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manufactured homes

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Old Jan 16, 2007 | 09:23 AM
  #1  
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Default manufactured homes

My wife and i are going to upgrade houses this year. we were talking, and i had heard alot of good things (marketing) about pre fabbed houses.

anyone have any advice or experience?

here is a site with what we have found in our area so far.

http://www.ncmodulars.com/index.htm

thanks

Dave
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Old Jan 16, 2007 | 09:33 AM
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don't mfg. homes depreciate over time...? you'll have equity on the land you own but never on the home itself. at least thats always been my understanding of it.
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Old Jan 16, 2007 | 09:42 AM
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all houses depreciate over time. dale earnhardt jr. lives in a modular mansion.

depending on where u live i guess its acceptable to sport the modular home. Personally, i cant pull it off tho.
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Old Jan 16, 2007 | 10:14 AM
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Originally Posted by trainwreck,Jan 16 2007, 10:42 AM
all houses depreciate over time.
i don't think so.

it's actually the other way around. a house is supposed to be an investment in a lot of cases. my parents bought a brand new house in 1998 for $145,000... 6 years later (2004) they sold it for $198,000 and replaced it with a brand new $254,000 home. they had it appraised late 2006 at a little over $300,000.

some of the more expensive houses in eugene are in an area called "college hill" where most of the houses were built 1900-1920... they're $700,000-$1 mil now. not exactly depreciating...
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Old Jan 16, 2007 | 10:34 AM
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I've considered modular homes in the past. From the info I received back then they tend to be more solidly built than traditional stick built homes. They are also built to tighter standards and are more easily and affordably customzed in the design stage. Construction takes less time as well.

I have never heard that modular homes are worth any less than their stick built equvalent.

Basically the only draw back I found was that you kind of have to play construction foreman yourself unless you want to pay way more to get the house done. We were building out of state so didn't go that way.
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Old Jan 16, 2007 | 11:13 AM
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build a post & beam house. I love those. efficient, durable, beautiful, and extremely flexible since interior walls are not load bearing might stand out a bit though unless you live in the woods
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Old Jan 16, 2007 | 11:19 AM
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Are you thinking of a MOBILE home? Like a trailer? Like a trailer park? Like where they shoot every episode of COPS...

[QUOTE=C_Unit,Jan 16 2007, 01:33 PM]don't mfg. homes depreciate over time...?
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Old Jan 16, 2007 | 11:32 AM
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Originally Posted by Scot,Jan 16 2007, 12:19 PM
Are you thinking of a MOBILE home? Like a trailer? Like a trailer park? Like where they shoot every episode of COPS...



I think Manufactured houses are brought in big pieces and put together onsite... to the untrained eye I think it is impossible to tell. I have heard that they are actually better built since they have to not break on the trip to the house site.
maybe....?

is there a difference between a modular and manufactured home???

i know that the standard in our newspaper for classifying a mobile home versus a manufactured home is a "mobile" is anything manufactured before 1978... and anything after 1978 is considered a "manufactured." but they're pretty much one in the same...

down the street we have a "neighborhood of manufactured homes"... it's basically a PC way of referring to a "trailer park." they have all these signs outside like: "own a home today! bad credit? no problem!!!" THAT is what i'm referring to...
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Old Jan 16, 2007 | 11:46 AM
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modular homes are built in large pieces, taken to the lot, and connected, wired, plummed, etc. They will generally even put in siding, windows, etc in the factory.
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Old Jan 16, 2007 | 05:24 PM
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I've seen them use some homes like these on Extreme Home Makeover. My girl and I have also been considering these as an option, the real estate where we live is unbelieveable. There are cabins that are falling apart going for upwards of 100k that were built in the 40's and single wide trailers are close to pushing 90k on a small piece of land, so it would make something like this much more of an option.
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