Homeowners who complain about the depreciation of their pre-fabricated dwelling could have avoided many pitfalls if they had made the right decisions at the time of purchase. It is important to do the homework and know exactly what elements to include in the purchase in order to achieve equity and regard the purchase as an investment. This makes it much easier for selling a manufactured home in the long run.
While trailer parks often offer free move-in specials, having ones investment placed in such a location can make selling it more difficult later. If the plan is to keep the property as a rental, then having it in a park will not be as much of a hang-up. However, while in-between renters, one can expect to be paying the lot rent and maintaining lawns and structures on the property.
There are subdivisions and communities with acreage in rural areas that encourage manufactured homes to be part of their neighborhoods. Some of these are vacation properties for people in the cities, even though these neighborhoods often will accept nothing smaller than a double-wide. Some lots can be five or more acres, making it a highly desired estate community.
Single-wide homes are not only difficult to sell, but they deteriorate at a very rapid pace when kept as rental properties. There are many pre-fab communities that do not allow anything smaller than a double-wide. These restrictions are established due to their deterioration, and also due to the fact that single-wides are the culprit in more fatal trailer fires than double, triple, or quad-wide homes.
Central heat and air is a trait which helps any house maintain value for resale. Some of these homes have very thin walls and simply do not hold in heat or cold; especially from space heaters or window units. Window units can drip moisture in the window, causing damage, as well.
These variations in quality are quite noticeable in the element of wall thickness and whether or not the windows are double-paned. Having walls at standard size for a stick-built dwelling increases the overall value of the place due to the increased efficiency of the existing HVAC system. Double-paned windows might not prevent a window-unit from leaking, but it will keep cool air inside.
Truly fortunate customers are able to choose all their options in the beginning, and they may even be able to go and see their house built at the factory. These guys get to choose shingled roofs that match the trim, giant bathrooms with big tubs, and separate showers with glass doors. All of these touches will increase the price, and it also increases the value at resale.
It is not uncommon for a homeowner to upgrade their place by hanging sheetrock. This increases the value, as does a cinderblock with painted stucco skirting. In fact, once you have wood floors, a luxury bath, shingled roof, and expansive front and back decks overlooking a wooded acreage, there really would be no good reason to ever sell that house.
While trailer parks often offer free move-in specials, having ones investment placed in such a location can make selling it more difficult later. If the plan is to keep the property as a rental, then having it in a park will not be as much of a hang-up. However, while in-between renters, one can expect to be paying the lot rent and maintaining lawns and structures on the property.
There are subdivisions and communities with acreage in rural areas that encourage manufactured homes to be part of their neighborhoods. Some of these are vacation properties for people in the cities, even though these neighborhoods often will accept nothing smaller than a double-wide. Some lots can be five or more acres, making it a highly desired estate community.
Single-wide homes are not only difficult to sell, but they deteriorate at a very rapid pace when kept as rental properties. There are many pre-fab communities that do not allow anything smaller than a double-wide. These restrictions are established due to their deterioration, and also due to the fact that single-wides are the culprit in more fatal trailer fires than double, triple, or quad-wide homes.
Central heat and air is a trait which helps any house maintain value for resale. Some of these homes have very thin walls and simply do not hold in heat or cold; especially from space heaters or window units. Window units can drip moisture in the window, causing damage, as well.
These variations in quality are quite noticeable in the element of wall thickness and whether or not the windows are double-paned. Having walls at standard size for a stick-built dwelling increases the overall value of the place due to the increased efficiency of the existing HVAC system. Double-paned windows might not prevent a window-unit from leaking, but it will keep cool air inside.
Truly fortunate customers are able to choose all their options in the beginning, and they may even be able to go and see their house built at the factory. These guys get to choose shingled roofs that match the trim, giant bathrooms with big tubs, and separate showers with glass doors. All of these touches will increase the price, and it also increases the value at resale.
It is not uncommon for a homeowner to upgrade their place by hanging sheetrock. This increases the value, as does a cinderblock with painted stucco skirting. In fact, once you have wood floors, a luxury bath, shingled roof, and expansive front and back decks overlooking a wooded acreage, there really would be no good reason to ever sell that house.
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