is buying a unit in a mobile home park a good idea?

Asked by Jaime Jaunty, West, TX Tue Feb 12, 2013

deciding between a condo or a mobile home. a mobile home seems an inexpensive option for retirement living. re-sale is my major concern. which has the better resale?

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Lynn Brock’s answer
Lynn Brock, Agent, Sarasota, FL
Thu Feb 14, 2013
Jaime Jaunty,

There are some wonderful mobile home parks with terrific activities and amenities.

Whether you buy and mobile home or condo, the monthly maintenance fee and what is included is a huge re sale factor. It does not matter if it is a mobile home or condo, has the same impact.

Also, the view in both situations is critical. You can change the interior but, the view is the view.

Lastly, fall back to Real Estate 101, location, location, location.

Best regards,

Lynn Brock
Brock Realty Inc.
0 votes
Swmbo4, Home Buyer, San Jose, CA
Sat Feb 6, 2016
best manufactured home community in California
0 votes
Lancelink_19…, Home Buyer, Sarasota, FL
Fri Oct 23, 2015
A condo definitely has a better resale, if the property it is a part of is well maintained. A mobile home is an affordable inexpensive option. Contrary to what most people think, a mobile does not have to go down in value. It may not appreciate like real estate does, but if maintained well and remodeled, they can retain if not increase in value over their initial cost. Mobile homes placed in established, well maintained communities is very important.
0 votes
Tammy Hayes, Agent, Port Charlotte, FL
Tue Feb 12, 2013
There are many mobile home parks scattered across Florida. You need to be aware of the differences. There are land-lease parks which are more economical and there are resident-owned parks for a more permanent home. Land-leased communities often sell out to developers as land becomes more valuable. You still own your home and can move it to a new park if this happens, but the cost of transporting the home can be too much for some and they are forced to sell. Be aware and ask the park about this and what your rights are if the park is sold. You should check your agreement.

Many of the parks are for over age 55 and are so-called Mobile Home Retirement Communities. A manufactured home is called a mobile home when it is built before June 1976. After that date, it is called a manufactured home. Many communities have a mixture of ages.

Why would you want to live in a mobile home park? Most people that choose this style of living enjoy the convenience and the low maintenance around the exterior of the property. No more grass cutting, which is a plus at retirement age. It is an efficient and economical way to live comfortably while staying active. Mobile homes are easy to take care of and provide a comfortable living space. Some have small sun rooms and patios. Another major attraction are group activities at the park's clubhouse such as social events, card games, bingo, pool, dances, shopping trips, and more. Some of the parks also offer golf, tennis, a swimming pool, golf trails, and bike trails.

Mobile homes come in a variety of sizes and styles. You can get a 2 bedroom or even a 4 bedroom. Many of the newer homes have the same amenities as a single family home such as ceramic tiled floors, stainless steel appliances, granite counters and large great rooms for entertaining. There is something for everyone. If you are interested in mobile home parks in this area, contact me at I would be happy to send you some information or show you some homes.

Tammy Hayes, Realtor
RE/MAX Palm Realty, Port Charlotte, FL

0 votes
Teresa M. Fe…, Agent, Sarasota, FL
Tue Feb 12, 2013
Hi Jaime,

For resale value, the condo would be the way to go. Mobile homes are a great option for retirement living but they won't hold their value like a condo does. Also, always a concern in tropical storms and hurricanes. If you're only interested in retiring into it forever, then go for it.

My best,

Teresa M. Fellows
ERA Waterside Realty
0 votes
Ron Thomas, Agent, Fresno, CA
Tue Feb 12, 2013
Having lived in a Triple-Wide; I can recommend them to anyone. It was great!
If this fits your needs and you like it; go for it.
Just keep your eyes wide open; get info about the Park and your neighbors.
Think about where you'll be in 5-10 years.
Think about what you'll leave your kids.

Good luck and may God bless
0 votes
Tim Moore, Agent, Kitty Hawk, NC
Tue Feb 12, 2013
Mobile homes do not go up in value and just go down in value so in 5-10 years you have little or nothing. A condo can go up in value.
0 votes
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