A valuation information particular to factory-built housing supplies pricing information and specs helpful in figuring out the value of a pre-owned dwelling. This useful resource is commonly consulted throughout the shopping for, promoting, or insuring of such properties. For instance, a person searching for to buy a beforehand owned cellular house could discuss with this information to know the everyday market worth for a mannequin with comparable options and age.
The importance of such a information lies in its provision of an goal benchmark for worth evaluation. It assists lenders in figuring out mortgage quantities, insurers in calculating premiums, and patrons and sellers in negotiating a good transaction. Its historic context displays the growing formalization of the manufactured housing market and the necessity for dependable valuation strategies. This information standardizes the method, mitigating the dangers related to subjective value determinations.