When you are ready to look for your next home, the cost will be the biggest factor you take into consideration. If it has taken you several years to save up, getting the most home for your dollar is important. You will need to have a down payment, closing costs, and loan origination fees to buy any kind of a home. The advantage of buying a mobile, or manufactured home is that you can get a lot more bang for your buck over buying a traditional, stick built home. Should you buy new or pre-owned? Let’s take a look at what you can expect to spend on a mobile home for sale.
A brand-new off the dealer lot mobile home is going to cost you a good deal more than a pre-owned home, much the same way that a brand-new car will cost you more than a used car with the depreciation already taken off. For instance, factory-new a basic single wide mobile home for sale by the dealer, will probably cost you around 50,000 dollars. You can add five or six thousand to that cost by buying one with premium features or upgraded carpet, flooring, or cabinets. For a new double wide model, you can pay anywhere from 75,000 to 110,000, again depending on the finishes and features you want to upgrade.
If cost is a major factor for you, you may wish to consider buying a pre-owned, or used mobile home for sale by owner. The single wide that would have cost you 35,000 new from a dealer may be available for as little as $15,000 if purchased from its owner. At this price, the mobile home is likely to need paint and repairs on the walls, and new carpeting and flooring throughout. It may also need upgraded windows, doors, and other fixtures. You should figure in a few thousand dollars to make these repairs. You can easily find used single wide mobile homes, in the $20,000 to $25,000 range that are still in very good shape and may need a little more than a good cleaning and a fresh coat of paint to bring them up to your standards.
A used double wide mobile home for sale by owner can run anywhere between 35,000 to 75,000, depending on condition and features. If you are looking for a home with four bedrooms and two bathrooms and possibly with larger living areas, a double wide is the way to go, as you will spend literally less than half what it would cost you for a traditional home of the same size. You will also need to figure in the cost of moving the home into a mobile home park. This can cost 6,000 to 10,000 depending on the size of the home, and includes connecting to utilities. Over all a used mobile Homes For Sale in Albemarle County VA by owner will give you the most value for your dollar.