finding used Manafactured Home Values...Any Realtors out there ???

Ask a local realtor in your area to do a BPO (brokers Price Opinion) also known as a CMA (Current Market Analysis), this is a standard 'service' they are used to being asked to do and they should not charge anything, If you come across a realtor who wants a fee move on to the next.

Basically what they do is find 3 listed similar properties and 3 recently sold similar properties and the prices they are listed/sold for, then they use simple math (add all 6 and divide by 6) and also adjust for certain deficiencies or upgrades one may have over another to come up with a valid market value, they will sometimes provide you with a print out or a 'report' with this info.

It is similar to the formula an appraiser may use to come up with a value on the home but much less work, usually completed on a more general info basis where as an appraisal is more analytica and detailed.

You can also do some research yourself by going to realtor.com and look up similar properties in your area that are for sale to get an idea of what MFG homes on certain acreage are selling for in your area. This will give you an educated knowledge to analyze the BPO/CMA from the realtor for accuracy.

 

You can also go to zillow.com and type in the address. They give the current market value.

 

The real important question is what is it worth to you?

That's the bottom line...what is it worth to you. I assume we're
talking about a home you, you family, would be living in. So look
at it well, discuss it, pro's and con's and make your offer.

You say the realtor says $25-$30,000? But you say it needs some repair?
Things you can do, things you need professionally done? You've looked at
it. Tell us what you feel it's worth to you as-is.

Make the realtor a realistic offer.

 

We bought our doublewide in 2007, for $48,000 new. It's in good condition with no need of repairs and still has a market value of $36,000. It's depreciated $12,000 in 4 years. We've made no improvements beyond adding a wood burner, which did add a bit to the value. Our doublewide is situated on our original 13 acres and is 1300 sq feet. All I would need to do is clean it if we were to move out and sell.

I'd say $25-30K might be pretty fair, unless the damage is extensive. You're looking at a depreciation of almost $20K in 2 years.

I'm no realtor, though.

Hope this helped.

Blessings-
Em

 

Just curious...what's the value of the land in Florida?
30 arces m/l has to be worth something.

I'm was looking at 10 acres here (Ohio) but at $100,000.00
I think the owner bumped his head. Granted, it is flat and it
is on the four-lane highway. But still way too much. Just a big
hayfield right now.