chi.gif (5401 bytes)         " Making Dreams Come True"

 

Coastal Homes Inc. was founded in 1988. The first location in Chesapeake, Virginia began the path that has provided hundreds of families affordable housing.

To this day (and many more to come), Coastal Homes encourages customers to check out the "rest", then come back to select from the "Best".

Check out letters from some of our customers here

 

  • At Coastal Homes Inc. we take great pride in being a FULL SERVICE professional organization!

  • We know that buying a home may be the most expensive purchase you will ever make.

  • We have exclusive departments that handle your pre-owned and military relocation requirements.

When we sell a home, there are no hidden charges;

  • This means that all our pricing includes delivery of your new home (within 100 miles, for service and warranty considerations), underpinning (skirting), structural blocking and anchoring.

  • ALL appliances that are installed in the home you buy come with it!

  • Central Heating and Central Air are included in the sales price.

  • Electrical, water and sewage hookups to existing utilities are included.

 

  • 514 Floor Plans Available -- 2,3,4 & 5 Bedrooms - Garages - Jacuzzi - Porches - Fireplaces.

  • Land / Home Packages Available in Virginia and North Carolina.

  • Custom Orders

  • Up to 30 Year Financing with Low Interest Rates Available

 

 

  • A key factor in the growing acceptance of manufactured housing is affordability. At an average cost of $41,100, it is clear why a manufactured home is much more affordable than a site-built home at an average cost of $132,150 (excluding land price).

  • Today's manufactured home offers the homebuyer quality, value, flexibility in choosing floor plans and designs, and many more benefits at an affordable price. In addition, manufactured homes are required to meet the strict  HUD Code,  including requirements for energy efficiency, which are designed to make sure that the homebuyers have the lowest possible energy costs balanced with the best value in their home purchase.

  • It is easy to see why the use of manufactured housing is growing so rapidly and makes good economic sense!

 

 

Study Finds Manufactured Homes Appreciate Comparably to Site Built Units

GREENVILLE, NC --- A new university study conducted by East Carolina University reveals that permanently sited manufactured homes appreciate at a rate comparable to that of their site built counterparts and at a higher rate than condominiums. Administered by the ECU Dept. of Planning, the study examined the impact of manufactured housing on adjacent site-built properties in four counties, including manufactured homes on scattered sites and in MH communities.

Fixed foundation manufactured homes or those listed as real property appreciated at a rate comparable to and in some cases higher than site-built residences. The study concluded that the proximity of manufactured homes did not adversely affect appreciation of site-built homes, whether on individual lots or in large scale manufactured home communities. Multi-sectioned manufactured homes were liable to appreciate at a greater rate than single sections. Other factors such as zoning, household income, and land/housing markets played a role in appreciation rates.

 
 

AVERAGE USEFUL LIFE OF MH EXCEEDS 55 YRS., STUDY FINDS

The popular notion that manufactured homes are short-lived, "temporary" dwellings received a knock-out punch in a recently released study conducted at the University of Georgia.

Dr. Carol Meeks, professor and head of the Department of Housing and Consumer Economics at the university, found that 84 percent of the 10.7 million factory-built homes shipped between 1945 and 1994 were still in use. She estimated that the average manufactured home occupied the year round should last 55.8 years, which is 22 years longer than previously forcasted.

The new study took into account seasonal and vacant homes as well as those occupied the year round. Of the 9 million homes currently sited, more that 8 million were occupied the year round, Meeks found.   Another 695,000 homes were occupied seasonally and 630,000 were vacant.

In 1991, the American Housing Survey (AHS) estimated that there were only 7.4 million manufactured homes were currently sited. According to MHI, AHS missed about 25 percent of the new homes then sited due to insufficient data collection by the Bureau of the Census.

 

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