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Comparing Values of Manufactured and Equivalent Site-Built Homes in the Rural United States

Bibliographic Data

ID13101756
AuthorsYoko Mimura (0000-0001-7941-3307, corresponding author), Kim Love-Myers, Anne L Sweaney, Matthew Leigh (0000-0003-1406-1413), M McClarty Leigh
Year2013
Volume40
Issue2
Pages150-169
Publication date2013-01-01
Open AccessNo
TypeARTICLE
VenueHousing and Society (JOURNAL)
Journal identifiersISSN: 2376-0923 • E-ISSN: 0888-2746
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/08882746.2013.11430614
OpenAlexW2266675882
LanguageEN
Citations received2
References cited9

This study examined the owner-reported market value of owned manufactured homes on owned land at the time of the survey and compared those data to self-reported market values for equivalent site-built homes. The data came from the 2009 American Housing Survey, and the sample included owned manufactured homes and site-built homes situated on owned properties that otherwise had equivalent characteristics. We considered homes located in rural areas (non-Metropolitan Statistical Areas) because rural areas comprise a majority of the manufactured home market. The hedonic price analysis was enhanced by the propensity score technique to compare property values of each type of home while accounting for the differences in house characteristics between the two structural types. The findings confirmed the owner-reported market value of manufactured homes were about a quarter of the value of otherwise comparable site-built homes located in rural areas, and the measured difference in owner-reported market values was slightly more when the propensity score technique was not utilized

Agricultural economics · Archaeology · Business · Economics · Geography · Market value · Metropolitan area · Property value · Quarter (Canadian coin · Real estate · Regional science · Residential property · Rural area · Sample (material · Situated · Socioeconomics · Statistics · Value (mathematics · Housing Market and Economics · Housing, Finance, and Neoliberalism · Mathematics · Medicine · Urban, Neighborhood, and Segregation Studies · Finance

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  • An econometric model of housing price, permanent income, tenure choice, and housing demand

    Open Access•Allen C Goodman•Journal of Urban Economics•1988

  • Some empirical results on the nature of the hedonic price function for the urban housing market

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Citations per year0.17
Citation span2014 - 2025 (12)
Highly citedNo

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