do you know anything good or bad about modular homes?

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bbq Says:
July 31st, 2009 at 8:14 am
yah. they are a fantastic price and come in so many options – if i had land i would totally buy one. now for the bad part. when the home is delivered, DROPPED actually, it can ruin a good thing. this from someone who owns one and saw it being delivered. damn near broke his heart when he saw them drop it and honestly -its all they can do to get it off the truck
James M Says:
July 31st, 2009 at 8:14 am
Modular homes tend to be built in the lower level economic areas. So they aren’t going to appreciate any if at all.

Given that, they are indeed a bad investment as far as a younger person is concerned. Regularly built homes, if purchased at a descent price, will appreciate 4 to 5% a year even in the worst areas of the country. Modular homes tend to be around the 0% or negitive on appreciation.

So you save a few thousand on construction costs but in the end its going to be a non appreciating asset.

Modular Home Prices