A Hedonic Price Comparison of Manufactured and Site-Built Homes in the Non-MSA United States

Stephanie E. Vanderford (), Yoko Mimura () and Anne L. Sweaney ()
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Stephanie E. Vanderford: Department of Housing and Consumer Economics, University of Georgia, 305 Sanford Drive, Athens, Georgia 30602-2622

Journal of Real Estate Research, 2005, vol. 27, issue 1, pages 83-104

Abstract: This research used the hedonic price technique to focus on a housing characteristic that has been studied infrequently: whether a home is site-built or manufactured. Two hedonic price regression models were used to determine the predictive power of construction type on home price. The first, which controlled for factors found to relate to home prices in previous research, showed a significant difference between the prices of the two types of homes. The second, which also included other variables through a stepwise regression, found that the type of construction had more predictive power than any other explanatory variable in the model

JEL-codes: L85 (search for similar items in EconPapers)
Date: 2005
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