A home by the bay or in the mountains in a manufactured home may only cost $700-$1,000 a month for house payment, site rent and utilities, comparable to renting an apartment, and much less than the thousands more for a traditional home in a similar setting. Manufactured housing is becoming the new affordable housing, with basic single section homes starting at $30,000, especially as 10,000 Baby Boomers daily retiring. But, according to usatoday.com, prices for multi-sections with added features can go to $100,000 plus. They can readily be made more energy efficient (“greener”) than comparable site-built with utilities only costing $1,000 for the year. Buying a pre-owned manufactured home (MH) with a less spectacular view could conceivably keep monthly costs to $300-$500. While the article erroneously states it can cost up to $25,000 to move a manufactured home, it is correct in saying there is an active resale market because of the cost to move one. MHProNews understands moving a factory-built home generally costs well under $10,000.
(Photo credit: Pine Grove Manufactured Homes, Inc.)