Remodeling projects with the best returns.
Many times people seem to feel that when they remodel their home and they spend say $10,000 on the project that now their home is worth 10k more. 90% of the time they are wrong.
It all depends on what you remodeled and if you paid a contractor vs DIY.
DYI will bring your greatest return. (Sweat equity)
Contractor remodel projects. Cost verse Value.
Roof replacement 70% of cost
Bathroom remodel 65% of cost
Kitchen remodel 70% of cost
Door or window replacement 101% of cost
Flooring replacement 85% of cost
Painting interior 115% of cost
Insulation or vapor barrier 100+% of cost
Vinyl siding 80% of cost
Air conditioner replacement 80% of cost
Because the total price of manufactured homes is substantially less than a traditionally built home, items that add value are generally not major renovations. Any cost-effective cosmetic issues that can be addressed inexpensively, such as carpets, interior and exterior paint, vinyl flooring, lighting fixtures, cabinets and counter tops can make a big difference to the beauty and value of a manufactured home. Major renovations such as additions and moving walls may be too expensive to bring enough value to the home.
So if you spent 10k on renovations by a contractor and wanted to list your home for sale when the renovations were completed, you would most likely only recoup on average 70-75% of the cost. If you were to live in your home for say a few years after completion, your cost to value would increase.
Renovations of mobile homes should not be to extravagant as you will never get your return back.