I found this fully remodeled manufactured home on a real estate site a few months ago and it caught my eye immediately. I couldn’t help but wonder why it was so expensive. It didn’t take much to find out!
San Jose Has Crazy Expensive Housing Prices
San Jose, CA is known for many things but being the center of Silicon Valley’s tech hub is probably its greatest claim to fame.
As Silicon Valley became the base for the major technology companies and startups, real estate prices began to skyrocket.
You can expect to pay around $537 per square foot for a traditional home in the San Jose area. To put that in context for you, Ohio’s average price per square foot is just $85. San Jose’s median home value is $845,900.
This Fully Remodeled Manufactured Home for $184,900 is a Great Deal for the Area
If a site-built home is a bit out of your price range in San Jose, you can buy this fully remodeled manufactured home for $184,900.
With 1536 square feet of beautiful living space, the cost per square foot averages to only $120.
This fully remodeled manufactured home sits in an attractive 55+ park called Millpond. The park has 361 spaces nestled against rolling hills in Willow Glen, an upscale neighborhood in San Jose.
This fully remodeled manufactured home sold a few days after it was listed.
The market is hot in San Jose!
Here’s the realtor’s listing:
New Flooring – New Paint – New Kitchen – New Island – New Counter – New Subway Tile Backsplash – New Appliances – New Windows – New French Doors out onto the large porch – New Vanities in the bathrooms – New Toilets – New Lighting and the list goes on!
This is a spacious home. Two bedrooms, 2 bathrooms, living room, laundry room, family room, and the kitchen is open to the family room. Great for entertaining.
Located in the highly desirable mobile home community, Millpond Mobile Home Community. Great location. Close to downtown Willow Glen and The Plant Shopping Center.
Related: remodeled double wides here!
Money, Money, Money
Zillow estimates the mortgage payment for this manufactured home to be around $994 with 10% down. Insurance and taxes not included.
The lot rent is $983 which puts the manufactured home’s total monthly cost at around $2000 per month.
Why Manufactured Homes?
Many families are turning to manufactured homes in well-manicured communities or on their own private land. You get the comparable living of a site-built home at a much more affordable price per square foot.
A manufactured home is a great starter home for young families, retirees ready to enjoy their golden years, and everyone in between.
For a lot of people, taking the fully remodeled manufactured home over an older site-built home is an easy choice. You get a larger home that’s been updated for a few hundred less per month. No remodeling needed!
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