Resale value of log home and manufactured homes?
Posted on January 25th, 2010 by admin
I am looking at a piece of property with a prefabricated home and would like to build a log home on the same lot. What are the resale values for these two types of homes? The closest attraction is a golf course.
Log Homes are much more desirable.
Manufactured Homes are much harder to resell. They start looking sort of trailer-like pretty quickly.
Log Homes are enduring.
January 25th, 2010 at 8:15 pm
The only person who can tell you accurately is a real estate appraiser. You can find one in your county at http://www.appraiserusa.com if yer in the US. Ask them if you can pay them $25 bucks for a comp search and tell them in general detail what you are going to build (upgrades included). You may need to go to several appraisers to get it done for cheap but its worth it. Good luck!
References :
Im am a real estate appraiser
January 25th, 2010 at 8:37 pm
Definitely find a local appraiser. If you are working with a real estate agent, they will be able to help you find one, and give you an general idea of what the resale values might be.
But if you live in an area where there are not many log homes, you may have a harder time finding comparable sales. Reselling those can be tough if there aren’t many around because you are limiting the number of buyers you appeal to. Same goes with the modular.
References :
January 25th, 2010 at 9:08 pm
Log Homes are much more desirable.
Manufactured Homes are much harder to resell. They start looking sort of trailer-like pretty quickly.
Log Homes are enduring.
References :