Quote:
Originally Posted by OldManTime
SO many differences, where do I start.
(1) Higher Insurance cost
(2) Yearly Registration (Like a car)
(3) If it is older, poor insulation, plumbing, windows, rot in floors.
(4) Lower Market value compared to the same site built.
I could go on, but do your self a favor, you are better off in the long run to buy a site built.
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While most of these points have no basis in fact, I would agree with you that a site built home is better. It's a matter of how much money you want to spend and what you will get for it.
For example, my lot is about 6,000 sq feet where a courtyard or patio villa lot is about half that and I don't have to walk through my neighbors driveway to get to my backyard. One person living in a a manufactured home loves the golf course view. That view would cost them much more with a site built home.
I could take money out of my retirement funds and by a site built home on the other side, but that money is generating income for me. It is my choice to leave that money doing it's good work and spend a little less on a home which is comfortable and plenty big for two people.
I know people who live down here that have enormous houses and they spend a lot of time cleaning them. Some of them are house poor.
Again, while I agree that site built is definitely superior to manufactured, it is about making a choice and having a balance.