Wednesday, January 28, 2009

Manufactured Homes, an Affordable Housing Alternative - Common Questions and Answers:

Find answers to commonly asked questions and learn about the different types of factory built homes, the manufacturers who produce them, the dealers and builders who sell them, how to evaluate their offerings, and how to pay for your new home.


How affordable are manufactured homes compared to site-built homes? 

Compared to site-built (traditional stick-frame) homes, manufactured homes are about half the cost per square foot. In 1998 the average sales price of a manufactured home in the U.S. was $52,300. The average cost per square foot was $30.21. By comparison the average cost of a single-family site-built home was $136,425 excluding land costs and the cost per square foot (excluding land) was $62.29. 

The efficiencies of building homes in factories rather than on-site allow manufactured homes to match or beat the quality of site-built homes for a fraction of the cost. 

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