“I want to over-pay for housing.” Said no one, ever.

September 27, 2017

Comparing mobile/manufactured homes, site-built homes on real estate, condominiums, and apartments is easy.  We drew it all out for you!

 

 

Mobile/ Manufactured home

Real estate

Condominium

Apartment

Value

+

A new factory-built home costs about $45-60 per square foot.

-

A new traditional home built on-site costs about $90-$100 per square foot (excluding land)

-

New condos cost $90-$100 per square foot (excluding land)

-

 

Property Taxes

+

Annual taxes on a new 2200 square foot manufactured home in Iowa are $440

-

Annual taxes  in 2017 on $130,000 house in Cedar Rapids

$2751  [i]

-

Annual taxes  in 2017 on $100,000 condo in Cedar Rapids

$2171  [ii]

+

Included in rent.

Construction-Grade Building Materials

+

Most people are surprised to learn that today’s manufactured homes are built with the same building materials as site-built homes.

+

 

+

 

+

 

Privacy

+

You’re not living wall-to-wall in your own manufactured home.

+

 

-

You’ve got at least one shared wall with your neighbor.

-

You’ve got at least one shared wall with your neighbor.

Storm Safety

+

All Hames Communities have emergency storm shelters.

+

You probably have a basement – although some do flood.

>

Does your condo or complex have a safe place to go in a storm?

> 

Does your apartment have a safe place to go in a storm?

Garage

+

Most home sites in Summit View and Grand View are large enough for an optional garage.

+

Unless it’s an old home, you’ve probably got a place for your car.

+

Let’s assume condos have garages.

-

Be ready to scrape your car after a snow storm.

Planned community

+

All residents agree to abide by common guidelines for living.

>

Unless you’ve got a homeowner’s association, you’re on your own.

>

Unless you’ve got a homeowner’s association, you’re on your own.

+

All residents agree to abide by rules of the complex.

Screened neighbors

+

All residents in Hames communities undergo a criminal background check before moving in.

-

Do you really know who your neighbor is?

-

Do you really know who your neighbor is?

+

Let’s assume experienced apartment managers screen their tenants.

Build Up Equity

+

You own your home.

+

You own your home.

+

You own your space.

-

You’ll never get back one penny you pay in rent.

 

It’s clear to see that a mobile/manufactured home from Hames – The Homes People® wins in every category over other types of housing.

Come and see for yourself why so many people choose the manufactured housing lifestyle – attractive, affordable homes in beautiful, planned neighborhoods.  That’s the Hames way – make it your way!

Call us today at (319) 377-4863, contact us online, or view our model homes at our Grand View Open House, and see the home you’ve always wanted with all the features you thought you couldn’t afford.



[i] Based on 2017 levy of $21.71 (after rollback) per $1000 of assessed value.

[ii] Based on 2017 levy of $21.71 (after rollback) per $1000 of assessed value.



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