Benefits of living in trailer homes include spending less on a home, having lower property taxes, a low down payment depending on the insurance company, minimal maintenance, living in a scenic location and residing in a community of similar individuals. Trailer homes generally cost less than traditional homes, according to Realtor. Therefore, they may have lower down payments, as little as 5 percent, and even less through government programs.
Another benefit of mobile homes is that they provide many amenities and space for a lower price than traditional homes, notes Realtor. They come in two basic layouts: singlewide and doublewide. Singlewide homes have rooms that connect directly to each other, while those in doublewide homes are separated by a hallway. Regardless of type, trailer homes must be placed in specified areas. Depending on location, homeowners can either rent or buy land to park their trailers on.
Another benefit of trailer homes is that they require minimal maintenance. People also enjoy the freedom of home ownership; painting, remodeling and even moving are done whenever homeowners choose. Homeowners are free to choose a location in which to live; designated trailer home parks are usually in scenic locations. Many trailer homeowners belong to a community of like-minded individuals. They enjoy community benefits too, such as pools, tennis courts and fitness centers.