When you are in the market for a new home, but can't afford the enormous cost of a traditional stick-built home, what options do you have? A popular choice for beginning home owners is to buy a prefabricated home, also known as a manufactured home. Manufactured or prefabricated homes differs from a traditional stick built home in that they are brought to the site already constructed for the most part, rather than being built one board at a time from the ground up. These prefabricated homes are then settled on jacks on a concrete foundation, connected to the water supply and electricity, and skirted with materials matching the siding of the home.
The cost of purchasing and setting up prefabricated homes covers a broad range. You can purchase deluxe models with all the amenities you would find in standard stick-built home, such as Jacuzzi tubs, bonus rooms, and larger master en suites. These fully appointed manufactured homes can put you in a price range upwards of $150,000, which may make you think twice, though when you consider the square footage you would get when compared to that of a similarly priced stick built home, it is definitely worth the money. If this price tag is a little too dear for your budget, there are mid-priced homes more in the range of $45,000 to $80,000 which may feature a large footprint but without some of the bells and whistles found in their luxury counterparts. Need a budget model prefab? Single-wide models can be found for as little as $30,000.
The above mentioned pricing is for newly manufactured homes. A pre-owned prefabricated home can cut the cost for a single wide to under $20,000 for a basic model. Even a pre-owned, fully refurbished manufactured home with four bedrooms, two bathrooms, and a den, can be had for around $65,000, which is a deal worth considering. If you buy a home in a manufactured housing community, you may have a monthly lot rent fee in addition to the mortgage payment but will probably still come out ahead of a standard home of the same size. Better yet, if you own a piece of property you can seat the home on you will save even more. And with the modern building techniques, these homes can be as snug and secure as traditional home, so when the time comes to consider a move to home-ownership, but you think your budget is prohibitive, check out a prefabricated home or two and you may find it is a good choice for your family.
Visit us at Pinewood Estates for affordable and attractive manufactured housing. Get more information at http://www.pinewoodestatesmhc.com or call us today!
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