The VERY COSTLY Differences Between Modular and Manufactured Homes

There is some confusion between modular and manufactured homes with that home buyers can be misinformed about which home will make them the most money when it’s time to sell. In this video, we will be going over the most costly differences in Modular homes and manufactured home so you can make the most profit when it’s time for you to sell your investment.

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Kristina Smallhorn
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eXp Realty LLC,2900 Westfork Dr. Suite 401, Baton Rouge LA 70817
225-246-1812,Office [phone] ext# 149
Kristina Smallhorn is a licensed REALTOR® with the state of Louisiana, License #0912122918
Disclaimer:

[richardbutch]

I bought a new 30, 000 dollar manufactured home in 1994, placed it on 3 acres in Florida and paid it off in about 9 years. So, from 2003 until present time I haven't had to worry about monthly payments or rent. Just had to pay land taxes once a year which is low compared to other areas in the US. It made it through Hurricane Irma a couple of years ago and is still in pretty good shape. Even if I gave it away for free, I have still saved a ton of money.

[pumpkinpepsi]

I'm not trying to make money selling my home eventually though. I'm trying to buy a home to live in to make sure I'm never homeless again and make sure my kids always have a home.

[samTollefson]

Speaking as a retired builder, some years ago I put a couple modular homes together for a client that were permanently attached to a concrete foundation and I would say they were stronger than a conventional stick-built house simply based on the fact these things have to travel down the road at high speeds in halves. They have multiple 2x8 ridge beams and extra internal bracing that when the halves are bolted together create a much stronger unit. As a builder I kind of hate to say that but it's true!

[rolandrosairemetayer]

My older brother purchased a manufactured home several years ago here in Quebec, ( Canada) at the time, his friends thought that he was making a DUMB move. He paid the manufactured home off in a very short period of time and my brother always kept his manufactured home in tip top shape. He and his wife raised two children in that home. Today he has ZERO debts. Hence, I would change BANK ACCOUNTS with him any day. So, who gives a POS what type of home that you purchase as long as you have a ROOF over YOUR HEAD and that you are DEBT FREE !!! Cheers from Canada, snow country.

[waterheaterservices]

I will just be grateful to not end up living in a van, DOWN BY THE RIVER!

[barbaragraceful]

I bought a manufactured home 4 years ago, it is on a permanent foundation, in a gated 55+ community in Palm Springs area, and I got a mortgage. Its more attractive and comfortable than any other home I've ever lived in. It's more than doubled in value since I got it, very glad I did.

[jojo]

My grandmother bought a manufactured home for $26, 000 less than 10 years ago in a community for cash. She is selling it and it has almost quadrupled in value. The housing market is nuts & don't let someone sway you out of living your best life

[perpetualmotion]

I am a single retired woman looking to get out of my horrible apartment when my lease is up in 6 months. I want to purchase a manufactured home to live out my retirement years and don't care about resale value since this will be my first and my last home. Whatever happens to it after I'm gone doesn't concern me.

[alderaancrumbs]

We’re purchasing our first home. It’s a manufactured home built in 2014 and is on a fully-landscaped 6, 670 sq/ft lot. The people who built and beautified it did an amazing job and it’s 5 times what it was worth 6 years ago. As long as we continue the legacy of beautification and maintenance, I have little doubt it’ll continue to grow in value. I love Dave Ramsey but he’s not always right on this.

Final thought: Value is subjective and if you’re happy with your home, who cares what others think?

[jimsutton]

I have had 4 homes and 3 of them were MH's 2 sold for more than what I paid and am now in an MF-Home Court 55 and over and ready to sell and it"s worth far more then what I paid for it. Stick built homes are very costly and I find that Manufactured Home offers just as much comfort as any stick-built.

[jodimckee]

My husband and I currently live in a manufactured home and we love it. We downsized from a 3000 sq ft home and love the financial freedom we now have. I think manufactured homes get a bad rap because you always see the run down homes on the news with the toothless dude in a sleeveless shirt out front talking about how the hurricane took out his house. I live in Louisiana so I can say that. Manufactured homes are no different than a regular home, they require regular maintenance and upkeep. We have replaced our roof with a metal roof, replaced windows, doors, flooring all kinds of stuff. No different than a regular home. Our place is 23 years old and no one believes us. It looks great! DO YOUR MAINTENANCE!

[oakleylee]

In today's climate, not many people can afford nice homes. You are either rich or poor, not in-between.

[lucyfuir]

My grandparents purchased their manufactured home for around $30, 000 in the late 80s. they recently passed and the home was sold for $110, 000

[vertihvost]

I bought a 3/2 trailer in Arizona for 33K in 2012. Now it’s 200K with multiple offers.

[christophiluslovingchristb]

Often, people have unique situations & having a manufactured home might be a plus. What we did is to buy land in the country, & a well-kept used single wide for 10, 000, & lived in it as we built the house, then remodeled the mobile home into a woodworking shop. Sometimes a person can use strategy to make things work.

[michaelmeuser]

What has happened to buying a house to be a HOME. Now all the talk is investment and resale value. Crazy world.

[mememo]

I love the idea of vets getting into a home they can afford.

[Alpha-tood]

Here in California anything with a roof goes up in Value..

[debbieaguirre]

Kristina, Thank you for helping Veterans. My husband is a disabled veteran and we are blessed to be living in our home. I Love watching you.

[terra]

One of the most important reasons for getting a modular home or manufactured home is the fact that you don't have to deal with home damages when your looking for a home. You may run into minor issues, but the company usually fixes these things. Plus modular or manufactured home can withstand high winds. I prefer something new without tons of damage before you even buy the place. I believe that modular and manufactured homes are the best way to live and are much safer and energy efficient for everyone!