Typically it's the land that appreciates, faster if it has a house or other permanent structure, though that does include mobile homes. If the land is rented,

Typically it's the land that appreciates, faster if it has a house or other permanent structure, though that does include mobile homes. If the land is rented, the mobile home will often depreciate, much like a used car. Nobody wants to live in a mobile home with 1970's decor. So those owners are likely going to take a bath.