The valuation of your modular building depends on its condition, age, and type of floor plan. Here’s what you need to know:
The valuation of your used modular office trailer hinges on various elements, including its age, floor plan, and features, the overall structural condition, the state of the roof and floor, the functionality of the heating and air conditioning systems, and the resources required for its removal and relocation from its current site. Understanding its value is crucial when looking to sell any type of used modular office trailer.
Do you need a quick valuation? Give iModular a call at (800) 806-7485. Be sure to have details about your modular building ready to share.
Generally, the value of your used modular building is likely to be greater if it has been well-maintained, especially if you’re located in a major market such as California, Texas, or Florida. These states have a steady demand for all types and sizes of modular buildings and mobile office trailers. Additionally, it’s worth noting that many of the larger modular building companies in these regions tend to hold onto their used inventory, preferring to rent them out instead, as rentals offer more profitability than outright sales. This market dynamic can positively impact the resale value of your used modular building in these high-demand areas.
What year was your modular building manufactured?
The age of a modular office trailer significantly impacts its resale value; newer models generally fetch higher prices in most markets. Despite being in good condition, older modular buildings tend to depreciate and are valued lower. To ascertain the age of your unit, refer to the title or look for identification tags, which are usually located on one end of the structure or its chassis, displaying the manufacturer’s insignia and the date it was made.
What is the building’s floor plan, square footage, and features?
Before attempting to sell your used modular office trailer, it’s crucial to assess if it aligns with current market demands in terms of size and style. A modular office trailer with a standard layout, including internal offices, gender-neutral bathrooms, heating and air conditioning, and conventional doors and windows, tends to be highly marketable. On the other hand, a trailer featuring a unique floor plan with specialized doors and windows, irregularly shaped offices, shower, and locker facilities, or large kitchens – essentially, customizations tailored for specific needs – can pose challenges in resale.
Additionally, the dimensions of your modular building play a significant role. Standard-sized units are typically easier to remove, transport, and reinstall at a new location. In the U.S., common modular office sizes are sections of 10′ to 12′ in width and lengths ranging from 40′ to 60′. An unconventional size, particularly in length or width, may complicate relocation and installation for the buyer.
What is the condition of the structure, including the roof and floor?
The state of key structural elements in a modular office, such as the roof and floor, is crucial both for determining its value and ensuring the safety and security of occupants.
Identifying major issues with these components is typically straightforward. Some common indicators that can significantly diminish the value of your used modular office include:
- Roof leaks that lead to water accumulation in habitable areas.
- Visible gaps or holes in the roof that allow daylight to penetrate.
- Peeling or separation of floor and wall finishes.
- Presence of mold or mildew on ceiling tiles and wall surfaces.
- Sagging or bending in the roof or floor structure.
Important Note: If you’ve made alterations to the modular office’s steel frame or roof structure, it’s essential to provide proof of approval from a structural engineer. Without this verification, you risk encountering legal and safety challenges.
Heat, Air Conditioning, Electrical & Plumbing
Depending upon your location and climate patterns, the heating and air conditioning system(s) installed on your modular office trailer can either be in good working condition or completely overworked and in need of maintenance, repair, or replacement. This can affect the value and the cost the buyer will need to invest to bring the modular up to comfortable working conditions.
If you’re confident that your heating and cooling systems are functioning optimally, there’s no need to investigate further. However, if you’re uncertain about their condition, the wisest course of action is to contact a local HVAC service provider. Have them evaluate the systems and, if necessary, either carry out the required maintenance or provide a formal quote for the work needed.
Not sure about the condition of your HVAC system? Read 15 Maintenance Tips and Best Practices for Wall Mount HVAC Systems or get our FREE GUIDE: HVAC Maintenance Tips for Modular Buildings.
Important Note: The majority of modular offices in the U.S. typically feature Bard or Marvair wall-mounted HVAC systems. These wall-mounted units are generally straightforward to maintain, repair, or replace.
Are there any site conditions that will make the removal of your modular building more expensive than normal?
The last key factor in reselling a modular office involves the current site’s condition, removal, and relocation logistics. The expenses for this process can vary, depending on several aspects:
- Mobility Components: Does the modular office trailer still have its original wheels, axles, and hitches? Inspect the underside of the structure to confirm.
- Site Obstructions: Are there any obstacles on the site, like other modular units, conventional buildings, or landscaping features, that might need moving or removal to facilitate the trailer’s extraction?
- Additional Structures: Consider if there are external features like wheelchair ramps, custom decking, awnings, or steps attached to the modular office that require dismantling.
- Utility Connections: If the utility connections are complex, determine who will manage and finance the necessary permits and work for a safe disconnection.
- Site Restoration Costs: Assess the expense involved in restoring the modular office trailer’s site to its original state after removal.
Finally, when you’re set to sell your used modular office trailer, portable classroom, or mobile office trailer, it’s wise to consult an iModular expert. Ensure you capture high-quality images of the interior and exterior of the modular office, along with any significant features. Utilize our modular building resale tool to send these photos to us. Additionally, if you possess the original floor plan and title of the modular unit, it’s beneficial to include these in your submission.
