Buying a home is one of the biggest financial decisions you can make, and definitely requires serious thought. For the few who are not limited by any budget constraints, a traditional home is easily the hands down choice. But for majority who are on the other side of the coin, there are other more feasible options. One of those is buying a mobile home.
A mobile home (also referred to as a manufactured home) is a home that is built in a factory on a chassis, and then transported to the location where the owner will be residing. To determine if owning a mobile home can be a viable option for you, check out its advantages and advantages.
Perks of a Mobile Home
Price – Compared to traditional homes, the main advantage of purchasing a mobile home is its affordability. It is less considerably expensive because it is smaller, construction time is faster (usually less than 3 months), and materials used are less durable. It is a good option for those who are on a budget, as well as for those who are still saving up so they can eventually move to a traditional home.
Earth-Friendly – A mobile home is referred to as a greener option because it uses less gas, less water and less electricity.
Low Maintenance – Because of its small size and simple design, keeping a mobile home in tiptop condition is hardly as much work compared to maintaining a traditional home with its large space and multiple rooms including an attic, a garage, and possibly a basement as well.
Portability – A big perk of a mobile home is the fact that it is mobile. If you move across town, across the state, or across the country, you can take it with you.
The Downsides of a Mobile Home
Value – Mobile homes are not considered as real property, and tend to depreciate over time. Similar with an automobile which drops in value as soon as you drive it from the lot, a mobile home likewise diminishes in value as soon as you step inside it. Accordingly, a mobile home often has a lower resale value.
Financing – Because of its tendency to depreciate in value, acquiring financing to purchase a mobile home is a bit more difficult. This is especially true for those with poor or no credit.
Size – A mobile home has very limited space and is generally smaller compared to traditional homes. Because of this, it is often only suitable for single individuals, couples, or small families (not more than 1 or 2 children). If your family gets any bigger, you might have to think of leaving your mobile home and transfer to a bigger place — even if it means that you’ll be renting instead of living in your own home.
Location – If you do not own property for your mobile home to be installed, you have to rent a lot in a mobile home park (or a mobile home community). You have to choose the best one where you’ll be comfortable being a part of since you generally can’t just drop your mobile home anywhere.
Safety – Because mobile homes are made of less durable materials and are not attached to permanent foundations, mobile homes are usually incapable of withstanding extreme weather elements like tornadoes, hurricanes, and strong high winds. The result is that you are less protected and more prone to harm and danger during such occurrences.
Privacy – A mobile home does not have sound insulation which means outside noise can be quite bothersome if you are more of the peace and quiet type. In the same way, the sounds you make inside can easily be heard on the outside too.
Big Sky Homes has a Wide Selection of Mobile Homes
If you’re on a tight budget, we have homes that have been previously enjoyed. If your budget is a little more flexible, we have homes that are brand new. You can even have a home that is personalized to your style and choices.
With multiple models on our lot, we know that we can get you into a home that you love. We have a ton of homes for sale, come by and see.
Big Sky Homes is located at 750 Parkway Lane in Billings. See the map below.