The blue book value of a mobile home is exactly what it sounds like – a numerical value found in a book. Building on the difficult, rugged cliff face was completed in 1963 with a design of hovering horizontal beams and glass which enclosed the major living areas, as a multi-storey structure descending the slope in four levels, from the carport to the rocky bluff over the Pacific.
The shortfall in new affordable homes is likely to fuel householders’ reliance on the private rental market. Ministers last month celebrated increases in overall housebuilding to a rate of more than 200,000 a year, although that remains short of the 250,000-a-year target set in the Conservatives’ 2017 general election manifesto.
One often overlooked advantage of modular homes for builder-developers is that because a modular home is manufactured in a single factory, those who are building it will be subject to the same performance standards. The average asking price of homes newly listed for sale dropped Â£3,904 to Â£302,808, in November, according to property website Rightmove, as election concerns added to Brexit worries that had already dented the market.
On the other hand, should you place it in a mobile home park where you simply rent the lot, you will not get all the tax benefits of owning “real estate” and the value of your home depreciates just as if you had parked your car on that rented lot. The property market has seen the biggest fall in homes being put up for sale since the financial crisis, as sellers stall in the face of election uncertainty.
The most exclusive properties in the most desirable locations are offered by luxury real estate and homes specialists and private sellers worldwide, displayed with large, high-quality images. Real estate further became the investment “du jour” as it became clear in 2001-02 that the stock market was ‘not returning the level of investment returns’ that many boomers had built retirement savings expectations around.