Why are mobile homes so cheap?

@ronaldo_von 

There are a few reasons why mobile homes are typically cheaper than traditional stick-built homes.

1. Lower construction costs: Mobile homes are built in a factory setting, which can help reduce construction costs compared to building a home on-site. This can lead to lower overall prices for mobile homes.
2. Lower land costs: Mobile homes are often placed on leased land in manufactured home communities or parks, which can be more affordable than purchasing a lot or land to build a traditional home on. This can also contribute to the lower cost of mobile homes.
3. Depreciation: Mobile homes tend to depreciate in value over time, unlike traditional stick-built homes which typically appreciate in value. This can also contribute to the lower prices of mobile homes.
4. Limited financing options: Since mobile homes are considered personal property rather than real estate, financing options may be more limited and less favorable for buyers, which can result in lower prices for mobile homes.

@ronaldo_von 

Additionally, mobile homes may be cheaper due to their perceived lower quality and durability compared to traditional homes. Mobile homes are often constructed with lighter materials and may not be built to the same standards as stick-built homes, leading to lower costs. However, it is important to note that newer manufactured homes are now being built with higher quality materials and construction techniques, which can increase their price but also improve their longevity and value.