Kelley blue book used mobile home prices

The Blue Book essentially lists the most reasonable value of various commodities. In the case of manufactured homes, the Blue Book value is the most important value home buyers and owners can collect. 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. In addition, the value helps determine what the worth of the home is for tax purposes.

How is this value determined?

Custom evaluations are primarily given to a particular manufactured home to appraise the approximate value. The list of factors considered during an evaluation include floor measurements, floor counts, the property and its various improvements, the current conditions of the structure, the materials used in the building of the structure, the home’s location, accessories involved in adorning the structure and any and all optional features.

The Kelley Blue Book does not offer any value for manufactured homes, but the NADA Blue Book does. If one goes to NADAGuide.com, a $20.00 fee will allow access to such figures, which many people are attempting to acquire even now. Average totals range from around $57,000.00 to $83,000.00, but each manufactured home will be different in value because of its particular uniqueness. That is why evaluations have to be made before purchasing and selling a manufactured home.

If you are interested in getting the value of your manufactured home, be sure to look at the NADA Blue Book guide. This can help you when selling to determine what your asking price should be and is helpful when buying to be sure you’re getting a good deal.

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. For a more precise appraisal, visit the NADA website and fill out an appraisal form, but expect to pay around $26. 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!

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Market Value is the value based on an appraisal of the home installed on a leased space, or on land owned.  This appraisal will list comparable homes, hopefully in the same park, that have sold in the last 3 to 6 months.

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.  This guide covers mobile homes built from 1970 to 2011, and adjusts for depreciation and condition.





Value Range

Used mobile home values can vary from literally $0.00 (pay to haul it away to the dump) to well over $1,000,000.00. There are some mobile homes going for over $2,000,000.00 in Malibu and Pacific Palisades, CA.

Obviously these are the extremes.  So mostly you will find used mobile home prices located in a park (leased space) for $20,000 to $100,000 across the country.

In some areas, such as much of California, used mobile home values are above $50,000, and most properties near the coast are well over $100,000.  For more information about your area we recommend contacting a Real Estate Agent that lists and sells Mobile and Manufactured Homes regularly.  A list of them can be found by going to our Agent page.

When it comes to an installed home on private land or in a nice park, the location is the biggest factor (the Real Estate market in general), then is the size, age, then condition.  You can easily find two very similar homes in terms of age, size, and condition - but in different Mobile Home Parks - with values that are $100,000 or more different.  Most of the time this is unexplainable.





Used Mobile Home Values will vary based on condition, size, and location

Kelley blue book used mobile home prices

Compare this home to the next home

Kelley blue book used mobile home prices

Age is a big factor in determining the value 

Used mobile home values will be less if the home is not installed on land or on a space.  A newer home will depreciate like a car, losing half it's value in the first two to three years based on just the value of the unit.  However, if installed in a nice location (on private land or in a nice park) then the market value will go up and down like other Real Estate.

Here is an example of a newer home vs. an older home price: 1973 double wide in a nice family park might fetch $120,000 in Carpinteria, near the beach in California.  In the same park a newer home of the same size will go for $250,000 or more.

Market Value

The market value of a mobile home is found by comparing like-kind (comparable) homes that have sold in the last 3 to 6 months within a certain distance from the home being appraised.  The appraiser considers: time, condition, number of bedrooms and bathrooms, size, and of course location of each property.  He will then come up with a value adjusting up and down for each factor.  In this way, used Mobile Home values are determined using actual closed sales as comparables.

A market value is not the same as exactly what the home WILL sell for, but rather an approximate sales price.  Quite a few homeowners see their appraisal and get upset at the low value.  Getting financing for your Manufactured or Mobile Home will require an appraisal, and it may even require a home inpsection too.

An appraisal of the home will get you the best idea of what your home is actually worth.  For our appraiser page, click here.

NADA guide

The NADA guide will give you a value just based on the year, make, model, size, and condition of your home...that's it. Some lenders will just go off of this to come up with a maximum amount to lend on, but most will want a market value based on an appraisal.

For all transactions, we suggest getting a market value based on an appraisal of the home assuming it is or will be located on a certain spot.  Only in the case of buying a used mobile home that is going to be moved to a space would you need the NADA value - but it is still nice to know and have.  By Will Cunningham

How do you find the value of a mobile home?

You can find the sale price at your county recorder's office or by looking at websites such as Zillow..
The mobile homes need to be comparable in terms of size, age, general condition, and the amount of land..
You are unlikely to find an exact match, but you don't need an exact match. ... .
Sales also need to be recent..

What is the typical lifespan of a mobile home?

A report done by the Manufactured Housing Institute placed the average life expectancy of a manufactured home at 55.8 years (mhvillage.com). With the proper upkeep and maintenance, manufactured homes have a long-life expectancy, with the potential to last forever.

How much does a used mobile home cost in Florida?

Buying a Used Mobile Home The average price of a used mobile home in Florida is around $47,853, but options can range far below or above this.

How can I increase the value of my mobile home?

How To Increase The Value Of A Manufactured Home.
Upgraded Appliances. The first step to increase the value of your home is to upgrade old appliances. ... .
Energy-Efficient Upgrades. ... .
Paint. ... .
Curb Appeal. ... .
Small Upgrades. ... .
Move the Home. ... .
Comparables. ... .
Budget..