Are used mobile homes a good option?
Everyone loves a new home, and with so many on the market it gives the buyer a wide variety of options. Most people when they think of a new home, consider the standard site-built brick or siding home. And even when it comes to buying a used home, a traditional home is probably what comes to mind. Not many people realize the cost savings they could have by purchasing a manufactured home (a home built in a factory setting) instead. Buying a used traditional home is a good saving compared to a new one, are used mobile homes also a good option?
Let’s look at the advantages of buying used mobile homes. For starters, you may not be aware that mobile homes, or manufactured homes, as they’re also called, depreciate a little in value the first year just by moving them off the lot, in the same way that a car loses value by the time it’s drives it. out of the dealership. Due to this fact, buying a used home can be a great financial advantage. However, if the previous owners have maintained the home well, this depreciation can be kept to a minimum and the home will still retain a good portion of its original value. This obviously means that used mobile homes give you more value for money than newer models.
In many situations, you may find that used mobile homes have had a few updates over the years and may have better insulation and perhaps even newer carpeting, flooring, and fixtures, making them a favorable alternative to a newer model. You also likely have the advantage of not having to move or relocate a used mobile home like you would if you bought a new one on the dealer’s lot. Many mobile home parks or manufactured home communities have previously owned mobile homes for sale, and all you have to do is pay a small additional lot rent each month. This is particularly an advantage for those who are just starting out and don’t want to buy a property yet.
Just like any other home, used manufactured homes come in all sizes and configurations. You can find two houses with three or four bedrooms with two or three bathrooms, even living rooms or family rooms to make your life as comfortable and convenient as you want. As with most things, the bottom line is important, and with existing manufactured homes costing just two-thirds of new homes and only half of traditional homes, it’s possible that this type of home is a favorable option for you.
