NOPE, they are definitely different... Much different actually... Read on
Modular homes— are designed, built, permitted and inspected to the New York Building Code and must be installed on permanent foundations (e.g., poured footers, stem walls & poured piers or engineered slabs, just like site built homes) that are designed and built specifically for that home by a contractor licensed by the Department of Business & Professional Regulation (DBPR). They are considered real property when installed on a permanent foundation, and insured as such.
Manufactured Homes— Sometimes referred to by the sales industry as Mobile Home or a Double Wide, are built to the U.S. Department of Housing and Urban Development (HUD) standards; are usually installed on temporary foundations (concrete pads, dry-stacked blocks and tie-downs); are usually not considered real property; and generally depreciate in value similar to an automobile. Insurance rates will generally be higher for mobile homes. Upon installation, a mobile home’s wheels and axles may be removed, but the integral chassis must stay in place.
