Personal Property

Appraising Shipping Containers

by Administrator on May 5, 2014 • Personal Property • 6683 Views

For real property appraisers shipping containers that have been modified for a residential or commercial use are a lot like appraising trailers or mobile homes, they are usually classified as personal property with metal shell exteriors and after modification for some residential or commercial use they generally remain personal property. If you do your research you will find that shipping container are commonly 8’ feet wide, and many are 20' to 40' feet long, so many who use them for single-family homes, guard houses, small offices or business pop-ups modify one or more standard containers. If you search you can find a number of modified shipping containers offered for sale on the Internet. It appeared to me that China was very active and competitive in the upgraded shipping container market.

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