How Much Do Manufactured Homes Cost?
A manufactured home is usually made of light materials that can be assembled easier compared to building a full-sized house. These manufactured homes are assembled in a factory and are usually delivered on site. The price of a manufactured home can vary depending on the size of the house as well as the material used to make it.
How much are manufactured home prices?
- The price for manufactured homes mostly vary due to the size, the features, the layout and other factors. For an average size manufactured house, the cost can be anywhere between $45,000 and $80,000.
- For example, MH-Quote.com states that a model manufactured housing that measures 350 to 450 square feet with high grade construction can cost anywhere from $35,000 to $50,000.
- Small to large single-wide homes that measures from 600 to 1,150 square feet and is economically built can cost anywhere from $24,000 to $78,000.
- Double to triple wide houses that measure 1,250 to 1,900 square feet can cost $48,000 to $92,000. These tend to be more durable since they are made of a mid-grade construction.
- Larger manufactured housing that measures around 2,000 to 2,400 square feet and is made of high grade materials can cost between $86,000 to $120,000.
What are the extra costs?
- You will have to pay for the lot on which the house will be placed. Lots may cost more than the house themselves and the price will vary depending on the location of the lot, the number of acres, the area in which the land is located, and more.
- Taxes, zoning permits, and other legalities will be required depending on the city ordinance. Keep in mind that there may be restrictions when building a manufactured home, so be sure to consult before purchasing.
- Financing such as a mortgage or loan will require closing costs and fees depending on the bank. This will also most likely require interest on the loan.
- Additional hookups such as house plumbing and gas installation will be an additional cost. This price will vary depending on the contractor that you hire to do it.
- Furniture, window treatments, and other appliances are extra costs to consider since most homes are built with a blank slate.
- Customized floor plans that the manufactured home dealer does not include may require an architect. Other options such as a basement, garage, septic system and propane tank will incur additional expenses as well.
What is going to be included?
- The full size house with all options and upgrades that you have selected via the dealer. The house will be fully finished delivered to you. Some companies may even offer painting solutions at no additional cost.
- The dealer will ensure that the house is set properly on the foundation and will assist you with getting the plumbing, electrical, and other necessities.
How can I save money?
- Consider the size of your family before buying a manufactured home. You don’t want to end up with a small house if you have a big family. At the same time, buying a big house can be impractical if you don’t have a big household.
- Check other options. If you feel that a house built with more durable materials can provide longevity, then check it out. You may be able to save money in the long run as it has lower chance of deteriorating.
- Check with at least 3 to 5 different dealers that build manufactured homes. It’s best to get a quote for each house. It also helps to look for references, as well as take a tour of homes that they have worked with in the past.
Tips to know:
- Determine your budget before you start shopping for a home. Be sure to know what you can afford. It’s ideal to arrange financing before you start to shop.
- Determine a floorplan. Try to meet with at least three different dealers to discuss your options to see what they can do for you. Pick out what kind of options you’re going to want and get a good idea on what it’s going to cost you. It also helps to know what kind of additions you’ll want such as decks, stairs, garages and more.
- Be sure to check all references on dealers. It is best to know what kind of jobs that they have done in the past.
- Don’t close your home until the home has been fully inspected.