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Updated over 5 years ago on . Most recent reply

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40
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Carl Ohai
2
Votes |
40
Posts

Mobile Home (double wide) VS Stick-Built and Comps?

Carl Ohai
Posted

Suppose you are trying to compare comps in a given neighborhood. What % of a value do you figure a double wide mobile home represents compared to a stick-built house of the same size and condition?

For example, let's say a given neighborhood has 2 1800sqft homes for sale. Both are in the same condition, with the lots being the same size, similar landscaping, both with a garage, etc. For the sake of argument, assume they are both about 5 years old and the stick-built home is built on a slab.


What do you think the mobile home value is compared to the stick built house? If the other comps indicate the stick built house is probably at about $250,000, what would the mobile likely be? $200,000? 

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