You can opt for manufactured home if you are comfortable with the idea of living for less. You can get a manufactured home for much less compared with the traditional houses. You will however have a hard time accessing the financing for the purchase that you are planning to make. Additionally, the likelihood of the value of your house going down is very high as the website suggests. This article guides you in making the suitable choice by exploring the pros and cons of the manufactured homes.
One of the factors that leads a lot of buying choosing manufactured homes is their affordability. Since the units are mass produced the overall cost of assembly is lower. However, you will not be able to access lenders easily. You will need to attach your structure to a concrete foundation or basement if you want to qualify for mortgage. The downside of this is that you will incur more costs.
By choosing a manufactured home you have the opportunity to enjoy luxury at a lower cost. The low base price of the home will enable you to add to the house. You will face challenge in this regard as you will be restricted as pertains to design and layout. If you are interested in a housing option that will give you room for customization you will be better off avoiding the manufactured variety.
When you buy a manufactured home, you will need a place where you will place it. With the dwindling land space in many areas, this can prove to be a tricky situation for you. Even in case where you manage to find the land, the prices are normally prohibitive. The price that you will pay for it will negate the benefits that you had initially envisaged for the manufactured home.
Most of the manufactured homes are of high quality and flexibility. As well you will have the advantage of improved functionality and aesthetics because of the numerous features and customization.
You are participating in the preservation of the environment when you go for manufactured homes since prefabricated materials are used in their construction. As well you will have less waste resulting from the construction.
You lack adequate room to undertake customization and upgrades when you go for the manufactured home as they come with preinstalled features. You will as well find that you are limited when it comes to the amenities that you can put within the house as you can view here.
Manufactured homes do not fetch a good resale price in the market when you plan to dispose them. You will find it challenging to get a buyer who is willing to purchase your house. Your home will not have a competitive edge in the market when compared with others.