How To Look At A House
McGarry and Madsen's home inspection blog for buyers of
site-built, mobile/manfuactured and modular homes
Do modular homes depreciate in value?
Saturday, February 29, 2020
A modular home is manufactured and installed to the same building code standards as a site-built home in the same location and is installed on a permanent foundation. It is essentially the same as a site-built home except that it is constructed in a factory. So a modular home has the same potential for appreciation as a site built home, and is treated the same as a site-built home by appraisers. Although the value of any dwelling can go up and down according to market factors, it does not have the built-in likelihood of depreciation that is inherent in a mobile/manufactured home.
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Here’s links to a collection of our other blog posts about MODULAR HOMES:
• What are the tie down requirements for a modular home?
• How safe is a modular home in a hurricane?
• How can I tell the difference between a manufactured home and a modular home?
• Does a modular home have a serial number?
• What is the life expectancy of a modular home?
• Does a modular home have a HUD tag?
Visit our MODULAR HOMES page for other related blog posts on this subject, or go to the INDEX for a complete listing of all our articles.
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