|
Joined: Sep 2010
Posts: 41,605 Likes: 11
Campfire 'Bwana
|
OP
Campfire 'Bwana
Joined: Sep 2010
Posts: 41,605 Likes: 11 |
So my youngest daughter who is in her mid-30's wants to by a small piece of property and thought she would put a mobile home on it until she could afford to build what she wants. She found a really small new mobile home 16x30 (500) sq ft., 1-bedroom, 1-bath and asked me to call on it. STICKER SHOCK! $101,000.00. I asked him to repeat himself. I was hoping to find someone in the know regarding mobile homes. Have mobile homes followed real estate price escalations? Is this guy nuts or is the price in line in a competitive market? The price included washer/dryer and kitchen appliances, trucking to a local destination, and setup. Is this guy putting used car salesmen to shame???
Make Gitmo Great Again!! Who gave the order to stop counting votes in the swing states on the night of November 3/4, 2020?
|
|
|
|
Joined: Mar 2020
Posts: 2,690
Campfire Regular
|
Campfire Regular
Joined: Mar 2020
Posts: 2,690 |
That's cheap compared to out here. Something like that on average costs around $200k after everything is said and done.
See Clayton Homes for details lol.
|
|
|
|
Joined: Oct 2004
Posts: 26,571 Likes: 17
Campfire Ranger
|
Campfire Ranger
Joined: Oct 2004
Posts: 26,571 Likes: 17 |
There are larger mobile homes that are cheaper than that. Some are very well built with materials that tend more to the premium side.
|
|
|
|
Joined: Aug 2003
Posts: 39,139 Likes: 24
Campfire 'Bwana
|
Campfire 'Bwana
Joined: Aug 2003
Posts: 39,139 Likes: 24 |
Remember, that 100k mobile home will depreciate like a 100k car compared to stick built too. See the 2008 mortgage crisis
Me
|
|
|
|
Joined: Aug 2004
Posts: 69,663 Likes: 15
Campfire Kahuna
|
Campfire Kahuna
Joined: Aug 2004
Posts: 69,663 Likes: 15 |
That's crazy. Then you add the cost of plumbing, septic and electricity... By comparison, about 2 1/2 years ago we added a double wide out at the ranch here, and turned the barndominium we were living in into a guest house. The house we got was a top of the line Clayton Homes 2400 square feet, furnished, and setup for like $125k, IIRC. Everything's gone crazy, price-wise. The big skid steer loader I bought 2 years ago for $60k is worth $85k now with 500 hours on it. Crazy. 8% inflation my ass. It's not going to get better anytime soon either.
Molɔ̀ːn Labé Skýla!
|
|
|
|
Joined: Sep 2010
Posts: 41,605 Likes: 11
Campfire 'Bwana
|
OP
Campfire 'Bwana
Joined: Sep 2010
Posts: 41,605 Likes: 11 |
Remember, that 100k mobile home will depreciate like a 100k car compared to stick built too. See the 2008 mortgage crisis My first thoughts too.. Couldn't you build a 500 sq. ft. house for half that?
Make Gitmo Great Again!! Who gave the order to stop counting votes in the swing states on the night of November 3/4, 2020?
|
|
|
|
Joined: Sep 2010
Posts: 41,605 Likes: 11
Campfire 'Bwana
|
OP
Campfire 'Bwana
Joined: Sep 2010
Posts: 41,605 Likes: 11 |
That's cheap compared to out here. Something like that on average costs around $200k after everything is said and done.
See Clayton Homes for details lol. Are you serious? ($200k after everything is said and done.) You're included the lot too right?
Make Gitmo Great Again!! Who gave the order to stop counting votes in the swing states on the night of November 3/4, 2020?
|
|
|
|
Joined: Sep 2011
Posts: 45,202 Likes: 18
Campfire 'Bwana
|
Campfire 'Bwana
Joined: Sep 2011
Posts: 45,202 Likes: 18 |
How long before she plans on building? 5 years?
If about that, amortize the $100K cost for those 5 years, add in the costs of those appliances, etc and compare that to what she'd pay for 5 years rent. What are rents in her area? If she rents can she manage to save more towards a stick built that will cost even more when she's ready to build? In this economy? If the Dems should win again in 2024?
Realize that at the end of the 5 years she'll still have her property whatever happens. Is that a guarantee if she rents somewhere for 5 years and gains no equity?
And if she does well in 5 years or so, she can sell that mfg home.
From your pic it appears to be a "Park Model". They can be popular in some places as they beat the heck out of an old trailer with aluminum wiring and no insulation.
Another thing for her to consider............can she live in 500 sq ft?
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
|
|
|
|
Joined: Aug 2007
Posts: 115,424 Likes: 13
Campfire Sage
|
Campfire Sage
Joined: Aug 2007
Posts: 115,424 Likes: 13 |
It's a horrible time to buy anything.
Especially a trailer house.
Trump being classless,tasteless and clueless as usual. Sorry, trump is a no tax payin pile of shiit. My young wife decided to play the field and had moved several dudes into my house
|
|
|
|
Joined: Sep 2011
Posts: 45,202 Likes: 18
Campfire 'Bwana
|
Campfire 'Bwana
Joined: Sep 2011
Posts: 45,202 Likes: 18 |
Remember, that 100k mobile home will depreciate like a 100k car compared to stick built too. See the 2008 mortgage crisis My first thoughts too.. Couldn't you build a 500 sq. ft. house for half that? I think most places the cost of stick built is running over $100 and even up to $200 per sq ft. And I don't think that covers permits and such.
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
|
|
|
|
Joined: Apr 2022
Posts: 212
Campfire Member
|
Campfire Member
Joined: Apr 2022
Posts: 212 |
Buy a 5th wheel to live in while building… sell the 5th wheel later.
Last edited by Slowtrollr; 11/11/22.
|
|
|
|
Joined: Jan 2021
Posts: 5,569
Campfire Tracker
|
Campfire Tracker
Joined: Jan 2021
Posts: 5,569 |
Hell have a 20'x30' metal building built up for 30k
Another 50k to finish it out and done. Once her dream home is built she will have a perfect guest house or studio or whatever.
ΜΟΛΩΝ ΛΑΒΕ
|
|
|
|
Joined: Apr 2011
Posts: 12,156 Likes: 3
Campfire Outfitter
|
Campfire Outfitter
Joined: Apr 2011
Posts: 12,156 Likes: 3 |
My guess, part of that price is the "premium" for the "Tiny Home" fad... Saw one here locally a few weeks ago, comparably sized Amish storage barn that someone had half-azzed finished out. Wanted $50K for it. I have a 16ft and a 25ft flat bed trailer that I had considered building a cabin / tiny house on that I could move around the farm. I have a sawmill. I have standing timber. I love to "tinker". But when you run the numbers, the tiny house concept just doesn't add up...
Neighbor is having the local barn builder (non-Amish) build a Pole Barn-o-minium. By far the least expensive option around here for decent affordable living quarters. This will be the third one within 2 miles of my house in the past few years.
|
|
|
|
Joined: Mar 2020
Posts: 2,690
Campfire Regular
|
Campfire Regular
Joined: Mar 2020
Posts: 2,690 |
That's cheap compared to out here. Something like that on average costs around $200k after everything is said and done.
See Clayton Homes for details lol. Are you serious? ($200k after everything is said and done.) You're included the lot too right? That's before the lot. I wish I was kidding.
Last edited by Verylargeboots; 11/11/22.
|
|
|
|
Joined: Nov 2007
Posts: 47,168 Likes: 1
Campfire 'Bwana
|
Campfire 'Bwana
Joined: Nov 2007
Posts: 47,168 Likes: 1 |
God bless Texas----------------------- Old 300 I will remain what i am until the day I die- A HUNTER......Sitting Bull Its not how you pick the booger.. but where you put it !! Roger V Hunter
|
|
|
|
Joined: Aug 2011
Posts: 8,793
Campfire Outfitter
|
Campfire Outfitter
Joined: Aug 2011
Posts: 8,793 |
l told my pap and mam I was going to be a mountain man; acted like they was gut-shot. Make your life go here. Here's where the peoples is. Mother Gue, I says, the Rocky Mountains is the marrow of the world, and by God, I was right. - Del Gue
|
|
|
|
Joined: Aug 2004
Posts: 69,663 Likes: 15
Campfire Kahuna
|
Campfire Kahuna
Joined: Aug 2004
Posts: 69,663 Likes: 15 |
Nice! But you could have added another 200 square feet on the inside by using a bit smaller logs...
Molɔ̀ːn Labé Skýla!
|
|
|
|
Joined: Apr 2011
Posts: 151,738 Likes: 14
Campfire Savant
|
Campfire Savant
Joined: Apr 2011
Posts: 151,738 Likes: 14 |
Dayum. They ain’t cheap no more!!!
|
|
|
|
Joined: Jun 2011
Posts: 3,765 Likes: 1
Campfire Tracker
|
Campfire Tracker
Joined: Jun 2011
Posts: 3,765 Likes: 1 |
Buy a 5th wheel to live in while building… sell the 5th wheel later. Yup.
|
|
|
|
Joined: Jan 2021
Posts: 5,569
Campfire Tracker
|
Campfire Tracker
Joined: Jan 2021
Posts: 5,569 |
Or buy a used trailer since she is going to build a house anyway!
ΜΟΛΩΝ ΛΑΒΕ
|
|
|
|
527 members (1beaver_shooter, 1234, 1lesfox, 17CalFan, 007FJ, 01Foreman400, 57 invisible),
2,338
guests, and
1,282
robots. |
Key:
Admin,
Global Mod,
Mod
|
|
Forums81
Topics1,192,383
Posts18,488,595
Members73,970
|
Most Online11,491 Jul 7th, 2023
|
|
|
|