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Manufactured housing construction is on the increase in the U.S. Over 18 million Americans own manufactured homes, 12% of which are in California. From the 380,000 spaces in mobile home communities to the endless amounts of land available for a new manufactured home there is no doubt you will find a place to call “home”.
Obviously, market conditions play a big role in home values, however, manufactured homes typically hold their values the same way traditionally-constructed homes do. This means that when home values increase in a specific area, they increase for manufactured homes as well. Because modern manufactured homes are constructed using on the highest quality of building materials, have great curb apeal, and last as long as site-built single family homes, equates to manufactured homes holding their value just like any other home.
On average, it takes eight long months for a contractor to complete the construction of a site-built single-family home. This compares to manufactured homes built in less than two months on average. The less time it takes to build your home, the less it will cost you because time equals money when it comes to building a home.
Manufactured Homes are constructed to comply with the National Manufactured Home Construction and Safety Standards (24 CFR 3280) a uniform building standard administered by and enforced by the US Department of Housing Urban Development (HUD). In 2016, 95% of factory built homes were manufactured homes.
The Hud Label certifies that the home has been factory built, tested and inspected to comply with stringent uniform federal standards.
Factory-built homes often called modular homes, are constructed to comply with the California Uniform Building Code, which is incorporated into law at Title 25, Chapter 3 of the California Administrative Code. In 2016, 5% of factory built home were built to the Modular uniform building code.
California Uniform Building Code, which is incorporated into law at Title 25, Chapter 3 of the California Administrative Code. In 2016, 5% of factory built home were built to the Modular uniform building code.
