Is it true that manufactured homes depreciate as opposed to appreciate in value?
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No, manufactured homes will appreciate just like a stick-built home just as long as it is put on a foundation and is converted to real property. We have had customer’s manufactured homes appraise from $100,000 – $1,000,000. We have had investors and developers realize profits in excess of $200,000 on their manufactured home projects. Just like any piece of real estate the true determining factors in value appreciation are location and condition of the property.
