Top Benefits of the Manufactured Homes
Manufactured homes are indeed growing in popularity all across the states and the country at large and as such, if at all you are holding on to the thoughts of buying one, then know that you are not alone. In the United States for instance, up to 17 million people live in manufactured homes and they do account for up to 21% of the single family units sold in the real estate market.
The other country where we have seen the manufactured home option as an alternative gaining as much traction when it comes to home ownership is South Africa and as a matter of fact, there is good reason lending credence to this. The availability of great financing options for the manufactured homes is one of the many reasons why these home and housing units have become so popular. The following is a look at some of the reasons why these have indeed become such a phenomenon across economies as an alternative path to homeownership.
Talking of the benefits, one that stands out is the affordability of this alternative path to home ownership. By and large, we all know of the fact that manufactured homes and the mobile homes are generally cheaper as compared to the site built units. Actually, looking at the costs, the costs of building a square foot of a manufactured home, these often prove to reduce the cost by up to 50% of the cost that would have otherwise be spent on doing a site built unit. By and large, looking at this, what we can see is the fact that this is such a significant share of savings that really gets to add up by and by and at the end of your project, it adds up immensely.
This reduction in costs of manufactured homes may be explained by some sure and solid reasons. You shouldn’t be misled to believe the lie that the reason for this is there being an inferiority in the quality of the manufactured homes. A simple reason explaining why the manufactured homes are as cheap when compared to the site built homes is in the sense of the fact that they do get manufactured in controlled environments where they are done by skilled tradesmen. These companies as such enjoy economies of scale for they make their purchases of the materials in bulk and this is transferred to the home buyers who choose to go for the manufactured homes.