How to Value Park Model Homes

The model homes sold in parks are typically the standard for the area and provide you with a rough idea what to expect for a given price. Just like all mobile homes, these can be moved to other locations thus increasing or decreasing their appeal. Park model homes are valued based on the structure and not location, there are a few different guides you can use to get a general idea what they are worth.

• Get the model and make of the home, and input this information into the NADA guide for estimates on current values. They will give you an adjusted price based on the condition and age of the home. This is only a suggested or average selling value; depending on where you live and the economic conditions prices may differ.


• Another place to get value is at Mhvillage. At this site, those who are looking for mobile homes, or need the value on an existing place, can add details to get an estimate based on age, size and customizations. They have a large pool of homes to compare to and give you an estimate which will be trustworthy. Just like NADA, there is a charge for the service.


• Price comparisons within the park and surrounding areas can be the best way to get a true value on your place. Using the estimate from other sites will give you a hard number, but as in any market, your home is only worth what someone is willing to pay for it.


• In many cases the park management will keep this information on file. If not, using a local real estate agent could be a real benefit.


• Call around to find a agent who specializes in manufactured homes. Tell them that you would be willing to give them a finders fee if they can provide you with a buyer.


• Ask them to give you a list of comparable mobile homes sales within your park based on your home's size and age. This will give you an idea on what places are selling for, thus giving you a real value.