Do mobile homes/manufactured homes increase in value if on a permanent foundation and titled with land?
Value is in the land. Mobile homes are like cars - they depreciate in value over time. Get the property you like - you can always build a house in the future. For now you've got a great starting point. (be sure to check what the future plans might be for surrounding area in next 10 - 20 years)
by smiling_freds_biz_info - 14 hours ago
The land may increase in value but trailers never increase in value. If you're really lucky the increase in the land value will exceed the depreciation in the trailer but don't depend upon that.
by Bostonian In MO - 14 hours ago
- The value is in the land, so ask real estate agents or appraisers for the historical price trend (a graph) for the past, say, 10 to 20 years. That should range of time should include a few up and down markets so that you have an idea of what the land will be worth in the future. - Confirm the data that you are unsure of. - Whatever you buy, get it inspected so that you don't have any surprises
by Genki - 14 hours ago
Depends on the quality of the building. - Mobile homes and cardboard walls and floors.... no - High end manufactured buildings that are not considered mobile homes... yes. But in most cases, no.
by Clown Knows - 14 hours ago
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