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Average price range: $10,000-$50,000. Key features: Typical sizes: Single wide (between 500 to 1,200 square feet) or double wide (between 1,000 to 2,000 square feet). Best for: Someone purchasing ...
Owner financing is an arrangement in which an owner or seller, rather than a bank or mortgage lender, extends financing to a buyer. This can be a viable option for buyers who don’t qualify for a ...
According to HomeAdvisor, the cost to build a 1,800-square-foot modular home averages $270,000. Manufactured homes (once referred to as mobile homes, because the finished product can be moved) are ...
"Prefabricated" may refer to buildings built in components (e.g. panels), modules (modular homes) or transportable sections (manufactured homes), and may also be used to refer to mobile homes, i.e., houses on wheels. Although similar, the methods and design of the three vary widely.
The MHINCC distinguishes among several types of factory-built housing: manufactured homes, modular homes, panelized homes, pre-cut homes, and mobile homes. From the same source, mobile home "is the term used for manufactured homes produced prior to June 15, 1976, when the HUD Code went into effect."
Manufactured house: a prefabricated house that is assembled on the permanent site on which it will sit. Modular home: a prefabricated house that consists of repeated sections called modules. Lustron house: a type of prefabricated house; Stilt houses or Pile dwellings: houses raised on stilts over the surface of the soil or a body of water.