Katrina cottage / Tiny house appraisal

[Kelvin J.]

Hi. 

I was wondering if anyone knew if the small 400 sq ft Katrina cottages would appraise in the same way a regular single family home might in terms of resale? Bearing in mind they are solidly built to code and  could be set on pilings on a lot, not on a trailer.

Also would they appreciate in value in the same way a regular SFH might?

(This is assuming I found a subdivision that allowed below 1000 sq foot structures...)

I imagine a tiny house, being on a trailer, and so unconventional would not appraise or appreciate like a SFH.

Any appraisers out there with thoughts?