Have you ever thought about buying a mobile home in California? Mobile homes (also called manufactured homes) are factory-built houses that have been growing in popularity due to their affordability and cost-effectiveness.
Before making your choice, it’s recommended that you weigh the pros and cons of buying a mobile home. This blog aims to shed some light on both sides so you can make an informed decision.
Advantages of Living in a Mobile Home Park
The most obvious advantage of living in a mobile home park is affordability. Buying a mobile home is generally less expensive compared to getting a traditional house or renting an apartment. You get more space for your money with mobile homes.
Manufactured homes are built to be energy efficient, so they’ll cost less on utilities than other housing types. Because you’ll have access to communal facilities like pools and laundry rooms, you won’t have to pay extra fees for them.
When you live in a mobile home in California, it’s easy to get around. You’ll be close to shopping centers, schools, and places of work. You can also easily move around the city because public transportation runs through the park. It’ll make your life easier and more comfortable.
As a mobile home park resident, you can take part in many community events held throughout the year. These events include:
- Holiday parties: Every month or so, your community will get together for a holiday party. It’s a great way to meet other people and get to know your neighbors.
- Movie nights and popcorn parties: The community is often involved in showing movies at night, allowing people to come together as a group and enjoy some popcorn. The parks sometimes host special events during these movie nights. For example, they might have a Halloween-themed movie night where everyone dresses up as their favorite character from their favorite movie!
- Community picnics: These picnics are great opportunities for the park’s residents to get together with their families. They may include activities such as Easter egg hunts or Thanksgiving dinners!
Mobile home communities are tightly controlled by their management staff. Thus, crime rates there are lower compared to areas where residents don’t know each other (such as apartment buildings).
The controlled community living environment also means your yard will be safe from theft and vandalism. You won’t have to worry about strangers entering your property.
5. Lower Taxes
Mobile homes are not subject to property tax. If you own a mobile home in California, you won’t have to pay taxes for your property. Many states also allow people living in mobile homes to claim income tax exemptions, provided they meet a certain criteria.
Disadvantages of Living in a Mobile Home Park
1. Age restrictions
Some parks may have age restrictions on their community’s residents. But the good thing about this is that you can live with neighbors with the same life challenges as you. For example, some parks only accept retirees.
2. Limited Financing
Not all banks will finance a mobile home purchase. You may have to inquire from several institutions before you find one that will approve your loan.
But just because you have limited options doesn’t mean you have no options. There are specialized lenders that cater to these purchases.
3. Negative Stigma
Some people may have negative opinions about mobile home parks. However, those outdated notions no longer apply to modern communities. Nowadays, mobile parks have amenities like pools and gyms and have beautiful and clean common areas with lots of trees and greeneries.
Like other housing options, mobile home living has its pros and cons. Ultimately, your personal preferences will decide if living in a mobile home is the right solution for you.
Consider the pros and cons of mobile homes carefully, and assess if living in a mobile home community suits your needs and lifestyle. After all, buying a house is a serious financial commitment that will have a big impact on your quality of life.
If you’re looking for a mobile home, Storz Management Company is here for you. For over 50 years, we’ve been committed to transforming mobile home and RV communities into valued investments.
To learn more about our locations, contact us at (916) 989-5333 or drop us a message here.