• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Manufactured home price book

Status
Not open for further replies.

Lee SW IL

Thread Starter
Member
Joined
Jan 15, 2002
Professional Status
Certified Residential Appraiser
State
Illinois
Isn't there a "blue" book (valuation book) for manufactured homes. Similar to what is used for used autos.

Does anyone have a website or phone # for them.


Thanks

Lee
 
Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
N.A.D.A.

I'll see if I can find their web site. Never have figured out their MH book but I sure do like the software program for it!
 

Judy Whitehead (Florida)

Senior Member
Joined
Jan 20, 2002
Professional Status
Certified Residential Appraiser
State
Florida
Manufactured homes are also part of Marshall and Swift - that's what I use....FYI
 

TEL2002

Elite Member
Joined
Jan 16, 2002
Professional Status
Retired Appraiser
State
Louisiana
Lee,

in 1978-82 I lived in Damiansville, IL (that is almost due south of you on I-64). I worked part time for mobile home dealer and we used to always have those 'blue books' in the office. If you got chummey with a dealer I bet they would let you thumb through their book.

Back a few months ago I took the 'Lincoln' course on manufactured housing...very interesting and informative. If your area has a lot of mobile or manufatcured homes I recommend the course. If you want their address etc, email me and I'll send it to you. I know they do classes all over the country.
 

larryhaskell

Senior Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Nevada
Lee

You might also check with your city or county library.
 
A

Anonymous

Guest
I also took the Lincoln course. I'll agree it was informative.
better than the average cont. ed course, but there is a lot of baggage that goes with it.
 
Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
Frank,

I considered the 'baggage' to be the majority in the class were not real estate appraisers. Just MH salespeople thinking they were learning a new way to make lots of money. Not true but, that's what all the schools say.
 
A

Anonymous

Guest
Yes, and the final test was bizzare, but other than that, I did learn stuff!!
 
A

Anonymous

Guest
McKissock has a MH course as well. Boeckh and M & S have Manf. Home guides, which are OK in a generic sort of way.

But, the NADA book & Software ($100 for the book, about double for the software, too) allows you fine tune the property knowing the size, age, features, and the MANUFACTURERS NAME and the MODEL NAME.

That last one is a biggie. It is frequently tough to find the model names. People remove the tag and sometimes it is not obvious even if it is there. Exterior name often is not present. A valuation supplement allows you to proceed without a model name, but if I was going to battle an UW or in court, I want the NADA and the software is mucho easier to use than the book.

I am much more comfortable with an exact figure from an exact model and manufacturer from NADA + land as if vacant + site improvements for a value than I am using say, a Boeckh classification of Economy, Average, Luxury as my judgment call. And I find it is the book most MH dealers use (note the software allows you to estimate value as on site, to be moved, dealer price, etc.)

ter
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks