The book value for a manufactured, mobile, or modular home is considered a depreciated replacement cost in retail dollars. How can i find the value of my used manufactured home. Manufactured homes the mobile home tradein process. Depending on several important factors, however, a mobile home s value or resale. The majority of people looking for the value of their manufactured, mobile, or modular home are searching for a.
Clayton studio manufactured homes for sale clayton homes. This guide covers mobile homes built from 1970 to 2011, and adjusts for depreciation and condition. It has been providing mobile home blue book value information for. Once you have that, subtract 5% from the depreciation price for every year you have owned the mobile home. Youve likely heard of the kelley blue book when it comes to assessing the value of automobiles. 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. Mobile home bluebook value kelley blue book mobile homes. Are there other manufactured home blue book values mh village a leader in the manufactured home and mobile home marketplace.
Kelley blue book new and used car price values, expert car. This is really one of the very best options, because different manufactured homes will be worth different amounts in certain areas. The book value regards the make, model and year of a mobile home. Today, there is only one book that contains the blue book value. The book value of a manufactured home is much different than what most people think it is. It allows those who are interested in buying a manufactured home know what they should be expected to reasonably pay for a home and allows manufactured home owners know how much they can expect to get if they sell their home. Used car values are derived from averaging the sales of many cars. Talk to a local real estate agent to get a free mobile home value quote. How to calculate the value of a mobile home finding the book value locate the blue book. Nada national automobile dealers association has a guide blue book you can purchase from them that lists the value of the price of the a manufactured and. It is merely a tool for a quick approximation of the. Housebluebook is free, easy and fast online calculators and discount prices for cost estimating and designing home construction projects.
Over the decades, though, mobile homes have gained a somewhat unfair reputation for gradually losing their value. Most banks have the current nada guides since they offer loans for manufactured homes and need to remain uptodate on the current prices to evaluate the true value of these homes. Top kelley blue book mobile homes mobile home bluebook value kelley blue book mobile homes from the thousand photographs online concerning kelley blue book mobile homes, picks the top collections together with greatest quality simply for you and this photos is one of graphics selections within our ideal pictures gallery concerning top. Is there something like a kelley blue book for mobile homes. And, thats how you use the nada mobile home blue book to get the value of your mobile home. Where can i find a mobile home value or mobile home blue. 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. Because data is not stored on the sale of these homes, like it is with real estate, its often difficult to. Click here to see computer requirements ideal for buying, selling, lending, and insuring. The book value of a prefab home is a bit different than what most people would think. A manufactured home book value is just what that statement denotes. In this article, we will be taking a closer look at each of the websites. April 25, 2018 manufactured homes mobile while resale values for modular homes can appreciate, the same is not true with many manufactured homes. Kelley blue book mobile homes is one images from mobile home values nada of photos gallery.
The calculator does not provide insurable values which the underwriters will accept nor does it replace the nada tables. Our awesome manufactured homes are an affordable, smart option for families looking for their next residence. This image has dimension 1650x1275 pixel and file size 69 kb, you can click the. There are other sometimes more accurate ways to determine the value of your mobile home without having to purchase anything. Whether you are a seller who wants to make sure you. However, the nadaguides blue book for mobile homes is the most prominent one. In the case of manufactured homes, the blue book value is the most important value home buyers and owners can collect. The value of a used mobile home is not calculated the same as it is for a used vehicle. Mobile, modular and manufactured home value and price reports in seconds. Free mobile home value used mobile home book values. Value mobile homes buys and sells mobile homes in parks and on land, and wed be. Mobile home prices how to find blue book value of mobile. 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.
Free manufactured home book value mobile home loans. The blue book value of a mobile home is exactly what it sounds like a numerical value found in a book. There used to be several books or guides that were used to evaluate the value of a manufactured. Nada blue book values for used cars, certified preowned cars and more, brought to you by the national automobile dealers association. It provides an average value based on this information. It is considered a replacement cost in retail dollars. Currently the nada book value is to manufactured homes, what the kelly blue book is to automobiles.
Selling a mobile home might seem easier than selling a house but with little information available and almost no data transparency for the market, it can be extremely difficult for owners to find mobile home values quickly, accurately and easily. 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. Kelley blue book manufactured housing used value guide. Calculate mobile home value mobile homes tons of free. Since the kelley blue book specifies only on automobiles, learning how to use your other resources effectively is very important. Typically, the dealer will use a combination of wholesale book value as determined by n. To aid in selecting the correct model on kelley blue book, be sure to know the number of axles on the motorhome of your choice as well as the weight, length, and width of the vehicle. Nada national automobile dealers association has a guide blue book you can purchase from them that lists the value of the price of the a manufactured and mobile home. Free manufactured and mobile home values bluebook price. Why should a consumer know the book value of their home.
Kelley blue book mobile homes is one images from mobile home value estimator of photos gallery. Kelley blue book new and used car price values, expert. We want to remind you that this is a free service for. Manufactured home dealers or wholesalers often have their own to ensure that they treat all their customers equally and on a fair basis. The kelley blue book, which coined the term blue book, is the original source for determining the loan value on used mobile homes.
Many people look for the kelley blue book blue book or. Mortgage companies often get reports to assign rough values to mobile homes when approving loans. This resource is comparable to the kelly blue book. Free mobile home values get a instant online report now. 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. Free manufactured and mobile home book value when you list your home on mhvillage. This book value request is for a value report based on information supplied by you. Value is to manufactured homes, what the kelly blue book is to automobiles. All book values are calculated by certified manufactured home appraisers using the official nada. Free manufactured and mobile home values bluebook price guide. Please give me the blue book on the following trailers. Kelley blue book regularly updates its snowmobile values to give. Ultimately, it becomes the unofficialofficial mobile home blue book. Check car prices and values when buying and selling new or used vehicles.
In the united states, the nada manufactured housing appraisal guide is the blue book used to. To properly value a mobile home, an appraiser must first visit the dwelling and determine its overall condition and any repairs needed. The second type of home value method for manufactured homes is the book value. For over 40 years, kelley blue book has been the trusted resource for snowmobile values and pricing. The book value is calculated the same way the value of a car is calculated, via an algorithm.