Previous photo in the gallery is our complete guide values bluebook value pagebluebook. We compile a report of similar homes currently or recently on the market, in order to give you an idea of where your home would fall. The book value for a manufactured, mobile, or modular home is considered a depreciated replacement cost in retail dollars. The value of a used mobile home is not calculated the same as it is for a used vehicle. Here you can to get an online appraisal for the book value of your. It is considered a replacement cost in retail dollars. Yes, while the book resources typically dont take the value of land and other. The calculator does not provide insurable values which the underwriters will accept nor does it replace the nada tables. Please give me the blue book on the following trailers. Find out how much your prefab home is worth clayton studio. When it comes to manufactured homes there are two different methods used to get a homes value. In the united states, the nada manufactured housing appraisal guide is the blue book used to.
Whether you are a seller who wants to make sure you charge a competitive price or a buyer who wants to make sure the price being quoted is fair, or even a professional who needs to sign off on a loan, this is an invaluable resource. Feb 11, 2019 whatever method you choose, there are four major factors to consider when calculating your homes value. The book value for a manufactured, mobile, or modular home is considered a. Our graphics help you to visualize the data, making large. Despite that, thousands of mobile home owners must either guess the value of their home or pay high valuation fees to get a better estimate of the final sale price. It uses the make and model of a home, the size and upgrades, and its age to estimate the home s value without the land. And, thats how you use the nada mobile home blue book to get the value of your mobile home. At the customers request, we will calculate the book value and use it as the cost approach for a marketbased mobile home appraisal. Oct 02, 2019 the second type of home value method for manufactured homes is the book value. Keep in mind that these are estimated mobile home prices for new homes, and obviously things like depreciation and upkeep will play a role in home values over time. Oct 09, 2017 once you have that, subtract 5% from the depreciation price for every year you have owned the mobile home. May 02, 2017 typically, the dealer will use a combination of wholesale book value as determined by n. Many people look for the kelley blue book blue book or nada value, but to get a good value on all the specifics of your home, you may have to purchase a book for just one time that youll never use again. It uses the make and model of a home, the size and upgrades, and its.
It is merely a tool for a quick approximation of the insurable value range for obtaining a quote. Buying home retail value and wholesale values when applicable. Free manufactured and mobile home value report get a used mobile home price guide free for mhvillage listings all book values are calculated by certified manufactured home appraisers using the official nada manufactured housing cost guide. Mobilehome values might rise as fast as regular homesheres. Mobile homes for sale with 1995 on oodle classifieds. The home price index for manufactured homes also known as mobile homes featured an average annual growth rate of 3.
Youve likely heard of the kelley blue book when it comes to assessing the value of automobiles. Free manufactured and mobile home values bluebook price guide. A mobile home sitting on land also owned by the homeowner generally. Land appreciates, but mobile homes depreciate, much like cars. Along with mobile home book values, datacomp can provide costbased valuations, used to calculate the average depreciated retail value.
Youll then be presented with an easy, comprehensive. Mobile home book value reports cost based valuations. Used car values are derived from averaging the sales of many cars, while used mobile home values are represented as the depreciated replacement cost in retail dollars. Mobile home prices how to find blue book value of mobile homes. When it comes to manufactured homes there are two different methods used to get a homes. This image has dimension 1650x1275 pixel and file size 69 kb, you can click the image above to see the large or full size photo. We are a proud recipient of the 2015 manufactured housing institute award for our dedication to the manufactured housing industry and our continual commitment to building innovative valuation and pricing products. Mar 28, 2017 if youre looking to resell or buy a used mobile, or manufactured, home you need to know its value.
The book value is calculated the same way the value of a car is calculated, via an algorithm. For complete instruction on the use of the cost guide, turn to page 5a in the front of the cost guide. You simply just browse the book and search for the. If youre looking to resell or buy a used mobile, or manufactured, home you need to know its value. Mobile homes for sale with 1987 on oodle classifieds.
Below are 19 best pictures collection of mobile home values nada photo in high resolution. By definition, depreciated replacement cost is the cost to replace an item, less accrued depreciation. Please take your time and be as complete as possible. The price of a mobile home is determined by its nada appraisal guide value. Whether you are a seller who wants to make sure you charge a competitive price or a buyer who wants to make sure the price being quoted is fair, or even a professional who needs to sign off on a loan, this is an. The second type of home value method for manufactured homes is the book value. How to figure out how much someone will pay for your home. Mobilehome values might rise as fast as regular homes. You can estimate your homes value on your own, do an online appraisal, or have an inperson appraisal done. Oct 07, 2018 the home price index for manufactured homes also known as mobile homes featured an average annual growth rate of 3. Many people look for the kelley blue book blue book or nada value, but to get a good value on all the specifics of your home, you may have to. Is there something like a kelley blue book for mobile homes. It provides an average value based on this information. A perception exists that all mobile homes lose their value over time, but thats not completely accurate.
Mobile, modular and manufactured home value and price reports in seconds. Find the value of your mobile home and, thats how you use the nada mobile home blue book to get the value of your mobile home. Mobile home book value reports cost based valuations datacomp. The values indicated on value reports generated by our manufactured housing online request form and mh connect for used homes are intended to be used as guidelines only. All book values are calculated by certified manufactured home appraisers using the official nada manufactured housing cost guide. Free mobile home value used mobile home book values. Kelley blue book mobile homes is one images from mobile home values nada of photos gallery. A guide does not publish values for mobile homes built prior to the 1976 hud code implementation. You can estimate your homes value on your own, do an online appraisal. It uses drooms proprietary technology and data science to come up with fair market price of used cars, bikes and scooters, and utilises scientific data to get the exact value for the vehicle.
The book value of a manufactured home is much different than what most people think it is. Mobile homes are priced relatively cheaper than regular homes. Free manufactured and mobile home values bluebook price. The basic book value is for consumers with limited knowledge of the mobile or manufactured home, giving a snap shot andor a general idea of the homes possible value. Today, there is only one book that contains the blue book value of mobile homes. Calculate mobile home value how to find out the value of your mobile home. The advantage in having the cost approach done by someone who understands the home and home terminology allows for assurance of consistent value over time. Kelley blue book manufactured housing used value guide. Depending on the type of report requested, most reports include an industry formula for possible value options that may be present in the home. How to determine the value of my mobile home ez mobile.
We want to remind you that this is a free service for our mortgage customers, who can receive a maximum of 3 free book values in any calendar year. Mar 28, 2017 mobile homes are priced relatively cheaper than regular homes. The majority of people looking for the value of their manufactured, mobile, or modular home are searching for a similar value to what they would find in an automobile value. Our mobile manufactured home system provides users with the ability to determine replacement cost and actual cash value on manufactured or kit homes. Its important to note, mobile home pricing isnt standardized and even new models can be priced. Orange book value works as an independent value calculator for cars, bikes and scooters that determines secondhand vehicle prices. Frustrated with trying to find your mobile homes value.
What does the book value for a manufactured home represent. It uses the make and model of a home, the size and upgrades, and its age to estimate the homes value without the land. Us mobile home pros gives you the tools needed to analyze data for your home in one place. Used mobile valuation india, used mobile price calculator. Value mobile homes buys and sells mobile homes in parks and on land, and wed be happy. Whether you are a seller who wants to make sure you charge a competitive price or a buyer who wants to make. If the owner of a mobile home doesnt own the land the house sits on, that greatly affects the homes value. Manufactured housing national appraisal system nas. The book value regards the make, model and year of a mobile home. They are also less expensive to maintain, making the overall cost of living in a mobile home more feasible than in a traditionally contractorbuilt home. For instance, if you have lived in your mobile home for two years, the value has depreciated by 10%. Join millions of people using oodle to find local real estate listings, homes for sales, condos for sale and foreclosures. Mobile homes sell for various prices which are affected by the mobile home itself, the lot, the condition, the park, the community, original manufacturing standards, the size, category, and even whether youre including furniture in the sale. Its important to note, mobile home pricing isnt standardized and even new models can be priced differently depending on the sales lot.
This resource is comparable to the kelly blue book. The system is as easy to use as our mainstreet residential continue reading manufactured home. The book value of a prefab home is a bit different than what most people would think. This book value request is for a free value report based on information supplied by you. A leader in the manufactured home and mobile home marketplace. Please go to nada guides to get your mobile home book value reports. Free mobile home values get a instant online report now. We offer the ability to value single, double or triple wide mobile manufactured homes, as well as kit and log homes. One of the first steps when selling your mobile home is to learn what its worth.
Mobile homes are like cars in that there is a blue book for these homes called the nada guide, but ask any mobile home appraiser and they will laugh if you mention this. How to find a mobile home blue book value free sapling. Yes, while the book resources typically dont take the value of land and. You simply just browse the book and search for the type of mobile home that you have. Once you have that, subtract 5% from the depreciation price for every year you have owned the mobile home. Click the image for larger image size and more details. Jul 24, 2018 if the owner of a mobile home doesnt own the land the house sits on, that greatly affects the home s value. The advantage in having the cost approach done by someone who understands the home and home terminology allows. Copy of book value report this book value form is found in the back of the nada manufactured housing cost guide and is designed to walk the book user through the various steps to finding a book value.