Manufactured Homes Could Mean a New Trend in The Housing Market
Build a beautiful Cape Cod style home almost anywhere for a fraction of the cost of building on site.
We’ve seen the most unlikely trends in housing over the past few years. Small families are leaving the suburbs and drastically downsizing into tiny homes. Industrial chic rose in popularity with the low costs of shipping containers for homeowners with a strong DIY bone. You have minimalists with bare walls and maximalists with loud wallpaper in every room.
Manufactured Homes Could Mean a New Trend in The Housing Market
Existing homes are more than double the price they were four years ago. The interest rates have followed a similar pattern. Yet, wages in America have not budged to allot for homeownership. Consumers must, once again, think outside the box.
In a Harvard Study released July 2023, manufactured homes mean you can now afford luxury without a crippling mortgage payment. “The high cost of homes relative to incomes has recently become an even more significant barrier in the wake of sharp price increases in markets across the country,” the study reports.
Stylish Manufactured Homes Break the Cost Barrier of Luxury Homeownership
CrossModulars marry affordability and curbside appeal to the average working American. Two-story models in their highest price range still cost 35% less and can be built in less time, which cuts back on expensive labor costs associated with site-built homes.
Modular homes are no longer limited to single-wide and double-wide styles. Styles today are indistinguishable from traditional single-family homes with garages, porches, and more. Build a custom Cape Cod, T-Ranch, Cape Chalet, and even two-story homes for nearly half the price.
The Harvard Study sites, “Given the potentially strong demand for homeownership and the limited supply of new conventionally built homes that are affordable for low- and moderate-income households, manufactured housing has the potential to expand opportunities for affordable homeownership.”
Manufactured Homes with Great Curb Appeal
Energy Efficient and Safer Than Ever
For 80 years, Black’s Homes Sales has been the standard for providing safe, energy efficient, and affordable homes. Adapting to technological advances in both manufacturing and design, Black’s Homes Sales offers ENERGY STAR® qualified options. This means more insulation, high-performance windows, tight construction and ducts, and energy efficient heating and cooling. Not only are your building costs reasonable, but your monthly utilities can also be affordable. Clayton’s new eBuilt™ homes for example, can cut your annual home energy costs 40-50%.
Custom Modular Homes are also an investment in your overall wealth. “While there were concerns about the quality of these homes in the first decades of their production, research since the 1990s has consistently found that the quality of these homes can be equivalent to that of site-built homes if properly maintained. Importantly, manufactured homes sited on land owned by the homeowner have also been found to appreciate at rates similar to those of site-built homes, although with slightly heightened variability over time,” concludes the Harvard Study.
Learn More about Manufactured and Modular Homes
Contact Black’s Homes Sales today and discover your custom luxury home. Explore many styles with efficiency incorporated at every step. Black’s Home Sales is dedicated to making home ownership a stress-free reality for you.