If you’ve spent time researching manufactured homes or are looking into buying one, you may have heard this myth more than once: manufactured homes don’t appreciate in value. It’s one of the main concerns homebuyers face when they’re deciding whether a manufactured home is the right decision for them.
At first, this myth may sound convincing. When people think of manufactured homes, they often think of older mobile homes from decades ago that didn’t hold their value well. This was especially true when they were moved often or placed on rented land. The truth is that today’s manufactured homes are much different.
Let’s break down what really affects value and why manufactured homes can absolutely appreciate under the right conditions.
Where The Myth Comes From
In the past, manufactured homes weren’t always placed on permanent foundations, and land ownership wasn’t always part of the deal. When a home is easy to move and not tied to real estate, it’s much more likely to lose value over time.
On top of that, building standards have changed dramatically. Older homes didn’t benefit from today’s construction requirements, energy efficiency standards, or modern materials. When people believe the myth that manufactured homes don’t appreciate, they’re often thinking about outdated examples and not the homes that are being built today.
Today’s Manufactured Homes Are Built Differently
Modern manufactured homes are built under strict federal standards, known as the Housing and Urban Development Code. These standards are responsible for regulating factors such as construction quality, safety, and durability. As a result, today’s manufactured homes are far more comparable to site-built homes than many people realize.
They feature updated floor plans, energy-efficient windows, insulation, and high-quality materials. Many are placed on permanent foundations and look just like traditional homes. When a manufactured home is treated as real property, its value follows similar rules to any other house.
What Actually Determines Home Appreciation
The biggest takeaway is that manufactured homes appreciate based on the same factors as site-built homes. Here are the main things that influence whether a home appreciates over time:
Location:
Location matters regardless of what kind of home you buy. A manufactured home in a desirable area with access to schools, parks, and amenities is more likely to gain value than one in a less desirable location.
Permanent Foundation:
Homes that are properly installed on permanent foundations are more likely to appreciate and qualify for traditional mortgages. This helps buyers view the home as a long-term investment, not a temporary structure.
Maintenance and Care:
Just like any home, condition matters. Investing in regular maintenance and updates plays a big role in how a home’s value may change over time.
Why This Myth Sticks Around
Despite the changes in manufactured homes, the myth is still widely accepted due to a lack of education. People hear from friends, family members, or outdated sources online that manufactured houses don’t appreciate in value. Unfortunately, misinformation can discourage buyers from considering an option that could work for them. The housing industry has changed, and manufactured homes have changed with it. What hasn’t changed is the need for affordable housing options and accurate information.
Changing The Perception
Manufactured homes do appreciate in value when they are properly installed and well-maintained. The key is to understand what you’re buying and where it’s located. With the right assets, a manufactured home can be a smart investment and a comfortable place to call home. At New Durham Estates, we believe in educating homebuyers and helping them make informed decisions. If you have questions about manufactured home ownership, value, or what options may work for you, we’re always here to help!
