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Updated almost 10 years ago on . Most recent reply
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Having trouble comping a Manufactured Home, any tips?
Hi, I have a lead for a 3/2 manufactured home, however I'm having a heck of a time pulling comps. No similar properties sold in the last 2 years. Any tips? Thanks!
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Depends if it's on a lot, land or in a park. Lot and land possibly MLS. But not always useful.
For parks - You can check MHVillage for prices in your area. Investor group, Craigslist, park managers/owners, MLS. It is sometimes difficult. Something that you get a handle on once you've done a few in an area. I don't go by comps. I have done enough in my area to know price ranges.
I have sold them for higher than people told me I could get. Eye of the beholder!