Manufactured Homes VS. Modular Homes
What Are Site Built Homes?
• They are constructed entirely at the building site.
• They conform to all state, local or regional codes where the house is located.
• Often called ‘stick-built’ houses.
• A well-built, cared for site-built home generally increases in value over time, although its location plays a key role in value.
What Are Modular Homes?
• Modular homes are built in sections at a factory.
• Modular homes are built to conform to all state, local or regional building codes at their destinations.
• Sections are transported to the building site on truck beds, and then joined together by local contractors.
• Local building inspectors check to make sure a modular home’s structure meets requirements and that all finish work is done properly.
• Modular homes are sometimes less expensive per square foot than site built houses.
• A well-built modular home should have the same longevity as its site-built counterpart, increasing in value over time.
What Are Manufactured Homes?
• Formerly referred to as mobile homes or trailers, but with many more style options than in the past.
• Manufactured houses are built in a factory.
• They conform to a Federal building code, called the HUD code, rather than to building codes at their destinations.
• Manufactured homes are built on a non-removable steel chassis.
• Sections are transported to the building site on their own wheels.
• Multi-part manufactured units are joined at their destination.
• Segments are not always placed on a permanent foundation, making them more difficult to re-finance.
• Building inspectors check the work done locally (electric hook up, etc.) but are not required to approve the structure.
• Manufactured housing is generally less expensive than site built and modular homes.
• Manufactured homes sometimes decrease in value over time.
More info found at: http://homebuying.about.com/cs/modulareducation/a/modularhomes.htm