Pad, Strata or Owned Land
A home on a rented pad, a home on a bare-land strata lot and a home on fee-simple land can look alike in photos and differ several-fold in price. Check the tenure of each listing before comparing it with the averages.
Current Vancouver Island Manufactured Home Data
Vancouver Island Manufactured Homes Market Report
Track current market conditions for manufactured and mobile homes on Vancouver Island north of the Malahat, including asking-price ranges, price per square foot, days on market and active inventory for homes in parks and on their own land, drawn from Vancouver Island Real Estate Board MLS® listings. The figures update as homes are listed, sold or repriced.
Manufactured home market caution: Most listings are homes on rented pads, priced for the home alone, but homes on owned lots and acreage are listed in the same category at several times the price. A few acreage listings can lift the average well above what a typical park home costs, and pad rent, which is not shown here, can matter as much as the price. Compare park homes with park homes and land with land.
Search Vancouver Island Manufactured Homes Vancouver Island real estate Vancouver Island Market Report
How to Read the Numbers
Understanding Vancouver Island Manufactured Home Market Data
Land tenure, age and width matter more than location in this market, and none of them shows up in an average.
Age and Width Set the Value
Listings run from single-wides built in the 1960s and 1970s to double-wide and modular homes delivered in recent years. Newer, wider homes with a CSA label, updated wiring and a sound roof sell at a clear premium, and older homes can be harder to finance and insure.
A Market Spread Across the Island
Nanaimo and the parks around it hold the largest share of listings, with Port Alberni, the Cowichan Valley, Oceanside, the Comox Valley and Campbell River each adding a steady supply. Lower-priced towns such as Port Alberni and Port Hardy pull the Island-wide average down when their share of listings rises.
Active Listings, Not Sold Prices
These statistics describe current asking prices and days on market, not sold values. Valuing a specific property takes recent comparable sales in the same community and adjustments for that property.