How to comp a MH surrounded by SFH

[Carrie Cavins]

I am looking to purchase a MH in a MHP that is tucked in a very large SFH development. I have not found other MH for sale in the area to comp with. I have found a park 20 miles away with homes that are 15-20 years newer, as well as MH 35-40+ miles away on land. How do I put a value on the home to make a fair offer? Thank you

[Rachel H.]

If you can't find a park nearby, you may want to check with the local mobile home dealerships. Usually, I find them a great source of information. They may be able to help with values in the area as well as what people are willing to pay (i.e. cash, rental, payments, etc) for the mobile home depending on its criteria. Hope that helps!