What Factors Go Into Determining Your Mobile Home Value?

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If you’re among the 20 million Americans living in a mobile home, you likely have wondered about the value of your property. While even the nicest manufactured housing isn’t going to have a comparable cost to a regular home, these buildings can still have a fairly high worth.

Here, we’re going to talk about some factors that contribute to mobile home value. Read on to learn how you can calculate how much your manufactured home is worth so you can sell it for the best possible price.

Mobile Home Value vs Size

There are two basic types of mobile homes: single-wide and double-wide. Single-wide options are smaller and more compact. Double-wide homes are twice their size, making them roomier and more accessible.

As you might imagine, double-wide manufactured homes are worth more than their single-wide counterparts. This is true even if the homes are in the same condition.

On average, a single-wide mobile home cost about $76,900 per the most recent estimates in 2021. At this point, a double-wide home was worth about $170,600. Singles consistently cost about $70,000-$100,000 less than doubles, so this is far from a timeframe-based anomaly.

Condition and Mobile Home Valuation

The above figures are averages based on what new manufactured housing is worth. In some real-life scenarios, a single-wide mobile home can be worth more than a double. This is because of the condition that the building is in.

If your mobile home hasn’t been renovated or repaired in years, it likely has a lower value than other manufactured buildings. This is especially true if it’s in poor condition. A leaking roof, bad plumbing, peeling shingles, hail damage, or paint chipping can drastically decrease property value.

This makes sense when you consider that damage is more than unsightly. It can create serious problems with rust, mold, and bad insulation.

If your home looks presentable, it will retain its value assuming that it’s hazard-free. If it’s ugly or poorly kept up, you’re going to face an extremely low value calculation.

Features and Add-Ons

Many mobile homes include simple features like:

  • Electricity
  • Plumbing
  • HVAC
  • Built-in kitchen appliances
  • Windows
  • High-quality siding
  • Interior and exterior doors
  • Renovated rooms
  • Hardwood flooring (rather than tile or laminate)

If your manufactured building has these features, it’s more desirable than one that doesn’t. This means that it’s going to be worth more in the housing market. The more features, the better.

The Rest of the Property

Some mobile homes sit in a trailer park or lot. Others are just like regular houses with yards and driveways. If you live on a larger plot of land without other manufactured homes surrounding you, your property value is going to be much higher.

This is because people are more likely to purchase a free-standing mobile home with a yard to spend time in. Driveways and garages make great places to park vehicles safely. These features can drastically increase the desirability of your property.

However, it’s important to note that mobile homes are easy to take to new locations. Someone might buy the house and move it to a nicer area. Other aspects of your property might be a plus, but they’re far from the most important consideration when determining mobile home value.

Location

The location of your manufactured building is also going to contribute to its value. This is true on multiple levels.

If your home is in a crowded trailer park, it isn’t going to sell for a lot of money. The person buying it will be purchasing a living space in a cramped and loud location. On the other hand, a free-standing mobile home on a strip of grass is going to go for more money.

Mobile houses in safer neighborhoods are also going to be worth more than those in unsafe locations. This is true of regular homes as well. Loud, busy, and crime-ridden locations have significantly less buyer appeal than those in quiet, stable, and safe areas.

The state you live in may also impact your home value. A mobile house in LA or New York is going to cost way more than one in Kentucky or rural Texas. This is because the cost of living is generally higher in those cities, as is the quality of life.

Buyers get what they pay for when it comes to mobile homes. A community is part of that, and better communities mean higher property value.

Finding Your Manufactured Home’s Value

It can be challenging for individuals to determine their own property’s value without help. Luckily, you can assess value based on clear standards based on NADA Book Value.

All you need to do is enter your mobile home’s details, features, and property information into the website. Pay a small use fee and get an accurate price estimate for your home.

You’ll be asked several questions about its dimension, condition, location, make, and model. This form, the Basic Used Home Value Report, will take several factors into account when determining your home’s worth.

Once you have an estimated figure, you can figure out what concrete measures you can take to boost your home value before selling it.

Get Assistance With Mobile Home Value Calculation

Now that you know some factors that determine mobile home value, it’s time to learn more. At Manufactured and Mobile, our experts are committed to helping you choose a home that fits your needs and retains its high value.

We’re excited to talk with you about the valuation of mobile homes. Contact us with any remaining questions you have to learn more.

mobile home designs

How To Choose the Right Mobile Home Designs for Your Needs

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Did you know that there are more than 22 million Americans living in manufactured homes today? These homes are a fantastic, affordable way to get the home of your dreams without months of construction time. And best of all, there are lots of design options for you to choose from!

Picking a mobile home design is a matter of determining what works best for you and your needs. Read on to learn more about mobile home designs and how to pick the right one for you.

Single Wide 

There are four basic classes of mobile home designs: single wide, double wide, triple wide, and two-story. Singlewide models are the smallest and most affordable for mobile home owners. These homes may be considered more temporary than the other types of mobile homes and are popular among young families and first-time homebuyers.

A single wide manufactured home consists of one single home unit set on a small plot of land. They don’t offer as much space as some of the other designs, and they may not include as many amenities or features. While these can be a great option for buyers on a low budget, finding land to place them on can be hard thanks to some city restrictions.

Double Wide

Doublewide mobile homes, sometimes called doublewides, are among the most popular designs for manufactured homes. As you might guess from the name, these homes are twice the size of single wide homes. They offer more space, more features, and, in some cases, fewer regulations than their smaller cousins. 

Many doublewide manufacturers allow buyers to pick their own finishes for the home. This can include everything from flooring and wallpaper to kitchen designs and extra features. Double wide mobile homes may have fireplaces, central heating and air systems, dishwashers, microwaves, intercom systems, and more.

Triple Wide 

Triple wide mobile homes are among the largest designs you can select for your home. These manufactured homes are often more than 2,000 square feet and consist of three home units connected together. They offer a lot more space, more room options, and a wide variety of additional features.

Triple wide manufactured homes often include a living room, formal dining room, family room, and so on. From the outside, they’re almost impossible to tell apart from traditional site-built homes. Siding options for these homes include wood, vinyl, brick, or even logs or stone.

Two-Story 

You might be surprised to learn that you can even get two-story mobile home designs! These homes stack two or more home units on top of each other and join them with a staircase. Two-story models are the most expensive mobile home design and offer a wide variety of options in terms of floor plans and amenities. 

From the outside, it’s almost impossible to tell a two-story manufactured home from a site-built home. However, if you’re considering this option, keep in mind that there are often extra regulations on this type of mobile home due to the additional structural concerns.

Many mobile home manufacturers also don’t keep these homes in stock, so you may have to custom-order your two-story home. 

Consider the Flow 

When you’re choosing a mobile home design, the first thing you need to consider is the flow of the house. How do you want different rooms to connect, and where do you want private spaces in comparison to public ones? Where do you want to enter the home, and how do you want bedrooms arranged?

Start by paying attention to how you move through your current home every day and what you need from each space. Think about your daily routines and if it would be helpful to have your living room connected to the kitchen or have an office space instead of a dining room. From there, you can decide which floor plan is going to work best for you and your family.

Look at Room Proportions

It’s also a good idea when you’re deciding on a design to take a look at the room proportions in the floor plan. Some floor plans may sacrifice space in the kitchen or living room to give you larger bedrooms. Others may prioritize a larger kitchen over spacious closets or bathrooms.

Once again, look at how you use your current home and what spaces you spend the most time in. If you like to cook, you’ll want to choose a design that gives you plenty of workspace in the kitchen. If you have a California king bed and your bathroom is your sanctuary, a floor plan with larger bedrooms may work better for you.

Don’t Forget Natural Light

Once you’ve narrowed down your floor plan, you’ll be able to start turning your attention to the smaller design details. One factor to keep in mind as you’re selecting your design is how natural light will flow in the space.

More windows can help to save you money on lighting costs, make your space feel more open, and even improve your home’s resale value. 

Take a look at where the windows and doors are located in each design plan, and think about which direction the home will face on your lot. South- and west-facing windows will generally get the most sun, so make sure those sides of the home will get plenty of natural light. Some home designs may even allow you to add skylights or sliding glass doors to bring a little extra brilliance to the space. 

Learn More About Mobile Home Designs 

When it comes to selecting a mobile home, there are several design options you can choose from. From the smallest singlewides to two-story manufactured homes, you can find a layout and size that will suit your needs. Think about how you use your current space and what you need from your new home when selecting the design that will work best for you. 

If you’d like to learn more about mobile home designs, check out the rest of our site at Manufactured and Mobile Homes. We have all the information you need about mobile homes, from designs and models to dealers and retailers.

Check out our articles about mobile home designs today and start planning your dream home.

8 Features to Consider for Your Mobile Home

8 Features to Consider for Your Mobile Home

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A mobile home can be a great investment to make when you are first starting out as an adult. They are very affordable and can be customized to suit your needs. Many people make the mistake of assuming that the show homes they see on the dealer’s lots are the only options available to them. This isn’t the case, though. There are many different features that you can have added to your home to make it fit your style or work well for your family. The following guide provides insight about some features you may want to add to your mobile home before making a final purchase.

Upgrade the Insulation in the Home

Most mobile homes have thin exterior and interior walls. Thin walls allow air to escape, which can make it difficult to maintain a constant temperature within the house. This can create electrical costs that are higher than they need to be. You can upgrade the insulation within the home to make sure that it is more energy-efficient. Insulation can be added to the exterior walls, the interior walls, beneath the roofing on the home, and even under the flooring to ensure that insulation is as great as it can be.

A Pitched Roof Can Increase Resale Value

If you know that you want to sell the house in the future and that it isn’t your forever home, you need to choose upgrades that are going to make it easier to sell later on down the road. A pitched roof is an affordable change you can make to the home that adds more curb appeal to it. Many mobile homes have flat roofs that can make the house look unfinished. A pitched roof makes the home look more like a stick-built home and can provide additional storage space, at the same time.

Hardwood Floors Add Character to the Home

You can have the flooring in the home upgraded to hardwood floors. Most homes come with carpeting in them because it is the cheapest flooring option available. The carpeting will become dirty over time and having to place it when you are ready to sell the house could be a hassle. Hardwood flooring can stand up to a lot of wear and tear and is very easy to clean so that you can rest assured it will look great for years to come

Add Sheetrock to the Walls

The vinyl on gypsum walls that are in most mobile homes can look a bit unsightly. They often have a textured feel to them, as well. Many mobile home purchasers choose to upgrade the walls in the home to sheetrock. The sheetrock creates a finished look and can diminish the noise that travels throughout the house. Sheetrocked walls can also easily be painted so that you can customize the house any way you choose in the future.

Upgraded Cabinetry Makes a Home Far More Valuable

The kitchen is the place where most people congregate in a home. Having a great kitchen can make your home feel warm and inviting while also creating a great place to create amazing meals for your family to enjoy. The cabinetry that comes with mobile homes traditionally is often very thin and lightweight. It doesn’t have much carpentry details added to it to give it character. Upgrading the cabinetry to higher-end options allows you to create a very sophisticated look in the kitchen. You can choose the layout for the cabinetry, the style you want to use, and even the color of the cabinets so that you can create your dream kitchen from the start. A finished kitchen with ornate cabinetry will make a home more valuable when you want to sell it, too.

Insulated Skirting Could Save You from Costly Repairs

Mobile homes typically do not have a lot of insulation beneath them. An insulated skirt can be a great investment to make because it not only keeps critters from taking up residency under the home but also keeps the space warmer during the cold winter. This helps to keep pipes from accidentally freezing when the temperature drops, while also creating a finished look to the home because it appears as though it is on a foundation. The skirting will add curb appeal to the home, which also boosts the ease of selling the house when you’re ready to sell it.

Engineered Wood Siding Looks Great and Helps with Insulation

Vinyl siding is often found on the exterior of mobile homes. It can deteriorate over time and leave you with an eyesore when people come to buy your home. Engineered wood siding is a great upgrade to consider for your mobile home because it has the look of wood siding without the high cost or difficult upkeep. The exterior of your home will be protected from the elements, look great, and stand the test of time with the engineered wood siding on it. The siding is available in a variety of colors so that you can create the exact look you want. You don’t have to worry about painting the siding later because it is designed to keep its color and just need to be pressured washed from time to time to knock any dirt or dust-free.

Being able to purchase a house that you know will still have a lot of value in a few years isn’t always easy to do. A mobile home that has a few of the upgraded options in it will be easier to sell and stand up to the wear and tear that you put it through for the years you live in it.

Most of the upgrades are very affordable, and some mobile home dealers even provide a discount if you choose more than one upgrade to make to the house. Once the house is built, it can be delivered to your property, and it will be ready for you to move in within a very short period of time. When you are ready to sell it, you’ll be able to walk away knowing that you were able to live comfortably and still get back some of the money you invested in the house with ease.