Determining Blue Book Value Of Mobile Homes
The Blue Book value of mobile homes is a numerical value found in one book. Earlier there were many books for this purpose, today there is just one – the NADA Manufactured Housing Appraisal Guide. Professionals use this guide to find out the value of a manufactured or mobile home.
There are various rating parameters that are used to calculate a mobile home’s Blue Book value. These are model and size of home, age, geographical location and make. It is a good idea to get a professional appraisal even if you have this book at your disposal. The reason for this is that the formula for determining book value can be so complicated that it is easy for the layman to make errors.
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