How to Know that a Manufactured Home is Right for You

Rohan Mathew

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So you’re ready to join the world of homeowners or are looking to make a move to something different. Congratulations! There has never been a better era with such great options for you.

In the past, buying a home meant two major choices: new or used houses. Anything else meant shoddy workmanship or a money pit.

Today, everything is built well with warranties to back up your peace of mind. So you can expand your search to include more affordable options like manufactured homes.

You might find that you can get a much nicer manufactured home for less than or comparable to a home with the same amenities. If you’re wondering if this type of house is right for you, use these tips to guide your answer!

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1. Do You Have Property?

One of the most exciting aspects of getting a manufactured home is that you can put it anywhere you want! There’s almost nothing worse for a potential home buyer than finding the perfect house in the wrong neighborhood.

But buying property and then having a home constructed from scratch is a headache on epic levels. Instead of putting yourself and your family through the nightmare of building a home, consider a manufactured house.

It’s a win/win on all sides. You have already chosen the neighborhood you want and the size of the property you prefer. Now you just have to find the manufactured home that’s right for your future!

2. Will Your Family Be Growing?

When you look for a home, remember that it’s an investment in your future. Chances are, you’re going to be there for at least the next ten years, if not forever.

Look for a home that can grow with your future or won’t be too big if your children move out. For some people, an apartment is just the right size and renting one is affordable. But there are a lot of downfalls to apartment living.

A manufactured home comes in multiple sizes just right for big and small families. As an advantage over apartments, the manufactured house gives you privacy. Since the mortgage is often comparable to apartment rent and you’re owning it, this might be a smarter financial option.

3. Do You Want a Say In Your Home?

Buying a house you’re not fully happy with means that eventually you’re going to have to renovate. Construction while you’re living inside the home can be frustrating and difficult.

With a manufactured home, you can customize just about every aspect before it ever shows up on your property. There are many premium homes that are made of high-quality materials, and you can choose how much you want to spend.

Factors like the floor layout, countertops, fixtures, and the size of your closet are all at your command!

4. Are You Looking to Gain Equity?

You may have heard the myth that manufactured homes depreciate quickly. The truth is that when they are attached to property you own, they actually gain equity; just not as quickly as a foundational home.

The myth stems from a partial truth. Manufactured homes that are parked on lots inside communities don’t always appreciate because the property is rented.

Still, this type of home ownership is popular with those looking for a low mortgage and cheap lot rates. If you want to build equity with your home, no matter what kind it is, the property values are important.

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5. Do You Need Financing?

Another reason you should own property before buying a manufactured home is that you may need proof of ownership to get finances. Many mortgage lenders view these types of homes as private property rather than real estate.

Loans for chattel, or private property, operate with different rules than mortgage loans do. In order to get easier financing with better rates, you may need to purchase land before or at the same time as you buy your manufactured home.


Manufactured homes have come a long way since their humble beginnings. You could be surprised to find that you can customize one of these houses luxuriously in your budget!

If you answered “yes” to most or all of these questions, a manufactured home might be the perfect next step for your future!