Affordable housing is a hot topic today, owing to the housing shortage in the USA. It costs between $135,991 and $523,457 to build a new home in 2023, according to HomeAdvisor. This figure will rise as the demand for new homes grows. With this, many people are now turning to cheap manufactured homes.
An important alternative to custom-built homes is a factory or prefabricated dwelling unit. Manufactured housing offers a reprieve to first-time homeowners seeking affordable and sustainable homes. These homes can provide high-quality designs at a lower cost per square foot.
Additionally, by working closely with the manufacturer, you can customize your manufactured or modular home to you and your family’s needs.
Here is what you need to know about owning a cheap manufactured home.
Where Can I Buy Cheap Manufactured Homes?
There are several places where you can score good deals on factory-built homes.
- Manufacturers and Dealers
Many manufacturers and dealers offer a range of prefab and manufactured homes at various prices. You can often find affordable options by contacting these companies or visiting their showrooms.
- Online Marketplaces
Websites like eBay, Craigslist, and Facebook Marketplace often have listings for new and used prefab and manufactured homes. You can find good deals when buying from sellers or dealers on these platforms.
- Auctions and Liquidation Sales
You may find discounted prefab or manufactured homes at auctions and liquidation sales. Such sales occur for various reasons, including surplus inventory or repossessions.
- Local Classifieds and Newspapers
Check local classified ads or newspapers for listings of prefab or manufactured homes for sale. Sometimes, homeowners advertise in these publications, offering competitive prices.
- Factory Direct Sales
Some manufacturers offer factory-direct sales, lowering prices by cutting the middleman. Research manufacturers in your area and inquire about their pricing and sales options.
- Government Programs
Government programs or nonprofits may offer assistance or subsidies for purchasing affordable housing, including prefabs. Check with your local housing authority or community development organizations for potential resources.
- Mobile Home Parks
Some mobile home parks may offer inexpensive options for used manufactured homes. Inquire about any fees or restrictions associated with living in the park before buying.
Which are the Cheapest Types of Manufactured Homes?
If you are in the market for cheap manufactured dwelling units, consider the following types:
Micro Homes
These are ultra-compact homes, ranging from 100 to 400 square feet. They are designed to maximize space efficiency and are affordable.
Tiny Houses
Tiny houses are small dwellings, typically under 500 square feet. They are factory-built and offer a minimalist lifestyle at an affordable price.
Park Model RVs
Park model RVs are larger than traditional RVs but smaller than typical manufactured homes. They are designed for temporary or seasonal living and can be an affordable housing option.
Prefab Modular Homes
Prefabricated modular homes are built in sections in a factory and then transported and assembled on-site. Some manufacturers offer more affordable models with basic finishes and features.
Manufactured Homes (Single-Wide)
Single-wide manufactured homes are typically the most affordable type of manufactured housing. They are narrower and easier to transport than double-wide or triple-wide homes.
Shipping Container Homes
Shipping container home manufacturers repurpose shipping containers into a low-cost housing option.
Kit Homes
Kit homes are pre-designed and pre-cut homes that are assembled on-site. They come with all the necessary materials and instructions for construction, making them a cost-effective housing option.
Panelized Homes
Panelized homes are constructed from pre-built wall panels and other components manufactured in a factory. They can be cheaper than traditional stick-built homes because of the reduced labor and construction time.
When considering affordability, it’s essential to factor in other expenses such as maintenance, utilities, and land costs. Additionally, local building codes, zoning regulations, and permitting requirements may affect the overall cost of different factory-made dwelling units.
(We have another complete guide on all types of manufactured homes here.)
How Much Does the Cheapest Manufactured Home Cost?
The cheapest type of manufactured home can vary depending on several factors, including type, size, features, and customization. Single-wide manufactured homes are some of the most affordable and viable options available.
A basic single-wide manufactured home can range from $50,000 to $90,000. You can consider other options, including tiny houses and kit homes. However, do not assume that a certain type of home, such as a tiny home, costs less than a single-wide. The features and fixtures within the home determine its final price. Look at each case independently when searching for cheap housing.
| Home Type | Low-End Cost | High-End Cost |
| Single Wide | $50,000 | $90,000 |
| Tiny House | $30,000 | $60,000 |
| Micro Homes | $30,000 | $50,000 |
| Kit Home | $60,000 | $100,000 |
| Park Model RV | $50,000 | $90,000 |
Is it Advisable to Buy Cheap Manufactured Homes?
Cheap manufactured homes are a viable option, especially for first-time homeowners on a budget. Despite offering basic dwelling standards and amenities, they are structurally sound and safe. If you can do without the luxury of huge spaces and expensive finishes, cheap manufactured dwelling units are for you.
For more reasons to buy, let’s look at the pros of owning a cheap manufactured home.
What Are the Pros and Cons of Buying Cheap Manufactured Homes?
Cheap modular or manufactured homes offer affordability, but they also come with their own set of pros and cons:
Pros
- Affordability. Cheap manufactured homes are typically more affordable upfront than any other type of home. They make homeownership more accessible to those on a tight budget.
- Quick Construction. Factory construction significantly reduces construction time compared to traditional on-site buildings.
- Customization Options. Despite being cheaper, many home manufacturers offer a range of customization options, allowing you to personalize your home to some extent.
- Quality Control. Homes built in a factory undergo rigorous quality control processes, potentially resulting in quality builds.
- Energy Efficiency. Modern factory-built homes are designed to be energy-efficient, with features such as high-quality insulation, energy-efficient appliances, and HVAC systems.
Cons
- Resale value. Generally, factory-made homes depreciate fast, especially older and cheaper models. This can affect your ability to sell in the future.
- Limited financing options. Manufactured home financing is limited and attracts higher interest rates than traditional home loans. This is especially true for older or cheaper homes.
- Land costs. If you don’t own land, you’ll need to factor in the cost of purchasing or renting land to place your home. Land costs can vary widely depending on location.
- Stigma. The stigma associated with cheap manufactured homes may affect resale value and perception in some communities.
- Limited customization. The customization level is limited compared to traditional stick-built homes. Some cheaper models may offer fewer options for upgrades and personalization.
- Maintenance and repairs. Cheaper manufactured home models may require frequent maintenance and repairs due to the quality of fixtures and finishes. This can add to the overall cost of homeownership.
What Do Cheap Fabricated Homes Come With?
Cheap manufactured homes typically come with basic features and amenities. Here’s what you can expect:
- Basic Floor Plan
Cheap manufactured homes often come with a simple floor plan that includes a living area, kitchen, one or two bedrooms, and one or two bathrooms. The amenities are usually smaller compared to more expensive models.
- Standard Fixtures and Finishes
The fixtures and finishes are usually basic and may include laminate countertops, vinyl flooring, and standard cabinetry. While these materials are functional, they may not be as durable or stylish as those in more expensive models.
- Appliances
Your home may have basic appliances such as a stove/oven, a refrigerator, and a dishwasher. However, they will be of lower quality than those found in expensive manufactured home models.
- Heating and Cooling
Most cheap manufactured homes come with a standard heating and cooling system, such as a central HVAC unit or wall-mounted heaters.
- Basic Exterior
The exterior of cheap manufactured homes typically features basic siding materials such as vinyl or metal. They may have a simple porch or entryway, but landscaping and additional exterior features are usually minimal.
- Warranty
Many manufacturers offer a limited warranty on cheap manufactured homes, covering defects in materials and workmanship. The length and coverage of the warranty may be shorter or more limited compared to higher-priced homes.
Cheap manufactured homes provide a basic and affordable housing option without some of the amenities and features of more expensive models. You can find a home that fits your needs and budget if you look in the right places. Remember to weigh several options before signing that agreement.
(Return to TinyRoam Home)
