I live in Southern California where the median home price in my zip is $835k. I recently stumbled upon a listing for $885k for a manufactured home on a .46 acre. This lot is beautiful. All I really want a home for is a yard and at least 3 rooms to fit my family. This meets the criteria. It has 4 beds/2baths and 1,732 sqft. However, this pricing seems WAY too high for a manufactured home. It's definitely nice but it was built in 1999. Two questions:
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How would you assess a manufactured home/land pricing? There is no other listing I've seen like this in my area, so it's hard to gauge how accurately priced this is and how low I could make an offer.
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Is there anything inherently worse about manufactured homes than single-family homes? Like is it more susceptible to natural disasters? Is it hard to insure? etc.
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source https://www.reddit.com/r/RealEstate/comments/1eruo2o/900k_for_a_manufactured_home/
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