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Updated about 4 years ago on . Most recent reply

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8
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1
Votes

Mobile home Appreciatie or Depreciate

Esmeralda Garcia
Posted

So over time if I purchase this property the value right now is on the

mobile home because it is new. 3 bedroom 2 bath gorgeous home that I am

planning to rent out for $1200 and an older home built in 1930 2 bedroom

1 bath in good shape and well maintained for $850 a month. This is a

cash purchase from my retirement acct. So will the value for this mobile

home appreciate with time since it is the one with value for now, I

hear mobile homes depreciate over time. Will I eventually be losing

money since the smaller home is only valued at around 30k.

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