Mobile Homes Can Be a Good Investment

While mobile homes have always been cheapvalue than stick-built.
compared to similar sized “stick-built” homes,Another way mobile homes save you money is their
they come with a stigma of poverty, poor constructionrelatively low cost of maintenance. Replacing furnaces,
and sketchy neighborhoods. Today’s mobile homeroofs and the other bits and pieces essential to a
is going in the face of this image with luxuriouscomfortable home life costs much less for a mobile
appointments, stylish exteriors and quiet, firmly middlethan a similarly sized stick-built home. Despite the lower
and upper class neighborhoods. Many companies arecost, it is quite possible to have the same amount of
now producing “eco-friendly” mobiles, withcomfort in a mobile home as a stick-built.
materials and appliances that conform to sustainable,Owning a mobile in a park can have its advantages as
energy-efficient practices. Many homes come withwell. One big advantage with mobile homes is the
bonuses like patios, sheds, additions and amply-sizedability to have a home in a desirable area that is much
rooms that allow one to entertain easily.lower in cost (including pad rental) than a stick-built
Legislation has taken some time to catch up withhome or a condo. If you are renting a pad, your costs
mobile homes so that there are standards for theircan be even lower. Property taxes are paid by the
construction, but now there are laws in place thatowner of the land where your pad sits on, so they are
require manufacturers to make their homes as soundlymuch lower. Maintenance is often done or hired out by
as they would build a traditional home. The U.S.the owner and paid for by your pad rental fees. You
Department of Housing and Urban Development (HUD)can even use the park as a “stopping off place”
has a Manufactured Housing Program that isfor your mobile while you save up for the mortgage
dedicated to improving the quality of manufacturedon a piece of land that you can remove the mobile to,
housing, including mobile homes.to serve as either a permanent or temporary
Mobile homes that are built to housing standards, withresidence.
multiple amenities are now proving to turn a profit.Mobile homes are not the shoddily built "tin cans" of
There are more and more people realizing a gain inyesteryear. They come in a surprising number of
equity with their mobiles. Mobile homes on owned landstyles and can be built to satisfy the strictest quality
tend to go up in equity, especially with add-ons likeguidelines. By shopping carefully and having a long-term
sheds and other amenities that make the propertyplan, you can make your mobile home into a
more valuable as a whole. Property taxes for mobilesmoneymaker instead of a money pit - and have a
are lower because mobiles have a lower assessedcomfortable, attractive residence in the interim.