Manufactured Homes Recommendation Examples

The published assessment practices survey report may include recommendations for improvement to the Assessor's procedures and practices. Below is an example of a recommendation for the Manufactured Homes survey topic.

Periodically review all manufactured homes for declines in value.

Section 5813 provides that the taxable value of a manufactured home shall be the lesser of its factored base year value or its full cash value as of the lien date, considering reductions in value due to damage, destruction, depreciation, obsolescence, or other factors causing a decline in value. Periodic review of manufactured homes ensures declines in value are recognized and properties are properly valued. Manufactured homes typically decline in value each year.

Therefore, the Assessor should develop a program to periodically review the assessments of manufactured homes to ensure declines in value of manufactured homes are recognized accurately and consistently. By not reviewing all manufactured homes for possible declines in value, the Assessor may cause incorrect assessments to be enrolled and taxpayers to be treated inequitably.