CIMG0239It’s a myth that manufactured homes don’t rise in value. Many people, including Warren Buffett, think manufactured homes are a good investment.

Case in point: In 2003, Buffet and his company, Berkshire Hathaway, plunked down $1.7 billion to buy Clayton Homes Inc., a manufactured-housing company based in Knoxville, Tenn. In his annual letter to investors in 2011, Buffett said his company should serve as a model for those in the government who want to reform the nation’s housing system [source:].

In fact, manufactured homes are just like any other homes when it comes to their resell value. When they are properly built and maintained, as ours are at Rose Lake Estates, manufactured homes may or may not appreciate just like site-built homes.

Their value depends on a variety of market factors, including:
• local housing market
• local community
• initial price of the home
• inflation
• age of the home
• overall condition of the home
• location of the home

When it comes to community and location of our manufactured homes, Rose Lake Estates is hard to beat. Located in Pendleton just twenty seconds from I-69, fifteen minutes from Fishers or Noblesville, and a part of one of the better school systems in Indiana, Rose Lake Estates is a wonderful and peaceful place to call home.

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