Affordable Home Idea in Lamar: Buy Big Lot, Add Your Manufactured Home
Here’s an affordable home idea to get what you need in Colorado. On the edge of Lamar, we are selling 28 big lots in a manufactured home subdivision. Half are half-acre lots and half are 1-acre lots. Buyers may own multiple lots, making this perfect for small ranches, too.
And the prices are right. The half-acre lots run $12,000 and the acre lots are $15,000. This amazing affordable home investment will give you the confidence to reel in your beautiful and spacious manufactured home.
This new Lamar subdivision is surrounded by fields on the west side of town. Lots are only accessible on a non-through street loop. Subdivision covenants allow up to 6 farm animals and chickens per lot. Utilities are installed in a utility easement. There owners may tap into city water, sewer, electricity, and gas.
Benefits of Manufactured Homes
The manufactured homes in this southeastern Colorado neighborhood must be newer. They can be only 5 years old. Our Lamar real estate agents can refer you to reputable manufactured home companies in outlying areas like Amarillo and Pueblo.
Let’s talk about the reasons to buy a manufactured home and put in on land you own.
- Manufactured homes are usually less expensive than on-site construction. Median price of single-family home in the U.S. is about $225,000; the average price of a manufactured home is under $90,000. Imagine, you can get into your new home with $100,000 cash!
- You can get more square feet of living area for your money.
- Many aspects of the building process are better.
- Mortgage financing with low interest rates and a 30-year fixed loan is possible. You must buy the lot and put the home on a basement or concrete foundation. (Remove the axles. Other foundations may restrict you to an expensive personal loan.)
- You can build equity instead of paying rent.
Location of Lots for Sale in Lamar Colorado
From Lamar, drive west from Main and Maple to the city limit and continue a quarter mile on County Road HH.5. This brings you to the northeast corner of the property.
Real Estate Agents Lamar Colorado
For more information about getting into a Lamar lot and affordable home, please call Cruikshank Realty at (719) 336-7802. Schedule an appointment or stop in to visit at 20 S. Main Street, Lamar, CO 81052. Specializing in Farm and Ranch Real Estate Sales, Management, Auctions, and Exchanges.