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What does one do with all that acreage, keep it up...become a farmer? I lived in the East until 1967 when I moved to So. Cal. and we don't have the miles of acerage to take care of...this all just hit me in recent months all that land. For what?
What about a nice condo with little upkeep as your first in this part of your life. Maybe you like to do a lot of work though.
2.25 acres is nothing. My front lawn is close to that size. Acreage like that supports a real garden, fruit and nut trees, a games area, and more.
If it fits your needs and it's well within your affordability range, I'd say it's fine. But yes the value is within the land.
I will say this, a 20 year old mobile home in 2019 is usually FAR better than a 20 year old mobile home was 20 years ago. They are built better than they were in the 70s and 80s, but as others mentioned they aren't built as sturdy as a site built house and nothing will be the same. Doors, cabinets, etc are all custom made by the manufacturer to be as lightweight as possible.
2.25 acres is nothing. My front lawn is close to that size. Acreage like that supports a real garden, fruit and nut trees, a games area, and more.
Oh my parents house growing up had a huge back yard and mom did all the work or had to hire someone to cut the grass and do all the weeding...I never thought of it until lately about all the waste and work. Oh well, that's the past in my life. No one was ever in the backyard, just a bunch of grass and a little side garden mom made but that was it.
If people are telling you that it's a bad investment because "it's just a trailer", that's because most people will view it as such. I know that I did. The close-up photo that you posted made it look a lot nicer than the Google street view. It has very little "curb" appeal--even though there are not curbs on that road. It doesn't help that across the street is an older trailer. It gives the area a rather depressed feeling. The general area might look nicer in person (the Google photos were taken on a cloudy, rather dreary-looking day), but personally I'd be looking elsewhere. Of course, it's your decision and you need to weigh your current housing expenses against what this would be.
Many people say that you shouldn't consider your housing choice as an investment, but i still feel that you should have an eye on what the property may be worth in the future. That's one of the better ways to get ahead. At that price, I don't see this as a good value and I would be looking at other options. Whatever you do, don't make any hasty decisions.
Without knowing anything about the area, it seems that there are actual stick built homes for sale in St. Clair, MO. Is there a reason you aren't considering them? Even if you had to put a lot of work into them, that is usually a better investment.
I once worked for a company that trained the sales force for other companies. One of our clients was a mobile home manufacturer. I was left disgusted by the industry (or at least this one company) and their sales practices. They prey on the working poor.
Unless your plan is to build a better home on that land, I personally would keep looking.
... Your realtor wants to sell the place, so she's likely to say just about anything.
Their realtor is working for THEM not for the party selling the home (then it wouldn't be THEIR realtor)... so why would they say just about anything. Every realtor we've worked with gave us their honest opinion about every house we visited and never tried to upsell anything... plus why should they, they aren't trying to sell you a house, they're helping you buy one on your terms.
It appears the trailer is under contract. Did our OP put in an offer?
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