What Is a Manufactured Home in Real Estate?
A manufactured home is a prefabricated house built in a factory and transported to its site for installation. Unlike traditional stick-built homes, manufactured homes are constructed on a permanent chassis and must meet HUD building standards.
🏡 How Manufactured Homes Work
Manufactured homes are built off-site in controlled environments and then delivered to the property. They can be placed on private land, in manufactured home parks, or on leased lots. Because they are regulated by federal HUD codes, manufactured homes offer standardized quality and affordability for buyers and investors.
🏗️ Manufactured vs. Modular vs. Mobile Homes
- Manufactured Homes: Built after June 15, 1976, under HUD standards; typically on a steel frame.
- Modular Homes: Also factory-built but assembled on-site and treated as traditional real estate.
- Mobile Homes: Older homes built before 1976, often moved between locations and not HUD-certified.
✨ Pros and Cons of Manufactured Homes
Advantages: Lower cost per square foot, energy-efficient builds, and fast installation times.
Drawbacks: Potential financing challenges, land-lease restrictions, and depreciation risk if not permanently affixed.
📢 Selling a Manufactured Home FSBO
Selling a manufactured home yourself allows you to save thousands in commission. With Brokerless, you can list your manufactured home on the MLS for a flat fee, reaching buyers on Realtor.com, Zillow, and hundreds of local real estate sites.