BUSINESS

What are kit homes?

A kit home is essentially a “some assembly required” type of housing option. Pieces of the home will arrive at your property essentially in a kit and must be assembled on site either by the homeowner or a contractor. In comparison, a manufactured home will typically arrive already completed.

If you need a mobile home movers company check for the experts.

How much does a manufactured home cost?

According to a US Census Bureau survey, average selling prices for a manufactured home were approximately $90,000. In the Pacific states this type of home is most popular, with the average regional selling price costing around $115,000.

Just like with traditional housing, there are many factors which can affect the cost of a manufactured home. Along with the unit price, the items referenced below can also affect the home’s overall cost.

Square footage

The size of your home will also play a large role in determining the home’s value. Cost per square foot on a manufactured home can range anywhere from $40-$80, clearly lower than that of a traditionally built home.

Purchasing land

With manufactured homes, there are two options available: you can lease a spot in a mobile home community, or you can purchase a piece of property in which you can install your home. The cost of land will vary depending on the state, but as a rule, rural land tends to be the most affordable compared to a more urban or suburban area. You can also obtain a land loan if the need arises to help you purchase the land required for your home installation.

Foundation

If the land you’re placing your home on is owned by you, it may be worthwhile to invest in a permanent foundation compared to a temporary one. This could include a basement, a crawlspace or any other additions. The most expensive type of option is the slab foundation.

Taxes

The cost of your taxes will depend on what state you live in. Most states will regard a manufactured home as property and not charge a property tax, whereas other states like Florida will charge a licensing tax that’s very much similar to owning a vehicle.

Delivery and installation

The delivery and assembly fees will depend roughly on the manufacturer from where you buy the home from. Some builders might offer free delivery if the delivery location is within a certain radius of the facility, otherwise additional fees may apply. Alternatively, you may be tasked with hiring mobile home movers that have the necessary experience required with oversize load shipping of this caliber to help transport your new home to its destination.

Utilities

Just like any other type of home, configuring your utilities like water, plumbing, heat, electricity, or cable can add additional costs to the overall pricing of your home.