I'll post question first and then you can read more about my plan below,
Is buying a manufactured home a good idea? Will it like break down on me or something ? lol I've read they only last 30 years?
I would really like some advice please
I am thinking of purchasing a piece of land for $200,000 in the most perfect neighborhood for myself with no other manufactured homes and putting a beautiful manufactured home on the lot. It's one of those manufactured homes that looks stick built. you would never know the difference without seeing it being delivered and the city has approved this.
I would like to know if this is a smart idea? I'm worried that my m.f home won't last as long as a stick built home. I'm not too worried about the resale value because I'm 10 minutes from the beach in southern Ca and there are literally zero homes on the market in my area..plus I'll own the land in a gorgeous a great middle neighborhood
That's why I'm thinking of going this route, anything in my price range is located in the city's bad areas and if anything in my price range pops up it literally sells the next day and even those need work.
I can get the land for 200, the manufactured home for $150-160 and then the costs for permits and utilities. It would still be expensive but cheaper than the homes selling in my budget AND I'd have a brand new home that I helped design.
Thoughts? Advice? Thanks in advance