Manufactured Homes Hit Seven-Digit Milestone, in California, meaning for under $200k on the Texas coast.
Manufactured homes often sell for more than $1 million in the California coastal community of Paradise Cove, with one selling for $2.55 million earlier this year and another going on the market last month for $3.75 million. See slides-show at wsj.com/articles/rethinking-the-double-wide
Putting It All Together Making the Move to Modular Manufactured Home Industry Faces Hurdles The homes feature hardwood floors, high-end appliances, granite counter-tops, and other upscale features, but the prices also have a lot to do with the community’s location on a bluff overlooking the Pacific Ocean.
Wealthier buyers now are entering the market for factory-built homes, mainly as retirees look to downsize and soaring home prices in particular markets make manufactured housing a more affordable option.
Design trends have tracked those in conventional site-built homes and these are built better, many are hurricane resistant and more energy efficient.
Look for them to take off on the Texas coast soon.