The Pros And Cons Of Choosing Manufactured Housing
If the idea of living for less appeals to you, the manufactured housing may be the best for you. The cost of acquiring the manufactured home is far way less that the conventional stick-frame housing. However, one of the drawbacks of this type of housing is that getting financed for the purchase is not easy. In addition, your house can experience depreciation of its value after sometime. This article aims at outlining the pros and cons of manufactured home so that you can make an informed decision.
The price tags on the manufactured home is an incentive that makes a lot of people go for them. The affordability is informed by their mass productions so they cost less to assemble. Finding lenders for your planned purchase is not easy. You will need to attach your structure to a concrete foundation or basement if you want to qualify for mortgage. You will however pay more to undertake the process.
By choosing a manufactured home you have the opportunity to enjoy luxury at a lower cost. Due to the lower base price you can be able to upgrade the structure. You will face challenge in this regard as you will be restricted as pertains to design and layout. A manufactured home will not suit you if you are looking to have a personalized housing.
You need to look for a place to put your manufactured home if you take this route. You will find yourself in a difficult situation since getting empty land space in a lot of areas is tricky. If you happen to find a patch of land, you may face the challenge of its exorbitant price. Buying the land at the high price will cancel out the benefit you hoped to get when you chose this option.
One advantage of manufactured homes is that they are of good quality and are versatile. Additionally, you will enjoy customization and features as regards the functionality and aesthetics.
The fact that prefabricated materials are used in the construction of the manufactured homes, the structure is friendly to the ecosystem. Additionally you minimize the level of construction waste.
Since the manufactured homes come with specified features you may have little room to make modifications or customization. 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.
You will be faced with low resale value when you plan to dispose the manufactured home. Locating a buyer for your house can prove to be very difficult. Your home will not have a competitive edge in the market when compared with others.
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