured home?
Like all properties, the cost of a manufactured home is influenced by the cost of surrounding homes in the location. The manufactured home will need to be placed on rented or purchased land. Large-scale production means the manufacturers are able to purchase a high quantity of building materials at a lower cost, resulting in a more affordable price without sacrificing quality. Manufactured homes are constructed with permanent steel frames, vinyl siding, fiberglass shingles, and high-quality insulation. As a luxury home, you get more options, so $15,000 give or take a few thousand is more likely the conversation you should expect.
Most of us still use these two terms interchangeably when we refer to a housing unit on wheels. We would be remiss not to mention the difference between a used and a new mobile home. If you’ve lived in mobile homes for any amount of time, you know the difference.
ADDITIONS
Detached garages tend to be slightly more expensive, as they must be built from the ground up rather than attached to an existing structure. Sometimes come with the option to add an extra bedroom or bathroom, so ask your builder about whether the models you’re interested in include these options. Bedrooms and bathrooms themselves are also common areas for optional upgrades, with many models offering premium features such as walk-in closets and separate bathtubs and showers. Many buyers want as many bedrooms and bathrooms as they can get within their price range. Unused bedrooms or flex rooms can be converted into guest rooms, home offices, home gyms or just about anything else. Many families who may plan to have more children will choose to purchase a manufactured home with an extra bedroom or two to accommodate a growing family.
Purchasing a mobile or manufactured home differs from buying a site-built home. A manufactured home is considered private property as opposed to the real estate classification of the traditionally built home. You won’t be able to get a traditional mortgage for a new manufactured home since, again, manufactured homes are not considered real estate.
IT’S NOT THE END
Manufactured homes in the West, for example, are more expensive than in the South and Midwest. Likewise, you’re likely going to spend less for a new manufactured home if you buy in late winter than if you buy at another time of year. What are the features that might make it either cheaper or more expensive?
You can option up for a fireplace and a galvanized metal roof, or you can keep it pretty simple. It is hard to imagine people would spend much less than $11,000 on more common upgrade options, but most people don’t go for every single upgrade either. From tools and supplies to tow hitches and tires, moving a mobile home requires plenty of moving materials.
Manufactured Homes In Georgia
Your moving company should be able to break down the costs of necessary moving materials in your contract. The HUD Code regulates home design and construction, strength and durability, fire resistance and energy efficiency. HUD revised the building code in the early 1990s to improve and expand energy efficiency and ventilation standards, plus wind resistance in areas prone to hurricane-force winds. Manufactured homes are required by federal laws to have smoke detectors, escape windows and “limited combustible materials” around furnaces, water heaters and kitchen ranges. While inspecting a traditionally built home can take several steps, dozens of hours, a lot of paperwork and the involvement of several inspectors, you can expect a much more simplified inspection. Typically, they’re inspected for any issues with the roof, the plumbing, the heat and the electricity.
There is much more layout customization possible with a triple-wide manufactured home, and you’ll likely find at least three bedrooms and two bathrooms, though probably more. First, you have to factor in homes that are in similar condition, with similar upgrades and size. Typically, unless the home is in the same mobile home park, from the same year, with the same upgrades or modifications, a single online listing won’t accurately reflect the sales value of your home. You need to compare with several homes in order to get an average asking price range. Final sales prices typically range between $5,000 and $15,000, the exact rate will change a great deal depending on your specific home, your local market, the park, and other details. Used double and triple wide homes can sell for significantly more, as they hold their value better, but are often more difficult to sell because the asking price is higher.
The two-part units are constructed inside a controlled environment, transported, welded to great a double wide trailer and seamlessly joined together to make a quality double wide manufactured home. Double wide mobile homes are so dynamic in floor plan possibilities that they can range from 1000 SQFT to 2400 SQFT and anywhere from 3 to 5 bedrooms. The average width of a doublewide home is 28 ft – 32 ft with an average length of 76 ft. The versatility in double wide homes, materials, and floor plans are endless.
Chattel loans are the most popular financing option for manufactured homes and are the easiest to get. However, they carry high-interest rates and aren’t ideal if you can avoid them. You’ll need to get a chattel loan for financing if you’re planning to rent the land under your home sits on. The introduction ofHUD codes on mobile homes in the late 1970s meant that there have been fewer mobile home fires than there were previously and more protection from natural disasters.
In 2021, the average home price was at a record high value of $346,900. Compared to an average single-wide mobile home at $40,000 or a double-wide at $75,000, the average price of a mobile home is significantly less expensive than that of a traditional home. When buying a home, potential home owners will have to pay a lot for extra rooms or bathrooms, as well as the overall architecture of a home. When you purchase a mobile home, the rooms and space are limited, but the structure can withstand a lot of weather and be transportable. Needless to say, a bigger and more modern design will cost more than a basic mobile home, but it’s still much cheaper than a traditional home.
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