Also the land that you permanently place your modular home on is very important. If you have your modular home placed in a quiet residential zone, its resale value will benefit. If the modular home is placed in or near a busy commercial area you will lose resale value. The zoning and building codes of your building site will have a big impact on your resale value. Now let's talk about the resale value factors of modular houses. That is why it generally will have the same resale value of a stick built home. Once a modular home is placed on its permanent foundation it should be almost impossible to distinguish it from an on-site stick built home. Modular homes follows the same building code of on-site stick built homes. Mobile homes and manufactured HUD homes are also subject to special zoning which hurt their resale value. Those homes are not placed on permanent foundations like a modular home is. We are not talking about mobile homes or manufactured HUD homes. A modular home resale value is generally the same as stick built home.īefore we get into those factors we should spend a little time clarifying what we mean when we are talking about modular homes.
Just like a stick built home the resale value of a modular home is dependent on multiple factors. The most accurate answer to this is question is that it depends. This is a very logical question to ask before you make the biggest purchase of your life. A common question new home buyers ask is "What is the resale value of modular homes?".
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