LAS VEGAS (KLAS) – For more than a year, the housing market has been booming and finding affordable housing has been difficult for many residents.
Today, people looking to buy are investing in modular homes, also known as mobile homes.
The Flamingo West Mobile Community in the Southwest Valley is just one of many attractive mobile home communities for potential buyers, all with the choice of amenities, customization and affordability. In an oversaturated housing market, these mobile homes help residents cut costs.
According to resident Ted Cooper, he’s had his mobile home for two years now and the change has served him well.
“Compared to a house built on site, it’s a fraction of the cost, the taxes are cheaper. Lots are generally smaller, so maintenance is a lot less, and it’s a nice neighborhood,” Cooper said.
Depending on the year and the size of the home, cell phone costs can range from $30,000 for one bedroom/one bath at El Dorado Estates or up to $150,000 for a three bedroom at Mountain View Mobile Home Park.
Vegas Mobile Homes owner Andre Alfa told 8 News Now that about 70% of buyers choose these homes because they fit their finances.
“The need for affordable, quality housing has never been greater than it is today. Especially with the current overheated housing market, we’re seeing more and more people moving away from site-built homes and exploring the option of prefab homes,” Alfa said.
Jeanne Parrett has managed the El Dorado Estates mobile home park since 1996 and said the process of buying a traditional home goes beyond four walls.
“A lot of people don’t realize that these aren’t the trailers of yesteryear. These are homes in some cases that look better than site-built homes because they have the quality control during the construction process that some site-built homes just don’t have,” said said Parrett.
The owners also told 8 News Now that they expect mobile home interest to continue to rise steadily over the next two years, especially alongside the financial problems caused by the pandemic.