Mobile Home Valuation: Top 4 Factors To Consider When Buying And Selling

So you’ve found a beautiful mobile home. They’re ready to sell.

But you’re wondering…

How much you should I offer?

How much can I get for it?

The thing about mobile home investing is it’s not like regular real estate where you can just look up home values on the MLS.

You’re gonna have to put in a little more effort.

But this extra effort is your competitive advantage.

It’s what allows us and our students to flip mobile home for 5-figure profits.

And after doing over 400 mobile home deals we’ve found these 5 factors to be the most important when evaluating a mobile home.

1. Year of manufacture

With every generation of mobile home, manufacturers change things like the materials used, style, layout etc.

So you can’t compare a home built in 1978 with one built in 1998.

We like to compare homes built within 5 to 10 years of each other.

2. Size of the home

Mobile homes come in three sizes.

Park model, which is the smallest – one bed, one bath.

Single-wide, which is one home.

And doublewide, which is two single-wides put together.

Double-wides have the most demand because families need more space.

When comparing, you want to make sure the square footage is the same.

We also like to take the length of the homes into account.

Longer single-wides with more space can sometimes sell as much as a double-wide.

3. Bedrooms and bathrooms

This is the first thing buyers want to know when they contact you.

Especially the bathrooms.

Families won’t mind a home having only two bedrooms as long as there are two bathrooms as well.

4. Park type and quality

Some mobile home parks are all-ages communities, some are 55+ only.

Some communities are 1-star, some are 5-star.

Location, amenities, upkeep.

You want to make sure you’re comparing apples to apples.

So, there you have it.

Those are the four factors you must consider when evaluating mobile homes.

If you’d like more insider strategies to help you score big 4- and 5-figure profits from mobile home deals…

Consider joining our TCA Accelerator Program.

But before you do that, please watch our free case study.

It’s about how one of our students made a $10,000 profit in 48 hours selling a used mobile home.

Click the button below and enter your regular details to get access.

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