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Modular homes can go up or down in value depending on a few factors. In areas where real estate is appreciating, the value of modular homes is likely to increase, and vice versa. Additionally, the value of modular homes depends partially on the area. In cities where every other home is stick-built, modular homes might be considered a functional obsolescence, in which case they could be less desirable and go down in value. In either case, though, modular homes can still be a good investment, especially since they provide housing at a lower upfront cost.

Repiping a house is a worthy investment in several scenarios. Key indicators that it's time to repipe include having pipes that are over 50 years old, experiencing frequent leaks and repairs, or noticing signs of corrosion and low water quality. It is especially important to replace pipes made from certain materials; lead pipes can cause serious health issues, galvanized steel can lead to rusty water, and polybutylene pipes can leach chemicals into your water supply.

Investing in new plumbing can prevent costly problems like water damage and mold growth. New pipes can last anywhere from 50 to 100 years, saving you money on future repairs and high water bills. Repiping can also increase your home's overall value and improve efficiency, for example, by using PEX pipes for lines that don't carry hot water. The cost to repipe a house typically ranges from $1,500 to $15,000.

There are no strict rules for who is responsible for covering repair costs after a home inspection, as the issue is highly negotiable, except in cases of mandatory repairs. Major issues discovered during the inspection often lead to a renegotiation. The buyer might ask the seller to make the repairs as a condition of the sale, but it is more common for the buyer to use the estimated repair costs as leverage to lower the asking price. The seller may agree to lower the price to compensate the buyer or agree to fix the issues before the sale is complete. However, in a competitive real estate market, a seller might refuse to cover any repairs, knowing that other buyers may be willing to purchase the property as-is.

Regularly in areas prone to moisture or high traffic to catch issues early.