How much does a manufactured home cost in Arkansas?

The average cost of a manufactured home in Little Rock, Arkansas is $70,500*, with an average monthly payment (including land and site prep costs) of $632 – $1,264**. Whereas, in 2018, the average cost of a site-built home in Little Rock, Arkansas was $236,911.11, according to the Census Bureau.

What is the difference between a mobile home and a modular?

Both mobile homes and manufactured homes are prefabricated structures, built in a factory on a permanently attached chassis before being transported to site. A modular home, on the other hand, is built to the same local, county, and state building codes as a site-built home.

How much does a modular home cost in Arkansas?

With just under 3 million people living in the wonderful state of Arkansas, the average sales price of a home in Arkansas is $180,000. In comparison, the average starting price range for the construction of a modular or manufactured home is $45 to $65 per square foot.

Who makes the most affordable modular homes?

The 7 Most Affordable & Sustainable Prefab Homes

• Big Box by Bert and May.
• H03 by Honomobo.
• KODA Loft by Kodasema.
• Xyla by Unity Homes.
• Tradd by Unity Homes.
• Nano by Unity Homes.
• Ridgeline by Deltec.

What are the disadvantages of a manufactured home?

Cons:

• Availability and cost of suitable land.
• Extra costs imposed by manufactured home community.
• Fewer choices and higher costs of financing.
• Fewer personalization options and amenities.
• Lingering stigma of mobile homes.
• Questionable long-term value;slower, if any, appreciation.

Which is better a modular or manufactured home?

From the home buyer’s perspective, perhaps the most important difference between modular and manufactured homes is that while modular homes have the potential to maintain or even increase in value over time because they tend to follow local real estate market trends, manufactured homes are much more likely to lose …