How Manufactured Housing Enables the American Dream in the New Year
Sustainability
The beginning of a new year marks a time for reflection on ways to better ourselves and bring more positivity to the world. Is committing to being more environmentally conscious on your list.? If so, your housing is a great place to start. Manufactured housing is one of the more sustainable ways to live and continues to see sustainable advancements each year.
Because they are built in a more controlled environment than site-built homes, manufactured homes require less material and create less waste in the building process. The compact design coupled with HUD’s building code for energy efficiency, gives manufactured homes a leg up in sustainability efforts.
Manufactured housing is a solution to today’s affordable housing challenge. With increased production efficiency resulting in lower costs, off-site built housing creates accessible home options for Americans.
Manufactured housing has a vital role in enabling homeownership
Manufactured housing is the only type of housing that Congress recognized as having a vital role in meeting America’s housing needs as a significant source for affordable homeownership accessible to all Americans. Today’s manufactured homes offer quality construction, customizable floor plans and amenities comparable to site-built homes.
Manufactured housing provides unsubsidized affordable housing
Manufactured housing is the largest form of unsubsidized affordable housing in the U.S. and the only type of housing built to federal construction and safety standards (the HUD code).
Manufactured homes are safe and secure
Manufactured homes must be built to the HUD code, a single uniform regulatory framework for home design and construction, including standards for health, safety, energy efficiency, and durability. This single code has enabled manufacturers to ship homes easily across interstate lines and achieve economies of scale that have brought high quality affordable homes to millions of families.
Manufactured Homes: The Attainable Choice
One difference between manufactured homes and other types of homes is the cost. New manufactured homes cost less than ⅓ of the price of site-built homes.
Site-Built Homes
Average cost of a site-built home: $409,872
Average cost per square foot of a site–built home: $166
Manufactured Home
Average cost of a manufactured home: $124,300
Average cost of a single-section manufactured home: $84,800
Average Cost of a multi-section manufactured home: $154,100
Average cost per square foot of a manufactured home:$87
Source: MHI