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 - 15 hours 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 - 15 hours ago
Manu Homes depreciate. Do not assume regular houses will appreciate either.
by kingstubborn - 15 hours ago
they severely depreciate in value. comparable to a car. very poor investment choice.
by guitarkidfromnowhere - 15 hours ago
A Business Strategy That Makes Sense
We’ve all heard it before: The sign of a good manager is someone who surrounds themselves with stronger people. This...
The Licorice Test and Other Unconventional Tips for Hiring
I love salty Danish licorice. I grew up with the popular, tongue-numbing Nordic treat, and I continued to enjoy it when two...
4 Reasons Small Businesses Should Migrate to the Cloud
Cloud computing can mean big changes for small businesses. Those changes have been realized by many of today’s...
5 Reasons to Choose Nursing as a Second Career
The days when people were expected to have just one career throughout their lives are over. Today, many people succeed at...
5 Lessons U2 Can Teach Us About Marketing (Infographic)
They say everyone is Irish on St. Patrick’s Day. Some are more Irish than others, though, and some have made a career of...
Your Customer Experience Must Save Your Customers Time
If you want to deliver a strong, effortless customer experience, you should ensure that it saves your customers...