Sometimes we find that a previous owner did not understand the How do I find out how old a mobile home is and who manufactured it?.
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- Mobile Home Remodeling - 9 Totally Amazing Before and Afters - Bob Vila
- Built Better, Buy Skyline.
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Beautiful Family Park , open floor plan. Perform some research instead. You can compare your home to other mobile homes that have sold in your area recently. You may also hire an appraiser. To calculate the approximate value of a mobile home, visit your library to see if they have a copy of the the NADA Manufactured Housing Appraisal Guide or use Zillow's website to compare prices on similar homes.
Mobile Home Remodeling - 9 Totally Amazing Before and Afters - Bob Vila
For an exact appraisal of your home in its current condition, hire a local appraiser or real estate agent. For information from our Real Estate reviewer about getting an appraisal, read on! This article was co-authored by Carla Toebe. Categories: Mobile Homes.
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Learn why people trust wikiHow. Co-authored by Carla Toebe Updated: March 29, There are 18 references cited in this article, which can be found at the bottom of the page. Method 1. Locate the blue book. Look in the book for your type of manufactured home, and then follow the step-by-step guide for calculating the retail book value.
Your calculation will depend in part on the condition of the mobile home. Visit the NADA website. Alternately, you can submit an online request for a value report at the NADA website. However, you must pay in order to get a report. You can use this report if there are no unique features to your mobile home. Provide the requested information. The NADA guide will estimate the value of your home based on the following factors:  year the home was manufactured manufacturer size of the home width and length where you are located state and region condition of the home other features, such as granite countertops, hardwood floors, garages, etc.
Receive your report. After submitting your online request, you will instantly receive your report. Understand the limitations of the book value. The book value does not take into account the value of your land, which is often more valuable than your mobile home. Method 2. Research comparable sales in your neighborhood. Each local real estate market is different, and the book value cannot account for whether your local market is hot or not.
Make sure to look at how much comparable mobile homes have sold in your area. Find mobile homes around the same age as yours and about the same size. Sales also need to be recent.
The market was different four years ago than it is today. Your comparison properties should be located within half a mile of your property if you live in the city, a mile of your property if you live in the suburbs, or 5 miles of your property if you live in a rural location. Assess the condition of the home's interior. The overall condition of the mobile home will impact its value. Visit the mobile home and try to inspect the inside. The more repairs you need to make, the less value the home has. Pay attention to the following factors:  Roof.
Look for signs of a leaky roof inside the mobile home. In particular, water damage should show on the ceiling or walls. Check the stability of the walls and whether there is any mold. Look for holes or soft spots on floors. Also check whether the floor is uneven. Some water leaks may be caused by leaks in the plumbing. Also check the water pressure. Check outlets and turn on light switches to see if the electricity works. Inspect the outside of the home. Repairs often have to be made to the outside of the mobile home.
Walk around and assess the following:  Roof. Don't rely solely on the absence of water marks inside. Instead, check the exterior of the roof by walking on it and looking for soft spots, holes, or missing shingles. Check whether siding is damaged, rotting, or dented. Also assess the overall aesthetic quality.
Built Better, Buy Skyline.
Ugly siding can reduce the value of the home. Definitely check the underside to see how stable it is. If necessary, remove some pieces of skirting and use a flashlight. Check for insulation hanging down or junk and debris strewn all over the place. Also check whether animals are living under the home. Make sure the home has tie downs that connect the home to the ground. These will be necessary to get loan funding to pay for the property.