Owning both a manufactured home and the land that you place it on can be a smart investment for many homeowners.
Benefits of a Manufactured Home with Land
There are several pros to buying land for your home. Here are a few reasons you may want to purchase and own the property your manufactured home will be placed on.
Privacy – Owning the land your home is on can give you more privacy. You can also maximize the privacy your property offers you by strategically placing your home on a more secluded part of the land or further away from the road and other houses providing such placement is permitted by applicable zoning laws and homeowner association requirements.
More freedom – Having a home of your own lets you take back your freedom, but owning the land your home is on instead of renting provides you with even more freedom! You will be able to utilize the property as you want. You will have the freedom to landscape to fit your style and also add a garden.
Expansion – When you own the land your home is on, you have the opportunity to use the area as you want so long as you are following neighborhood guidelines and local laws. You may be able to add things to your property, such as a shed, a garage, a greenhouse, and more.
Builds value – Owning the land your home is on will also help your manufactured home appreciate, and gain value over time, especially when your manufactured home is permanently affixed to the land.