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Posted: 7/25/2009 6:27:54 PM EST
What's a good source to check a book value on one of these critters? I assume they depreciate over time like a car? Or do they hold value as long as they are maintained?

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Link Posted: 7/25/2009 6:29:06 PM EST
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Link Posted: 7/25/2009 6:41:03 PM EST
It depends......does it come with a Camaro?
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Link Posted: 7/25/2009 6:45:31 PM EST


Values drop like a rock.
and now for something completely different - The Larch...The Larch.
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Link Posted: 7/25/2009 6:49:19 PM EST
Unless it's in "like new" condition and under 5 years old, forget it.

Anything else you'd be better off having it hauled out, or buldozed, and put up a frame house of the same size.


I bought land that came with a "Vintage" mobile home. We're living in it now, sort of, and I can't wait to break ground for the replacement.

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Link Posted: 7/25/2009 7:04:37 PM EST
They depreciate 3 times faster than cars. unless it comes with land steer clear.
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Link Posted: 7/25/2009 7:11:18 PM EST
Double Wide Trailer Value thread by UrbanRedneck. What are the fucking odds, on a Saturday night no less?!?

...also in for the jokes...

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Link Posted: 7/26/2009 5:02:24 AM EST



If you only knew....

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Link Posted: 7/26/2009 5:03:56 AM EST
Originally Posted By SGocka:
It depends......does it come with a Camaro?


-$100.00 if its a Beretta.


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Link Posted: 7/26/2009 5:12:08 AM EST

My wife's Grandma's double wide actually appreciated in value... Dealing with the Park owner and his realtor buddy was quite a trip though. My wife, a realtor, handled the entire thing much to their disappointment. The level of bull shit from those two was astounding.


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Link Posted: 7/26/2009 5:16:32 AM EST
Which currency are we using?

Dollars or meth?
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Link Posted: 7/26/2009 5:18:07 AM EST
You can always do upgrades to improve the value- BF Goodrich tires, new plugs, brakes, ...........
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Link Posted: 7/26/2009 5:18:43 AM EST
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Link Posted: 7/26/2009 8:10:38 AM EST
Location,location,location.
Resort town like Myrtle beach and the price will go UP.
Although you are really buying the lease for the ground it sits on.
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Link Posted: 7/26/2009 8:19:30 AM EST
Originally Posted By m1awolf:
They depreciate 3 times faster than cars. unless it comes with land steer clear.


This

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Link Posted: 7/26/2009 8:53:02 AM EST
Remember Jim Rockfords trailer at Malibu?Bet it appreciated.

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Link Posted: 7/26/2009 9:18:08 AM EST
We have had a double wide with three acres for sale for six months. Its real nice property surrounded by farm land. The good part is that we finally have a contract on it and hopefully will close this week! The home is sixteen years old and it sold (With the land.) for $70,000.
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Link Posted: 7/26/2009 9:27:11 AM EST
Don't buy new. They depreciate faster than anything else.

Buy a repo that doesn't smell. Get new carpet etc. They can be made nice as a house for a mere fraction of the cost.
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Link Posted: 7/26/2009 9:33:05 AM EST
Originally Posted By SGocka:
It depends......does it come with a Camaro?


Yep...but it's broke down and up on blocks.
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Link Posted: 7/26/2009 9:44:43 AM EST
Originally Posted By Star_Scream:
Which currency are we using?

Dollars or meth?



That deserves a:



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Link Posted: 7/26/2009 9:49:17 AM EST
Originally Posted By jrinfoley:
We have had a double wide with three acres for sale for six months. Its real nice property surrounded by farm land. The good part is that we finally have a contract on it and hopefully will close this week! The home is sixteen years old and it sold (With the land.) for $70,000.



When I was shopping for my house...right before I lost thousands of dollars, there was a double wide in the listings. Right next to the road w/ 5 acres listed for 170K. Raw land at the time in the area was going for 8-15K/acre.


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Link Posted: 7/26/2009 9:50:21 AM EST

Originally Posted By SGocka:
It depends......does it come with a Camaro?

and a free mullet?
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Link Posted: 7/26/2009 9:52:30 AM EST

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Link Posted: 7/26/2009 10:00:08 AM EST
I'm in one right now that I inherited. It beats an apartment for sure (assuming it's on a leased lot and the park it's in is decent).

This one was purchased new right around (year) 1999-2000 for $52K.
I'm looking to sell it and typical value at this point is around $30K.

When you buy a real house, the land gains value and the house loses it, but you never see that. With owning a trailer on a leased lot, it becomes obvious.

I don't know of any book you can check; easiest is probably just to look around at comparable for-sale ads in your region.

––––––

I don't know about how a trailer on its own land works out financially, because around where I live the town governments have basically made that impossible. Pretty much the only way you can put a trailer on property in my county is if the land you have is unincorporated (not in any city boundary). I have not seen a NEW trailer on any city property in at least a couple or three decades––all the ones I know of are easily 40+ years old, which is pretty old for a trailer.
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Link Posted: 7/26/2009 10:00:45 AM EST

Originally Posted By molotov357:
Don't buy new. They depreciate faster than anything else.

Buy a repo that doesn't smell. Get new carpet etc. They can be made nice as a house for a mere fraction of the cost.

Bought mine at foreclosure for 21k for the house 1/2 acre and a 20x28 workshop.
spent another 25k and when i consolidate all the remodel into a loan it appraised out at 80k



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