12-16-2021, 11:45 AM
I think it is widely accepted that factory modular homes using conventional materials have a very similar resale value as site-built homes. That is, they appreciate in value at a similar rate as site-built homes.
Mobile homes, on the other hand, depreciate in value over the years.
What is uncertain (to me) is if manufactured homes (like the one pictured for this thread) will appreciate in value like a conventional home or will depreciate in value like a mobile home.
I have seen no studies or reports on that. That alone, would prevent me from buying a manufactured home.
Note: I am making a distinction between modular homes that use lumber and sheathing and drywall, and manufactured homes that often use welded steel for structure and sheet metal for sheathing.
Mobile homes, on the other hand, depreciate in value over the years.
What is uncertain (to me) is if manufactured homes (like the one pictured for this thread) will appreciate in value like a conventional home or will depreciate in value like a mobile home.
I have seen no studies or reports on that. That alone, would prevent me from buying a manufactured home.
Note: I am making a distinction between modular homes that use lumber and sheathing and drywall, and manufactured homes that often use welded steel for structure and sheet metal for sheathing.
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