Sticker shock on land/home packages
Posted: Mon Feb 02, 2004 5:22 am
When we got serious enough at the dealerships where we were actually quoted prices on small home/small land packages, we came away with sticker shock.
Some moderate sized land/home packages we were quoted were about double the cost of "stick built" homes we've been looking at. Of course the stick builts aren't brand new construction, but they are in good condition and in good neighborhoods.
Even with a very small piece of land, the new MH's are being quoted to us as more than a similar square footage pre-owned stick built. And the land is all in very rural areas, requiring extensive commuting.
I guess based on the costs of later model used land/home packages and stick builts, we were expecting quite a bit less. But the Palm Harbor dealer said that a good portion of the total quoted to us was in "land improvement and setup".
Price examples. We looked at a 1360 square foot home "Camino" and asked for a _small_ land plot. For the Camino, with no upgrades, one acre of former pasture in a very rural area, land improvements and transportation/setup the total cost would be just under 130K. For a smaller piece of land, it was still right around 100K. The dealer pretty much didn't want to work with us when we explained that we wanted a _small_ piece of land. He said that it wasn't really worth buying less than acre. And it would be "very hard" to get us into _any_ land home package for under $100K. Maybe in a very basic very small home in a very, very isolated rural area. But nothing that met our needs of reasonable commute into the city (Southwest side of Houston, TX).
So, we pretty much gave up on manufactured housing and are looking at suburban stick builts in the $75K to $85K range. There are some amazing pre-owned MH land-home packages on large lots that aren't so rural and isolated in our price range. And we're looking at those too as we find them.
I guess neither of us were expecting to hear that a MH land-home package would be _that much_ more than the stick builts we have been interested in.
Tracy
Some moderate sized land/home packages we were quoted were about double the cost of "stick built" homes we've been looking at. Of course the stick builts aren't brand new construction, but they are in good condition and in good neighborhoods.
Even with a very small piece of land, the new MH's are being quoted to us as more than a similar square footage pre-owned stick built. And the land is all in very rural areas, requiring extensive commuting.
I guess based on the costs of later model used land/home packages and stick builts, we were expecting quite a bit less. But the Palm Harbor dealer said that a good portion of the total quoted to us was in "land improvement and setup".
Price examples. We looked at a 1360 square foot home "Camino" and asked for a _small_ land plot. For the Camino, with no upgrades, one acre of former pasture in a very rural area, land improvements and transportation/setup the total cost would be just under 130K. For a smaller piece of land, it was still right around 100K. The dealer pretty much didn't want to work with us when we explained that we wanted a _small_ piece of land. He said that it wasn't really worth buying less than acre. And it would be "very hard" to get us into _any_ land home package for under $100K. Maybe in a very basic very small home in a very, very isolated rural area. But nothing that met our needs of reasonable commute into the city (Southwest side of Houston, TX).
So, we pretty much gave up on manufactured housing and are looking at suburban stick builts in the $75K to $85K range. There are some amazing pre-owned MH land-home packages on large lots that aren't so rural and isolated in our price range. And we're looking at those too as we find them.
I guess neither of us were expecting to hear that a MH land-home package would be _that much_ more than the stick builts we have been interested in.
Tracy