Modular homes and manufactured homes differ in how they are built, which standards they uphold, and their mobility. Modular homes are manufactured in sections (modules) at a factory and assembled on a permanent foundation at the job site. Like traditional homes, they are subject to local and state building codes, making them permanent structures that have a high resale value. Because factory-built homes are built entirely on a steel chassis, they can relatively easily be moved if needed. They adhere to HUD standards rather than local building codes, which keeps them cheaper but less permanent. Modular homes also allow for more customization and, in terms of appearance, are indistinguishable from site-built homes, while manufactured homes might have more of a cookie-cutter look. Knowing these distinctions is important in helping you select the right home for your lifestyle and needs.