Home Buying in Franklin>Question Details

Gail Soares, Home Buyer in 01535

what are the pro and cons of a mobile home in relation to a sick built home? I am thinking of buying one

Asked by Gail Soares, 01535 Thu Jun 18, 2009

I want to buy a home near the water but I can't afford a regular home,I was thinking how a mobile home was on heat savings verses a stick built and maintence.

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Hi Gail,

A mobile home is considered "personal property" and not real estate. That is the major difference. Mobile Homes tend to depreciate in value vs. real estate which usually appreciates in value. If the mobile home is on its own land, then the land has appreciating value.

Please give me a call Gail and I can assist you. My contact information is: CJ Dubois-Cote, Prudential Prime Properties, 207-615-1663 or cindy@prubay.com
0 votes Thank Flag Link Thu Jun 18, 2009
Hello Gail,

There is an inbetween manufactured (mobile) homes and stick built homes. Have you considered looking into a modular home? http://www.modulartoday.com/ When they first came out they were not much different really than manufactured as far as appearance, etc. Take a look at some that are offered now. Their quality has increased significantly and appear stick built in every way as they actually are. You can read about them at the link above and if you Google search "modular homes" you will find plenty of resources on them.

Good luck on the home purchase or build!

Emmanuel J. Scanlan
PS Inspection & Property Services LLC
http://www.psinspection.com
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0 votes Thank Flag Link Thu Jun 18, 2009
As you noted, affordablity is often a major advantage.

Utilities may or may not be an advantage. It really depends on how well built the mobile (or manufactured) home is versus stick-built. The newer manufactured homes are really quite well-built. On the other hand, older ones weren't up to quite the same standards. But the same can be said for stick-built.

Maintenance is a similar factor. It just depends on age and on the quality when built. Regarding age, lots of stick-built homes require lots of maintenance when they're about 15-20 years old. The roof is wearing out. The appliances are near the end of their life cycle. And so on.

In some geographic areas, mobile homes are considered less desirable than stick-built ones. That means they're cheaper to buy, but more difficult to sell. And while stick-built homes may appreciate in value, that's less common for mobile homes.

Hope that helps.
0 votes Thank Flag Link Thu Jun 18, 2009
Don Tepper, Real Estate Pro in Fairfax, VA
MVP'08
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