A valuation instrument designed to estimate the financial worth of a manufactured residence. These instruments sometimes leverage knowledge factors akin to location, measurement, age, situation, and comparable gross sales to reach at an assessed worth. An instance is a web based device that prompts customers to enter particular particulars a few manufactured dwelling to obtain an estimated value.
The importance of precisely assessing the worth of a manufactured dwelling lies in its pivotal function in facilitating knowledgeable monetary choices. This evaluation is essential for actions akin to securing financing, figuring out honest market worth for gross sales transactions, and understanding property tax implications. Traditionally, figuring out the worth of manufactured houses offered distinctive challenges because of their depreciating nature and ranging development requirements. These instruments supply a extra standardized and data-driven method.