House or manufactured homes

[JJG 5.0]

well im in the process of looking for a place to live. i currently live with some family memebers, well im looking to buy a house. i am on disabilty so my payment cant be to steep. im looking for a 50 to60 k house. or manufactured homes, well i have always looked down on these trailers whatever you wont to call it.... well i have heard a bunch of good and bad things bout these things. i can get on 1800 square feet on an acre for bout 40k would it be a bad investment, i just need some ideas. and opinions on this. and all the houses i look at for 60k are junk. i have to stay in the crandall area due to helping family out on some things... what are pros and cons on both of these.... thanks

[Memo]

get a real house. "Manufactured" homes are like cars. They will ALWAYS depreciate. Not to mention they like to get blown away.....

[Dacotua]

well im in the process of looking for a place to live. i currently live with some family memebers, well im looking to buy a house. i am on disabilty so my payment cant be to steep. im looking for a 50 to60 k house. or manufactured homes, well i have always looked down on these trailers whatever you wont to call it.... well i have heard a bunch of good and bad things bout these things. i can get on 1800 square feet on an acre for bout 40k would it be a bad investment, i just need some ideas. and opinions on this. and all the houses i look at for 60k are junk. i have to stay in the crandall area due to helping family out on some things... what are pros and cons on both of these.... thanks

Trailers always go down in value. The 60k houses your looking at will go up in value if you fix them up.

[ceyko]

As mentioned anything other then a house will always go down in value.

Other disadvantages to a trailer?
-When the washing maching/dryer goes the whole place shakes
-Chances are you are not in the double/other wise market. Living in a single wide is fine but it's a long rectangle..
-Still not THAT CHEAP to setup overall.

I grew up in trailers, in WV. They were fine and all that and there is a reason people buy them. If you can't swing anything else, don't want to deal with having something built or whatever....

If you do go with a trailer, do your homework. There are different types and like builders each trailer maker has their own rep. Some do good, some do bad...etc. i.e. When I lived in WV some southern trailers were cheap. Like almost 20% cheaper then some of the others made in the NE. Trick was - apparently less insulation as well as less sturdy roofs..etc. So, when you live in a climate where it is constantly cold the insulation would suck. Also, in that climate you could have 1-3' of snow which could cause major issues...etc..etc.

Like mentioned, if you can find a home with a good frame...etc that can be fixed up....I would try that. You say you're on disability there so that indicates you would not physically/financially be able to do all that. This is another case where a trailer just may make sense.

[4DRSS]

Why not just rent? I would rent a place before buying a trailer.

[Sickpony]

Manufactured homes nowdays are alot better then in the past. The build quality is still not as good as a brand new custom built home, but they wiil still last forever if maintained. Also no trailer house is going to have $$$$ super expensive foundation problems in the future. As far as value the manufactured will not depreciate as everyone says but it will most likely not increase on its own merit without additions to your property itself.

[RedLilPony]

What about a condo? Our condo was only $350 a month and that was the payment on it and not rent.

[JJG 5.0]

yeah i have been looking and found some for like 40k with an acre of land and 2000 sq ft... i just wonder what your restrictions are