Katrina houses
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?
I'm assuming mobile homes and park models depreciate.
Any appraisers out there with thoughts?