Do Tiny Houses Go Up In Value?

Tiny houses are no different in regular houses in that they are made from very common resources, albeit usually with a higher level of craftsmanship. A tiny house can go up with inflation as well. The location also has alot to do with it. For example, if a tiny house is made available to rent and it is parked in downtown Los Angeles, it will command a much higher rent than if that same tiny house were place in rural Oklahoma.

 

When you purchase a tiny house, you are very guaranteed to make money while selling it. Actually, when you factor in closing costs, PMI insurance, taxes, taxes, interest, ongoing utility costs...you get the point, you more often than not lose money.

 

Conversely, when you live in a tiny house and own it outright (this is much easier to do when the sticker price is a fraction of a typical home) and either pay a low lot rent, lease the land or own it, your savings are virtually guaranteed. Those savings almost always will mount up to be over time, greater than the money you would perhaps make (not guaranteed) by purchasing and selling a regular home.

 

So to summarize, buying a regular house doesn't guarantee you'll make money. The stats actually prove that you'll lose. However, owning and living in a tiny house over a relatively long period of time almost guarantees a savings. When you're done with it, should you decide to not live tiny, you can sell it, given it has maintained well, for close to what you paid for it.