MANUFACTURED HOMES • October 6, 2016

Manufactured Homes Are Changing the Way You Think About Affordable Housing

Manufactured Homes Are Changing the Way You Think About Affordable Housing Image
When you think about celebrity homes, what comes to mind? Probably a $10 million mansion with several pools, a movie theater, a sport court, and a huge kitchen, all set on many acres of property. The sheer size of most of these homes certainly catches the eye, but it’s not like anyone could actually afford to buy something like that.
 
However, when the rich and famous decide that they’d like to buy a manufactured home, people sit up and take notice.
 
For instance, iconic fashion designer Betsey Johnson recently made headlines when she decided to downsize from her 2,900 sq. ft. East Hampton pad and move into a Malibu manufactured home community. She’s not the only one—other residents in the community include Matthew McConaughey and Pamela Anderson. It boasts ocean views and secluded lots, and some homes are even decorated by big-name designers.
 
Stylish Manufactured Homes Communities Draw Residents
 
Here are just a few reasons why a growing number of people want to escape their bigger digs and move into a smaller, compact space that’s just as fabulous.
 
  • Prime Locations. Many manufactured home communities are near desirable areas, such as state and national parks, breathtaking mountain ranges, beautiful beaches, and popular cities that are best known for pricey housing. A manufactured home with in a sought-after location can put you close to your favorite places and can also be conveniently near where you work.   
  • An Affordable Housing Choice. Families, single parents, couples, or those who are enjoying retirement may be looking for a housing option that is much more affordable than what many cities are offering. With housing prices appreciating over the last three years at an average of 17% in many cities (and as high as 50% in places like San Francisco), manufactured homes are one of the few housing bargains available. 
  • Manufactured Home Features. These homes often include three bedrooms and may be as much as 1,500 sq. ft. large. With plenty of kitchen space, plus a master bedroom and master bath, they have just as many features as site-built homes. Some have hardwood floors, tile, cathedral ceilings, picture windows, laundry/mud rooms, and additional options. 
If you’re considering a change in your housing or your location, UMH invites you to tour a model home at a nearby manufactured home community to see the amenities included. UMH Properties owns 98 manufactured home communities throughout seven states in the United States. Call or contact us to learn more.