| Modular Homes | Manufactured/Mobile Homes |
|---|---|
 |
 |
| Are sectional prefabricated buildings or houses that consist of multiple sections called modules | Formerly referred to as mobile homes or trailers, but with many more style options than in the past |
| Built in sections in a factory | Built in a factory on a non-removable steel chassis |
| Sections are transported to the building site on truck bedsand then joined together by local contractors | Multi-part manufactured units are joined at their destination. Sections are transported to the building site on their own wheels. |
| Are sometimes less expensive per square foot than site built houses | Generally less expensive than site built and modular home |
| Built to conform to all state, local or regional building codes at their destinations | Conform to a Federal building code, called the HUD code, rather than to building codes at their destinations |
| A well-built modular home should have the same longevity as its site-built counterpart, increasing in value over time | Segments are not always placed on a permanent foundation, making them more difficult to re-finance. Sometimes decrease in value over time. |
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