Posted by Jeff Short on February 06, 2001 at 12:40:25:
Best way to figure out the value of a MH… is simply look to see what prices the current local market is supporting.
If you are looking to sell… instead of setting a price first - find out how much a buyer can put down and how much a month they can afford; then back into the price that way – maybe even offer a discount if they pay 100% cash.
If you are looking to buy… then remember to let the seller name their first price… and go from there. Reread Lonnie’s books on that subject (I know that its in Deals On Wheels).