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Updated almost 8 years ago on . Most recent reply
Best way to value an older mobile home
Looking at buying a mobile home in ND as I have connections there.
What is the best way to value an older mobile home? 2000? 1997?
Thanks for your help.
Most Popular Reply
John Fedro said it best. Went something similar to: When trying to find the value of a mobile home in a park it depends hugely on the motivation of the seller. If a family loses their job and needs to move asap then the value of the home is much less due to their need to sell. If a family has savings and can sit on their home waiting for a better price then it's worth more. Basically saying it's all depends on the motivation of the seller. Granted this is a method used for mobile homes in parks. On land a simple comp would suffice.