Although most people call them mobile homes, the official name (since 1976) is "manufactured houses" or "manufactured homes." They're a less-expensive alternative to traditionally constructed houses, and they range from basic narrow structures to spacious homes with carefully crafted floor plans that can include amenities such as cathedral ceilings, walk-in closets, recessed lighting and skylights
Typical costs:
In the most recent data from the Census Bureau's Manufactured Housing Survey (MHS), the average sales price nationwide for a new manufactured home in February 2020 was $55,600 for a single-wide and $107,500 for a double-wide. The prices paid varied significantly by region, with averages a little lower in the South and a few thousand higher in the West. Regionally, the lowest average price was $54,000 for a new single-wide in the Northeast and $92,800for a new double-wide in the Midwest.
Many new manufactured/mobile homes are set up in developments/parks, where the home owners pay monthly fees/space rent of $100-$800 or more, depending on location and park amenities. Other manufactured homes are set up on private acreage in rural areas. For these there may be additional costs for installing a foundation, utilities, decking and landscaping. Costs vary widely depending on location and choice of materials. The Department of Housing and Urban Development (HUD) provides a 112-page guide to manufactured home foundations[1] .
Used double- or triple-wide mobile homes tend to hold their value better than single-wides. Prices can range from nothing or next to nothing for homes where people just want to be able to walk away from the monthly space rent on an older home, to $10,000-$250,000 or more depending on location, age, size and amenities. MHBay.com lists used mobile/manufactured homes for sale by state[2] .
Mobile or manufactured homes are built in a factory and transported to the site they occupy. Overall size is limited by what can be towed by a tractor-trailer on public highways. Single-wide mobile/manufactured homes are a maximum of 18 feet wide and 90 feet long. Double-wides are at least 20 feet wide and a maximum of 90 feet long, and are towed in two separate units that are joined together at the site. There are triple-wide and homes with four or more units, but they are less common. Some modern manufactured homes are two-story[3] .
HUD's Office of Manufactured Housing programs provides consumer information about buying and owning mobile/manufactured homes[4] and AARP lists manufactured housing issues.
Additional costs:
If you're buying or selling a used mobile/manufactured house, NadaGuides.com will provide a detailed retail value report[5] for a 1969 or newer mobile home for $20, or sells a manufactured housing cost guide[6] for $60-$120. There are a variety of guidebooks for buying manufactured homes[7] selling for $10-$40.
It can sometimes be difficult to obtain financing to buy a used mobile/manufactured home (especially for single-wide and/or older models on rented land), and often interest rates are higher than for loans on conventional site-built homes. Mobile/manufactured homes are considered property rather than real estate, and usually they're registered as a motor vehicle (although most of them are never moved again once they're installed).
Discounts:
HUD provides guidelines for saving money by saving energy in manufactured homes[8] .
Shopping for a mobile home:
The Federal Trade Commission presents consumer guidelines for buying a new mobile/manufactured home[9] and the Manufactured Housing Institute offers a detailed booklet on "How to Buy a Manufactured Home"[10] .
Prefab-Home-Buying-Guide.com lists mobile home manufacturers[11] and national and states associations related to manufactured houses[12] .
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2010, 3 Bedroom 2 bath. Good Condition. Roof has been replaced and also there is a new hot water heater. Carpet in bedrooms and wood floors throughout the rest of home.
Looking to possibly buy a 2019 16x74 in a trailer park. 3 bedroom 2 bath single wide it has been lived in previously some minor wear and tear includes dishwasher stove and refrigerator. All tile floors except master bedroom and front bedroom. Asking price is 39,000 but I less than 2 months there will be brand new ones coming for around 41,000
Owners have Asked $45,000. They have expanded kitchen for a larger refrigerator,replaced the dishwasher,oven, range hood, about 8 months ago with all stainless steel appliances,including washer & dryer. Replaced all cabinetry in kitchen &bathroom,although have not installed any shelving in them. Are replacing the skirting and some outside siding where a window was removed to install larger refrigerator. doing minor paint touch-ups on inside paint. Installed new tub & tile surround, toilet & cabinets in bathroom. Has shingle roofing. Age 1991. How much is it worth?
Needs all new carpet and or hard dlooring. Needs all appliances including ac/heater. Walls need patching and painted through out home. I was hoping to find the value if it needed no work at all and also the value as is.
I may purchaae this mobile home ans need an idea of how much it is worth. I have been checking the internet but not much luck. They are asking 25K.Please help me because we need to answer quick as mobile homes are selling very quickly in Albuquerque. Thank you.
1999 2240 square feet, 4 bedroom 2 bath manufactured home with a family room, dining room, livingroom and eat in kitchen-- all appliances included. Located in Belleville MI.
They have completely redone the entire house top to bottom , added a garage , tree house and huge new back deck and carport . They are asking 70,000 is that too much ?
They did a really rough job they filled in some holes but didn’t bother to sand then they painted they did a sloppy paint job trying to charge me for including the first months rent and one year of insurance into the price of the mobile home not too happy with the deal
2005 - 3 bedroom, 2 bath. Replaced all walls with sheetrock and painted thruout. Wood looking vinyl plank floor. Carpet in 2 bedrooms. Linoleum in bathrooms. Master bath tub was replaced with a jacuzzi jet tub. Separate shower. Needs new roof and skirting.
Has 2 bedrooms, 2 bath (one is master bath with walk in shower and double vanity, kitchen and living room. Underpinning not in the best shape. Has central air/heat (electric)
My home is falling apart and not worth the money that I owe on it. It's been refinanced twice and I still owe another 12 years and cant afford to fix anything. My husband passed away in 2013 and it's my debt now. Just wish I had a way of trading it in for a better built one. The amount I owe on it and cost to remodel is more than what I could buy a new one for now.
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