Published By: Next Step & Clayton

Published: December 2022

This white paper explores the growing body of evidence showing that modern off-site built homes – including manufactured, modular, and CrossMod® homes – can appreciate at rates comparable to site-built housing when properly sited, financed, and maintained. Drawing on national research, federal housing data, and real-world case studies, the report challenges outdated assumptions about factory-built housing and highlights its potential to support long-term wealth building for homeowners.

The paper examines how off-site construction can help address the nation’s housing supply gap by delivering high-quality, energy-efficient homes at price points accessible to entry-level and middle-income buyers. It also outlines the financing pathways, zoning barriers, and policy considerations that influence appreciation outcomes, with a specific focus on CrossMod® homes and conventional mortgage eligibility.

What You’ll Learn

• How off-site built homes have appreciated in value alongside site-built homes
• Why permanent foundations, real-property financing, and neighborhood context matter
• The role of CrossMod® homes in expanding access to mortgage financing
• How zoning, stigma, and local land-use policies impact adoption
• Why factory-built housing is a critical tool for scalable, affordable homeownership

As housing affordability challenges persist nationwide, this white paper provides data-backed insights for communities seeking solutions that support equity building, neighborhood stability, and long-term homeownership opportunities.