Have you been debating whether you should by a new home or a pre-owned home? Find out the pros and cons of each!
Home buying can often be overwhelming. There are lots of decisions that have to be made in order to find your dream home. City or country, site built or manufactured, ranch or multi-level, brick or vinyl siding, “what is our budget?”, the list goes on and on.
It’s no secret that prefabricated housing is becoming an increasingly popular choice for affordable housing, on average costing around $122,500 without land as of January 2022, according to the Census Bureau. At Clayton, we offer hundreds of options for quality built, affordable homes for people in every season of life.
Once you've made the decision to purchase a Clayton Built® home, there are lots of things to consider next – one being whether you should buy your home new or used. Below you’ll find some of the perks of buying either a new or pre-owned home!
**Average cost of prefabricated home does not include land.
When deciding to purchase a new Clayton Built® home, you might be thinking “what do I do with my current manufactured home?”
Trade-in programs for your manufactured home can be found across the country at retail home centers. Your home is given a NADA value, like the one you’d get for trading in a car, which will give you an idea of how much your home is worth.
Once you have this value, the home center could do one of three things*:
**The three options above represent the most common trade-in options; however, trade-in options will vary by individual home center. Talk to your local home center consultant about what options are available in your specific area, and to get a clear understanding of the entire trade-in process.
Now, it’s time to make your decision. Weigh your options and take into consideration your budget, season of life and your needs and desires for your home. Whether you decide to purchase new or pre-owned, we’ll help you find your Clayton Built® dream home.
Begin the home buying journey by following these easy steps.