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Old 07-02-2014, 08:26 PM
bkcunningham1 bkcunningham1 is offline
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Quote:
Originally Posted by Dr Winston O Boogie jr View Post
I know of a home that burned down. The owner replaced it with a beautiful manufactured home at least twice the size of the old home. The cost of the new home including landscaping, new concrete driveways, walkways and patios, as well as installation and water. sewer and electric hookups was $86,000.

Home that are completely worthless over here sell for a minimum of $39,000 unless there is an absolute auction. $39,000 is the value of the lot. My house is insured for it's value less $39,000.

So, if you buy for $39,000, and rebuild for and additional $86,000 you'll have invested $125,000. Looking at the house that I know of I would say that it would sell for considerably more than that. The highest priced manufactured home that I see on The Villages.com is $167,000. I would think that the owner of this new home would get at least that.
Are you sure that you are talking about a manufactured home?