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Size and age of the home in question, model, make, this criteria may include geographic location. The blue book value of a mobile home is calculated using a variety of criteria. This guide is what the professionals use to determine the value of a mobile or manufactured home. Manufactured Housing Appraisal Guide. It is called the N.A.D.A. There is only one book that contains the blue book value of mobile homes, today. There were multiple books, in the past. The blue book value of a mobile home is exactly what it sounds like -- a numerical value found in a book.

There are certain reports you can purchase on the Internet that help you determine the market value of your mobile or manufactured home. You must depend on the services of a professional if you want things done right, because this is such an in-depth process. It also depends on the position of the housing market in your area. Book value is going to be most accurate for mobile homes and areas that are deemed average in nature. The formula for calculating the value of your mobile home can be quite complicated. It is advisable to have a professional appraiser do the job for you, even if you can access this manual.

But this is not a hard and fast rule but rather a more general one, mobile homes do not usually appreciate in value. These types of services and reports provide you with an accurate idea of your mobile home's blue book value so you can decide if you want to sell or not. You will need to provide detailed information about the property for the online appraisal service to use. You can order an appraisal on the Internet, if you are not ready to hire a professional appraiser to come to your property. The majority of lenders require the book value when it comes to granting financing for people who need a mortgage loan in order to purchase their mobile or manufactured home. The blue book value will come into play, when you are buying or selling a mobile home.