Having a home is a lifelong dream for money. But when it actually comes to building a home, the process seems to get overwhelming. There is an array of factors that you need to consider making the right decision with regards to your home. One of the important factors is to pick between manufactured houses vs stick-built houses. You can check this site https://www.sellmobilehomenow.com for the same.
What is a Manufactured Home?
Manufactured housing, also known as mobile homes, is a prefabricated housing that is assembled in a factory and transported to a location. These homes are typically built on a minimum of 230 sq. Ft. areas and come with wheeled chassis to ensure transportability of the house.
Pros and Cons of Manufactured Homes
Following are the advantages of manufactured homes
The cost of buying a manufactured house is relatively less than buying a stick-built home. Today, it has become one of the biggest sources of non-subsidized housing option in the US.
With manufactured housing, you get long-term options. Considering that they are an affordable option, families can start with investing in a small house, then add further modules with their growing needs. A manufactured home can also be a great option for a starter home for people who plan to build a bigger house in the future.
- Faster Set-up
Watching your home take its shape is one of the most exciting things to watch. The installation and integration of utility in manufactured housing are done very quickly.
Whether you buy a manufactured home to place in your own property or buy in a manufactured housing community, you will be surprised at how quick the installation processes.
- Highly Energy Efficient
The construction of the manufactured home is done with an environmentally conscious approach. The HUD code makes sure that these houses obtain a high degree of energy efficiency.
The kitchen and bathroom appliances are equipped with energy-efficient appliances, and plumbing fixtures and faucets are water-saving as well.
Following are some of the Disadvantages of Manufactured Houses –
- The Stigma Associated with Manufactured Housing
While modern manufactured housing options have transformed the way people view mobile homes, some areas are still biased against them. However, over the years, the scenario has improved a lot, and more regions are accepting manufactured housing solution.
- Long-Term House Value
In some regions, the assessed value of manufactured housing is less than stick-built houses. To some extent, it is a blessing as well, because the tax bill comes comparatively lesser.
What is a Stick Built Home?
Stick-built refers to a conventional way of building a home. It encompasses a wooden-framed structure that has been assembled piece by piece.
The name is derived because the workers first build a home skeleton on the site using various sizes of lumber. A benefit of this type of home is that you can customize it according to your needs, which is something that manufactured homes lack.
Pros and Cons of Stick Built Home
Following are the benefits of a stick-built home
- Higher Appreciation Value
When compared to manufactured housing, stick-built houses have higher appreciation value. Therefore, they are easier to sell for a profit in the future.
- More Variety
Stick-built homes are considered more visually appealing as they are built to suit particular needs. These homes are likely to have unique features that you would not find in manufacture houses. Therefore, these houses feel more special to potential buyers as opposed to manufactured homes.
- Quicker Move-In
Considering that stick-built homes are already constructed, you can speed up the buying process. Additionally, you have a more reliable timeline for your financing, purchasing and moving in.
Below are some disadvantages of stick-built houses
- Costly Options
Stick-built homes are expensive than manufactured homes. Therefore, if you have a limited budget, then you might have to settle for a smaller option than you would desire.
- Conventional Financing Options
When buying a stick-built house, you only have limited financing option available. This can be challenging for buyers who are looking for an affordable option.
There you have it, a brief differentiation between manufactured homes and stick-built homes. They both have their pros and cons, and eventually, it depends on your preferences and budget that you are willing to put in.