Buying a park model home is an exciting investment, offering affordability and flexibility. However, many first-time buyers make avoidable mistakes that lead to unexpected costs or challenges. This guide will highlight key pitfalls and how you can make a smart, informed purchase while avoiding common missteps.
Not Researching Zoning and Placement Restrictions
Park model homes are subject to local zoning laws, which vary by state and county. Some areas restrict full-time residency in park models, meaning you may not be able to live there year-round. Additionally, placement options – whether in an RV park, private land, or a tiny home community – come with different requirements.
Solution:
- Always check zoning laws and community rules before purchasing.
- Confirm if full-time living is permitted in your desired location.
- Work with a park model home specialist to navigate legal requirements.
Overlooking Long-Term Costs Beyond the Purchase Price
Many buyers focus only on the upfront cost of a park model home but forget about ongoing expenses, which can include:
- Land rental fees (if placed in a park)
- Utilities and maintenance
- Insurance and property taxes (varies by location)
Solution:
- Create a detailed budget covering all ownership costs.
- Research potential expenses before committing to a purchase.
- Consider financing options to manage costs effectively.
Skipping a Thorough Home Inspection
Whether buying new or used, a park model home should always be inspected before purchase. Hidden issues such as water damage, poor insulation, or outdated electrical wiring can cause long-term problems if not addressed.
Solution:
- Hire a professional inspector to check the structure, plumbing, and electrical systems.
- Look for signs of leaks, mold, or foundation issues before finalizing the purchase.
- If buying used, ask for maintenance records.
We at Phoenix go a step further to ensure every home meets high-quality standards before it reaches you. That’s why we stand behind our craftsmanship with a 1-year structural warranty*, so you can move in with peace of mind, knowing your home is built to last.
Ignoring Energy Efficiency and Insulation
Not all park model homes are built with energy efficiency in mind. Older models may have poor insulation, outdated HVAC systems, or inefficient windows, leading to high heating and cooling costs.
Solution:
- Prioritize energy-efficient models with proper insulation.
- Check for dual-pane windows, energy-star appliances, and solar compatibility.
- Consider upgrading insulation if purchasing an older model.
Not Exploring Financing Options in Advance
Financing a park model home is different from a traditional mortgage. Some buyers assume they can get a standard home loan, only to realize fewer lenders finance park models, especially older units.
Solution:
- Research financing options specific to park model homes before committing.
- Compare lenders that specialize in tiny home or manufactured home financing.
- Understand loan terms and down payment requirements in advance.
Choosing the Wrong Floor Plan or Size
Park models come in various layouts and sizes, but selecting the wrong one can make everyday living uncomfortable. Some buyers opt for a model that’s too small for their needs, while others regret not having enough storage or workspace.
Solution:
- Choose a floor plan that matches your lifestyle, family size, and storage needs.
- Think about future needs, such as workspace, guest rooms, or outdoor living.
- Explore different layouts before making a decision.
Explore Park Model Floor Plans before buying.
Conclusion
Buying a park model home is a major investment, and avoiding these common mistakes ensures a smooth, stress-free purchase. Proper research, budgeting, inspections, and financing planning are key to making a smart investment.
If you’re looking for a customizable, high-quality park model home, explore Phoenix Park Models for expert guidance and tailored designs that fit your needs.
