manufactured vs. modular
Posted: Fri Jan 30, 2004 10:04 am
We are currently looking into buying either a manufactured or a modular home. We are hoping to buy a home that we will be in for a long time (15+) and we own our land. I have heard the terms on-frame modular, off-frame modular and manufactured and while the dealers we are talking to have given us a very good explaination of the differences in construction between these three, NOBODY has been able to tell us what the difference would be to us in the long run financial. Example being one dealer tells us that manufactured depreciates and another tells us it appreciates the same as a stick built. But of course they are trying to sell so I do not trust what I am being told. We definitely wanted a modular but fell in love with a model that is only available manufactured. Can someone please tell me what the difference is between the three as far as the long term financial outlook?