When comparing mobile homes to traditional stick-built properties, you’ll find that mobile homes are far more cost-effective. However, investing in a new mobile home can come with some unexpected costs that could negatively impact your bottom line. Fortunately, anticipating hidden costs and incorporating smart upgrades can help you save money on your investment.
Unexpected Costs When Investing in a Mobile Home
The biggest cost that many homebuyers overlook when purchasing a mobile home is the cost of the land where the property will be situated. Many people choose to rent lots for their homes, but you also have the option of buying land. If you pursue this route, you’ll probably need to take out a loan to cover the purchase, which can entail lots of hidden costs and fees (similar to traditional mortgages).
Where you live can also be a factor when it comes to insurance costs. Places with a higher chance of natural disasters like floods and tornados naturally have higher insurance costs than areas with less volatile weather. And as weather patterns become more unpredictable over time, many homeowners could face these rising costs.
Smart Upgrades to Make to Your Mobile Home
You can offset the costs of mobile homeownership by choosing energy-efficient fixtures and appliances. While they may require a higher initial investment, you’ll save money on utility costs while simultaneously reducing your carbon footprint when you use solar panels, low flow plumbing appliances, and other upgrades.
When it comes to the fixtures included with your mobile home, exterior skirting is beneficial for boosting insulation. Skirting blocks the open space under the property from cold air, rain and snow, all of which can affect interior comfort and cause damage to the home. By opting for skirting, you can preserve your investment while also boosting energy efficiency.
At Fiesta Homes, We Always Give It to You Straight
Here at Fiesta Homes, we approach every client with honesty and transparency in mind. Our factory direct ordering process is designed to be as simple and straightforward as possible. However, we can also customize the floor plan of your home to ensure it meets and exceeds the expectations of you and your family. Call 575-525-4680 today or contact us to learn more.
