Common Questions and Answers:
Find answers to commonly asked questions and learn about the different types of factory built homes, the manufacturers who produce them, the dealers and builders who sell them, how to evaluate their offerings, and how to pay for your new home.
What are the benefits of living in a manufactured home community?
There are many benefits to living in a modern manufactured home community ranging from lifestyle and social benefits to financial and tax benefits.
A major benefit of living in a modern manufactured home community comes from living in a modern manufactured home. Today's manufactured homes offer the best value for the highest quality home on the market. Manufactured homes are durable, state-of-the art housing with custom features and options at prices you can afford. Modern manufactured homes are constructed from the same materials as most site-built homes but they are built in a quality-controlled, factory environment where the materials are never exposed to the elements. Sizes of homes can range from about 1000 square feet up to 3000 or more square feet. Today's manufactured homes offer features once only available in more expensive homes such as stainless steel kitchens, woodburning fireplaces, spacious family rooms and studies, whirlpool baths, energystar-certification and universal design features for aging in place. Manufactured homes can offer all of the amenities and comforts found in a site-built home but often cost 20 to 35% less per square foot.
Additionally, manufactured home communities are well-planned, attractive and secure communities that are managed by professional community managers who keep them well-maintained, attractive and secure. Manufactured home communities provide a secure living situation; many have their own security services and neighborhood watch programs. There are a wide array of services and amenities available in manufactured home communities ranging from lawn maintenance, trash and snow removal to amenities like pools, clubhouses and playgrounds! There is a wide range of communities to choose from across the country. They can be found near shopping, schools and employment centers or near beach, lake and mountain resorts. Also active adult communities offer organized social activities, walking trails, fitness centers and even golf courses.
There are many financial and tax benefits to living in a land-lease manufactured home community. The homebuyer purchases the home only which makes initial out of pocket investment much lower. Lower monthly payments leave more money in your budget for other things. And, just like with site-built homes, the interest on a manufactured home loan is tax deductible in most cases.
With all of these benefits and more, manufactured home communities offer greater value for your dollar than you can find elsewhere.
Take a look at this video from the Manufactured Housing Institute to see the benefits of manufactured home community living:
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