i think you can buy an equivalent prefab home these days for about $125k. A bit of inflation over $84k, but not approachable. But the appreciation formula for such types of houses hasn't changed - still lower than traditional stick or stone.
Ah, yes, the popular urban myth that houses in cities are made of gold and platinum (or similarly expensive materials) while the houses built on the periphery are doomed by planned obsolescence. Thank you for telling us that isn't the case.
There's a heckuva lot more than that. In the vast majority of cities, the land isn't worth a fraction of everything else involved. You can't just pay your 10k(or even 100k) for a plot, 125k for a prefab, then call it a day. If you could, house values would absolutely plummet.
You've got the permits, the foundation, driveway, utilities, and the whole issue of paying someone to put the parts together, to name a few.
