If it is not attached to a lot then the value will be based on what other properties have sold for that are not attached to the land. The main value of this property will be in the land if attached to the land. In the MLS, for these type of properties, it is generally advertised as land only, the mobile home has no value if the mobile home is built prior to 1978, cash buyers only. Search for similar properties that have sold within the past year. You can adjust for the difference in square footage, lot size or land value, amenities to the property, condition and any other relevant factor that may affect the value. 5 mile if urban for any other mobile homes that are similar in age. Be sure to search within one mile if suburban, 5 miles if rural and. You will have to look at similarly aged mobile homes that have sold. Lenders will not lend on a mobile home built prior to 1978 so you will only be able to sell it to a cash buyer.
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