About a third of cost of putting a mobile home on land or “mobile” homes in the United States are located in mobile home parks, where residents lease land where their homes sit. This arrangement saves money in the short term, but if you’re thinking of buying a new mobile home and moving it onto your own land, there are some additional expenses you’ll want to consider.
One of the most important is that you’ll need a foundation, which can cost anywhere from $4,500 to $12,000 on average. Without a foundation, your mobile home will be susceptible to weather damage and may not hold its value. In addition, a permanent foundation can increase your home’s resale value.
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You’ll also need to bring utilities to your property. This is a significant expense that includes digging trenches, running water pipes, installing power lines and possibly even a septic tank. It’s a good idea to consult with local utility companies before you buy your land, so you know what the costs will be.
There are also local fees, such as permit and development impact fees that vary by state. In California, these can add up to more than $80,000, according to Khari Washington of 1st United Realty & Mortgage in Riverside. You’ll also have to pay for site preparation, such as clearing your land of trees and paving your driveway. This typically costs about $3,500 per acre on average. However, your exact site prep costs will depend on the terrain, soil type and other factors.
