There has been a lot of discussion lately on what the difference is between a modular home and a manufactured home. Since this has came up multiple times not only in my office but, even with my clients, I felt that it would be a good idea to talk about it.
Here are some of the main differences between modular and manufactured homes:
|- Built in a factory||- Built in sections at the factory|
|- Conform to federal building code (HUD)||- Built to conform to all state, local or regional building codes at their destinations|
|- Built on a NON-REMOVABLE steel chassis||Sections are transported to the building site on truck beds, then joined together by local contractors|
|- Sections transported to the building site on their own wheels||- Local building inspectors check to make sure a modular home meets requirements and that all finish work is done properly|
|- Multi-part units are joined at the destination||- Sometime less expensive per square foot than site built homes|
|- Segments are not always placed on a permanent foundation making them more difficult to refinance||- A well-built modular home should have the longevity as its site built counterpart, increasing in value over time.|
|- Building inspectors check the work done locally but not required to approve the structure|
|- Generally less expensive than site built & modular homes|
|- Sometimes decrease in value over time|
I hope this bit of information can help everyone involved in the home buying or selling process. I also hope this will help a lot of people out there who are unsure of what they are looking at. I feel it is my duty to keep everyone educated and to make the home buying or selling process smooth and easy.