If you are weighing buying a mobile home versus buying a resale site-built home or condominium in the Las Vegas area, there are some big benefits of owning a Nevada mobile home to consider. You’ll find great options when researching Las Vegas mobile homes for sale. Here are some things to keep in mind before you discount the idea of a mobile home.
Costs of Buying and Ongoing Living Costs in a Mobile Home
The costs of buying a mobile home are significantly less than a site-built home. Not only are the purchase costs lower but the maintenance costs are also lower, too. When you invest in a mobile home, you’ll have more money leftover for living expenses as well as savings. This is an attractive proposition to many at various stages of their life.
If you are just starting out, a mobile home can be a great option for a starter home, enabling you to get into your own home sooner. In fact, there’s often a much lower down payment and monthly mortgage costs that are lower than rent.
Today’s mobile homes are energy-efficient, too, and much more cost effective to heat and cool than a larger home. If you are looking to save on utility costs, mobile homes work in your favor.
If you are an empty nester who is looking to downsize, a Las Vegas mobile home for sale can give you the ability to slash your living expenses. Whether you want more money for travel and leisure, are concerned about living on a fixed income, or simply need less space, this is an increasingly popular option for those in retirement years.
The sense of community in a mobile home neighborhood is quite appealing. Whether you’re a small family with young children who want to live near like-minded individuals or are looking at options for an adult lifestyle community for those 55+ in age, many mobile home communities appeal to people because of the sense of closeness, the close-knit nature of living in a community. Our Las Vegas mobile home community also offers great amenities, such as a swimming pool, recreation center with organized activities, and more!
Financing: Mobile Homes vs Site-Built Homes
There are often more financing options available to those looking to buy a mobile home. Instead of being at the mercy of the banks who may or may not have rigid lending guidelines, financing options tend to be more available and more flexible for those looking at mobile homes. If you have bruised credit or a smaller down payment, you could have more options with a mobile home versus a site-built house or condo.
This could mean the difference between renting and owning, such as having the ability to get into your own home with a smaller down payment.
Luxury: No Compromise Required
When researching the benefits of mobile home living, you might think that luxury is a drawback. Not so. Today’s mobile homes have great finishing touches. You don’t have to forego granite counters, crown molding, and a high-end spa-like bathroom. Today’s mobile homes can have laundry rooms, dishwashers, and the kind of finishing touches you would have only expected in a site-built luxury home.
Not all mobile homes are tiny spaces. You’ll find options with a few hundred square feet to offerings that are just as spacious as a three-bedroom bungalow or condominium.
You may or may not be ready to start the process of buying a mobile home in Las Vegas but you’re doing the right thing by researching your options and looking for the drawbacks as well as benefits of owning a mobile home.
Why not look a little closer? Do the math and compare not only your mortgage costs, down payment requirements, and also the costs of maintaining that home with utility bills. Consider the community aspect, too. It might be the ideal solution for you.
If you’re ready to take the next step in the home buying journey, contact our home specialists at Pueblo del Sol today!