Comparative

DR, this is an interesting property, and I would approach the comparative market analysis (CMA) a little differently from a traditional residential property. With 5.14 acres, a corner location adjoining forest land, a well, septic system, electricity, fencing, a garage, and other improvements the property may have considerable value independent of the manufactured structure. The first step is determining the legal status of the 76 x 30 manufactured structure. There is an important distinction between a home that is missing its HUD certification labels and one that has been formally decertified or had its title retired. Those situations can have very different implications for financing, valuation, and marketability. I would recommend the following: 1. Verify the title and certifications. Contact the county assessor, building department, and appropriate state manufactured housing agency. A title company can also help determine whether the structure is legally part of the real property and identify and ownership or lien issues. 2. Investigate missing documents. If the HUD labels are simply missing, verification may be available through the Institute for Building Technology and Safety (IBTS). However, if the structure no longer meets applicable requirements, additional inspections, permits, or corrective work may be necessary. 3. Prepare two valuation scenarios. Compare similar acreage properties with utilities and improvements, then separately evaluate properties with legally recognized manufactured homes. This helps establish whether the structure contributes value or whether buyers would primarily be purchasing the land. 4. Determine the appropriate marketing strategy. I would not automatically market it as vacant land or restrict it to cash buyers. That decision depends on the structure's legal status, permitted use, condition, and available financing. If the structure cannot legally be occupied, that must be clearly disclosed. Cash buyers may ultimately be the strongest audience, particularly if financing or title issues cannot be resolved. However, seller financing or specialized land financing could also be possibilities. M recommendation would be to resolve as many documentation questions as possible before stablishing a listing price. Marketing it incorrectly could create appraisal problems, financing delays, or complications during escrow. Although I work with properties that require additional due diligence, I would not represent myself as a specialist in manufactured-home decertification without first reviewing the applicable records. One question: What state and county is the property located in? Manufactured housing regulations, title procedures, and disclosure requirements vary significantly by jurisdiction. With that information and the property address, your agent could better identify the appropriate comparable sales and recommend how to position the property in the market. Brenda Ashby | REALTOR® | JohnHart Real Estate | DRE License # 01700249

We need the address to get you a accurate estimate, you really need the property address. The city, state, county, and specific neighborhood can all have a major impact on a property's value. I would recommend talking with a local realtor in your area!

You absolutely can do a comparative market analysis to an extend, but you really need the address to get best price. The city, state, county, etc will greatly impact the value of a property.

There is no address provided nor contact information, let alone photos or condition details. You will need to speak with someone in depth to get a clearer picture of value. Feel free to reach out if you need any further details. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States