Top 10 Reasons to Buy a Manufactured Home

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Manufactured Housing, often referred to as MH, is a type of prefabricated home that is assembled in a factory and then transported to its site of residence. Since the U.S. Department of Housing and Development (HUD) regulates the standards of production, MH has the same reliability when compared to traditional stick-built homes. Manufactured Homes create a great opportunity for those looking for an active lifestyle thanks to the resort-style communities in which they reside.

We’ve compiled the top ten reasons buying a manufactured home can save money, time, and worry as you grow into your golden years.

Manufactured Homes: Top Ten Reasons

  1. Low Cost – The average cost of a single-sectioned manufactured home in 2020 was $82,200, making it the number one option for quality, low-cost housing that provides all the features of a site-built home.
  2. High Quality – Manufactured homes are built almost entirely inside under a federal building code administered by HUD. These strict regulations cover all equipment, installations, construction, transportation, fire safety, plumbing, heat-producing, and electrical systems.
  3. Great for Seasonal Living & Retirement– Manufactured Homes create the perfect vacation getaway and year-round abodes. If you are looking to get some equity out of your house and downsize, this is your ideal opportunity.
  4. Specially Designed Communities – Land-lease communities are located in premier destinations near vibrant towns, bodies of water, and natural beauty. You can afford the lifestyle of your dreams and pay a low premium for your home and its lot location.
  5. A Sense of Neighborhood – In an MH community, you’ll find people from all places and backgrounds that cultivate a sense of camaraderie.  You genuinely feel safe knowing your neighbor has your back. Residents love the sense of neighborhood achieved with like-minded people that truly care.
  6. Low Maintenance – There is less upkeep when you have communal landscaping and maintenance onsite. When gifting you more time to focus on what is important to you, with the endless possibilities of how you spend your time and your resources.
  7. Eco-friendly and Energy-Efficient – Manufactured homes are energy-efficient due to the upgraded insulation both under the building and in the walls, on-demand water heaters, water-saving faucets/fixtures, energy-saving appliances, and energy-efficient windows… to name a few.
  8. Fully Customizable – Purchasing a new manufactured home allows you to choose the exact layout and size you want, when available. Even the lot it will reside on! In addition, you choose all your preferred features. For example, fireplaces, walk-in closets, custom cabinets, decks, steps, and siding.
  9. Ability to Finance – Just like a traditional home purchase, the home buyers’ debt to income ratio, tax records, down payment, employment records, and creditworthiness must satisfy lender requirements. You can ask about financing options and check to see if you qualify for loans such as FHA, VA, and conventional mortgages.
  10. Lifestyle – You feel like you are always on vacation as resort-style amenities and activities are offered in all of Cove’s manufactured home communities, year-round. At a Cove ‘Village’, you can find pet-friendly surroundings, beautiful grounds, walking and biking paths, swimming pools, tennis, pickleball, shuffleboard courts, clubhouses, game rooms, RV storage, social events, fitness centers, and a year-round vibrant activities calendar.

Discover the Cove Difference

Experience the Cove Difference

There’s something wonderful about a village. It could be the close-knit community, the spirit of camaraderie, or that everything you need is always in arm’s reach. The Cove lifestyle isn’t a thing, it’s a feeling. You will sense it at every Cove manufactured home community you visit. It’s the Cove Difference, and it lives here. You can experience it too, in the myriad of activities, entertainment, and programs. Especially, in the abundance and quality of the amenities everywhere you look. No matter the Cove community you visit or call home, you will feel the difference. To learn more or to become a part of this vibrant lifestyle, call our Sales Concierge toll-free at 1-833-203-0755 and begin your exploration here.