Is it true that manufactured homes depreciate more than site built homes?
Absolutely not. All man made structures depreciate, whether built in a factory or on site. The real estate the structure is on determines the future value of the home and property. When Land values go up or down in any given area that value will effect manufactured or site built homes equally. This is assuming that the property is maintained in a like manner. An appraisal of a manufactured home located in an area experiencing appreciation in property values that is skirted with pieces of tin, with a washing machine and refrigerator rusting on the front porch and a 1969 Camaro up on blocks in the front yard will not benefit with the increase in surrounding property values. This would also be true of a site built home under the same conditions. The fact of the mater is that under favorable market conditions a manufactured home will appreciate at a faster and higher rate than a site built home if both are maintained equally. Consider it this way, $70,000 will buy a 2,400 square foot manuf
