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Todd,
Based upon your question I am assuming that your home is actually on land and has gone through the title elimination process if it was a mobile. If it was prefabricated and then delivered (mobile-land package), you have a little better saleability.
Once a home becomes real property, it falls subject to the same rules as if it were stick built on site. You of course, must try to compare apples to apples, but in the absence then you may want to try to come as close as possible by looking at other manufactured homes with similar features in your area..
The challenge with that is then you must start making assumptions and adjustments and try to second guess the values that an appraiser will give for the differences. With the conservative measures put in place by the lender, appraisals are under more scrutiny than ever before, so how ti will come out is anyone's guess, unless you are the appraiser.
A comparative market analysis or overview of your area is simple to do and comes with no obligation; however, a true appraisal will get you the closest if you are looking for value. A CMA or TMO will give you a range based upon recent sales, STI/Pending, and Active statuses.
Let me know what your objective is and I will be happy to point you in the right direction!
Michael
Sat Jan 5 2008, 02:04