A device designed to estimate the market worth of a manufactured house based mostly on numerous knowledge inputs. This device usually incorporates components comparable to location, dimension, situation, age, and comparable gross sales to generate an estimated worth. As an example, getting into particulars a couple of 1,200 sq. foot manufactured house in good situation inside a selected county, together with latest gross sales knowledge from the realm, ends in an approximate appraisal determine.
Understanding the estimated worth previous to promoting, buying, or refinancing a manufactured house is advantageous. It facilitates knowledgeable decision-making throughout negotiations, secures applicable financing, and ensures enough insurance coverage protection. Traditionally, acquiring correct valuations for these kinds of residences offered challenges as a result of their distinctive traits and restricted comparable gross sales knowledge. This device helps bridge that hole by offering a available estimate.