Quote:
Originally Posted by MightyDog
Was trying to decide where to post this question so, I'll pose it to you, Dusty.
As a sort-of adjunct question to the original one -- I'm interested in how the manufactured homes appreciate/depreciate over time. When looking at real estate listings, I've been a bit surprised at how much some homeowners have been willing to invest in remodeling an aged (40+ years), manufactured home.
There has to be a point, related to age or neglect, where maintaining or improving one of those begins to have diminishing returns. Would you say that is mostly accurate? If so, what is the general age where the building itself begins to depreciate and it's mostly only the land value that's relevant? Thanks...
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I have thoroughly enjoyed this thread -- very informative and OBB's atmospheric descriptions gave me a chuckle.
Wanted to bring my earlier post back to the top to see if anybody has any input about the bolded, in particular. I think it likely there isn't an ironclad point in time where the manufactured homes stop appreciating but, there's probably a general age.