O.k. you know how homes appreciate in value, well do manufactured home appreciate or depreciate?
Manufactured home is a nice term for mobile home. Presumably, the only difference is that "manufactured" is sitting on a piece of owned real estate, not in a rented trailer park lot. But no manufactured home will appreciate like a normal home. The land might gain in value, but the home, not so much. If you're meaning a modular home, where the bulk of the framework is built in a factory and assembled onsite, but it looks exactly like a normal home, those should gain roughly on pace with a normal "stick built" home.
by NONAME - a day ago
Yes, mobile homes depreciate no matter what. Houses will appreciate or lose value depending on the market. Hear this: Manufactured homes (built after 1976 and built to the HUD code) generally appreciate (or depreciate) at similar rates as stick built homes. Of course their value is lower than a similar sq.ft. stick built home, but they increase in value since there is a market segment of buyers who are priced out of the market--meaning they cant afford a stick built home. Some double wides in my area sell for close to $200k. This is because many buyers cant afford an entry level $275k stick built home and settle on a manufactured home. I can only speak for my region (Virginia), but from talks with other real estate professionals that is pretty typical across the country.
by Scott B - a day ago
Manu Homes depreciate. Do not assume regular houses will appreciate either.
by kingstubborn - a day ago
they severely depreciate in value. comparable to a car. very poor investment choice.
by guitarkidfromnowhere - a day ago
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