Originally Posted by Dr Winston O Boogie jr (Post 901748)

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.

Originally Posted by bkcunningham1 (Post 901740)

I agree. More commonsense. I bet it took longer to build some of the manufactured homes on the historic side than it takes to build some of the new stick built.

Originally Posted by bkcunningham1 (Post 901755)

Are you sure that you are talking about a manufactured home?