Ready to Sell? Here’s How to Maximize the Price of Your Manufactured Home

It’s never easy to make the decision to sell your manufactured home. In addition to all the years and memories contained within those four walls, there is a perplexing blend of important financial questions to consider. What are the current trends in the local housing market? Will rising interest rates affect my sale price? Will I make enough on the sale to purchase my next home?

Despite wild fluctuations in the housing market this year, Fannie Mae’s September Home Purchase Sentiment Index reported that 59 percent of American consumers still believe now is a good time to sell. If you’re among them, here are some strategies you can follow to ensure you get the maximum return on your largest investment.

Find a Good Agent: Advice and guidance from a professional real estate agent – in particular, one who specializes in manufactured homes – can be simply invaluable no matter whether the housing market is blowing hot or cold. Take the time to put in the research to determine which agent in your area will best meet your needs and don’t be shy about asking friends or family members for recommendations.

Get the Word Out: It never hurts to take an active hand in the marketing of your manufactured home. Make ample use of social media and utilize professional-quality photos to showcase your home’s many assets. No one will buy a unit whose appearance and condition doesn’t reflect the asking price.

Timing Is Important: Spring and summer are the most popular seasons for manufactured home purchases. There are a number of reasons for that but here’s the most important – most people in the market to buy family homes want to include their children in the process and that means either spring break or summer vacation. Data confirms that putting your unit on the market in these months grows the pool of potential buyers and increases the likelihood of one of them will meet or exceed your asking price.

Prep Work: Knowing that those warm-weather buyers are on their way, take some time in advance to spiff up your unit. Make repairs if needed, declutter the interior and enhance your home’s curb appeal. Also consider investing in home staging, which can help prospective buyers visualize how rooms can be used and present a more inviting and polished image.

The Price Is Right: Before putting your home up for sale, do some research to determine the price of similar units, figuring in any and all upgrades in your unit. Consider putting your asking price right out at the curb, where it can be seen by potential buyers. Showing and selling your home may seem like an uncomfortable and time-consuming prospect, but you’ll be amazed at how fast it can get your property sold.

At Harmony Communities, we feel strongly that each resident has a sense of home. That they come home from work and feel pride in their environment and in their place in the greater community. That families are comfortable raising children in our neighborhoods, and that couples and singles know that they belong to something bigger than their four walls. In other words, we seek to create harmony within each community, making our communities not just passable, but peaceful, safe, functional, and beautiful.