Top 10 Ways How Manufactured Home Ownership Defines the “Good Life”
“If you feel rooted in your home and family, if you’re active in your community, there’s nothing more empowering.” Julia Louis -Dreyfus
All consumer studies and surveys indicate that Americans who are renting overwhelmingly still hold on to the belief that someday, somehow, someway their dream of homeownership will eventually be realized.
It has also been well chronicled that homeownership is the main component of the “good life.” This has been confirmed by a study by the National Association of Realtors that 87 percent of those polled cited homeownership as being the number one criterion for defining that “good life.”
For many it would seem that the American dream is becoming a “pipe dream” with realization seemingly curtailed by the lack of housing affordability in the traditional sense – site built homes-. It doesn’t have to be that way.
There is good news. The dream of affordable home ownership is actually being realized by thousands of new home shoppers every month choosing a new modern manufactured home as their choice of quality value-oriented affordable housing that matches or exceeds the criteria associated with the dream of homeownership, while remaining both affordable and easily attained.
Today’s new manufactured home is “everything a home should be,” checking the following top 10 boxes of personal reasons that owners and renters alike consider the attributes of manufactured homeownership that would define the “good life.”
(1) Dislike paying rent – Manufactured home ownership means no longer subject to the whims of a landlord.often with a monthly payment equal to the cost to rent.
(2) Capital investment up to 50% less than that of the cost of a site built home without sacrificing quality features or appearance.
(3) Ability to have home custom built with features to match their individual tastes and needs.
(4) Control of your own environment – Owning a new modern manufactured home gives you the freedom to control how you enjoy life and the benefits inherent in controlling your family’s destiny.
(5) Emotional and financial security. Owning a home gives the homeowner a sense of satisfaction that you have invested wisely in the very essence of the American dream.
(6) Enhances family stability – Owning a home contributes to a stable safe environment to live and raise a family and/or a sense of security for an aging resident.
(7) Independence and pride of ownership – Homeownership is integral to the American dream. Owning a manufactured home gives people a sense of initiative, self esteem and pride, whether sited in a manufactured home land-lease community or upon private property.
(8) Return on investment – When properly maintained, manufactured homes will appreciate (or depreciate) in value similar to any other form of housing in the surrounding area, and will not have a negative impact on the values of any of those homes.
(9) Minimal home maintenance – Every manufactured home produced since implementation of the HUD Code in 1976 is constructed with materials of the highest quality in order to reduce the need for replacement and repairs.The HUD Code requires each home and installation to be warranted for one year and ten days against defects in structure and materials.
(10) Fire and storm safety equal or superior to site-built homes – National fire studies by the Foremost Insurance Company and by the national Fire Protection Association found that a site-built home is more than twice as likely to experience the occasion of fire than a manufactured home – A study by the University of Florida found that not one manufactured home built after HUD Code changes in 1994 was destroyed or seriously damaged by four hurricanes that struck Florida in 2004.
