PRO'S

1. More space for less money: Some Trailer Park homes can offer more beds and baths than some condos or even small houses for less money.

    

2. No shared walls: Trailer Park homes don't share walls with neighbors

    

3. It lives like a Single Family home: Most Trailer Park homes have a backyard, fence and even a shed.

    

4. Amenities: Many Trailer Park homes offer amenities such as swimming pools, clubhouses, and playgrounds.

CON'S

1. Lot Fees: When living in a trailer park, you will have to pay a monthly land lease fee, which is on average $700-$1000 a month. (It's like renting)

    

2. Depreciation & Resale Value: Trailer Park homes typically do not appreciate in value over time, and may actually decrease in value. (depreciating asset)

    

3. Restrictions: Trailer Park communities may have strict rules and regulations that residents must follow, which can limit personal freedoms.

    

4. Lack of Privacy: Most Trailer Park communities have small lots with the neighbors being very close.

    

5. Difficult Financing: To purchase a Trailer Park home you will either have to pay in cash or find a lender who specializes in these types of loans. You will pay a higher interest rate vs a condo or single family home purchase.  

TAKE AWAY'S

While purchasing a Trailer Park home may feel like a way to get around the price of housing here in the Denver metro area, you would be better off purchasing a townhome, condo or single family home. If down payment is your biggest concern, then request a phone call and let me tell you how I can get you into a home for just $1,000 out of pocket!