What’s Behind the Tiny Home Trend

The tiny home trend isn’t just a trend anymore; it is rapidly advancing towards becoming a social movement.

So, what is a tiny home, and why is it trending?

As the name suggests, a tiny home is a tiny home with limited space that came into being due to people wanting to downsize the space they live in as they lean towards a sustainable lifestyle. It’s important to remember the tiny home trend is more than just moving into a small space; it’s about reducing your carbon footprint and leading a sustainable life to conserve resources and protect the earth.

Benefits of Tiny Homes

Those who live in tiny homes claim that these houses can improve your life in many ways through their immense benefits.

Lower Expenses

Since tiny homes are much smaller than average-sized homes, they naturally cost much lower. A tiny home can be constructed for $23,000 on average. This enables people to cut back on other housing expenses, helping them save up money to spend on other activities.

No Mortgage

A majority of people can’t afford to purchase a house without getting a mortgage, which further contributes to the cost in the long run. Since tiny homes are such a low cost, most tiny homeowners don’t even need to get a mortgage.

Lower Energy Use

Not only do tiny homes cost less upfront, but they are also much cheaper to maintain. Due to the small size of the house, there’s much lesser use of utilities, resulting in low electricity, water, and waste disposal bills.

Freedom of Movement

Tiny homes have a minimal footprint. Hence, they don’t require large plots of land. Additionally, many tiny homes are also constructed on trailers, allowing their owners to take them around as they please.

Easier Maintenance

Given the restricted space, tiny homes are much easier to maintain than the average home. This is why many people opt for tiny homes for sustainable living. The smaller the home, the lesser space to clean and the fewer repairs required.

Environmentally-Friendly and Sustainable

The tiny home trend is basically a part of the much larger sustainable and environmental movement. Not only do tiny homes require fewer materials for their construction, but their small size also allows them to site in a place closer to nature. Tiny homes are both directly and indirectly sustainable. Since they are small in size, you don’t have any spaces for excess stuff, which means that you only keep those truly required items.

Resources for Finding, Purchasing, and Building a Tiny Home

While it is common for people to want to move into bigger homes, others are becoming more mindful of their choices and their impact on the environment. So, you don’t have to worry if you’re looking to purchase or build a tiny home. There are plenty of resources available.

Workshops

If you want to design or build your own tiny home, you can get a lot of valuable information by attending workshops. A good workshop will have an experienced person who will share designing and building tips for your tiny home and help you with your transition to living on a smaller scale.

Join a Tiny Home Community

You can find tiny home communities online or in your locality. You can seek advice from those who have either embraced the tiny home lifestyle or are still in transition. Either way, this can be very helpful for you.

Utilize House Design Resources

There are plenty of other resources available if you don’t feel like making your own design. You can find pre-made designs on the web or in various home magazines and books.

Work With a Builder

Once you have decided on the design, you will have to build it. Many people choose to build it themselves, depending on their skills, while others hire builders who specialize in creating small homes. Bear in mind that finding the right builder is the most important step towards having an efficient tiny home.

Things to Consider When Opting For a Tiny Home

Here are a few things you need to consider when building or moving into a tiny home.

Maintenance Costs

When building correctly, a tiny home proves to be extremely efficient with low maintenance costs. Just because you’re in a smaller home, it doesn’t mean that you can neglect its maintenance. You must have your cooling and heating system annually service, look out for air leakages, leaky pipes, etc.

Average Cost of a Tiny Home

A typically tiny home can cost you anywhere from $15,000 – $70,000. There are many factors such as the size, location, and style of the house that come into play to determine its cost. Remember that the price mentioned above is for a standard tiny house. If you opt for a fully-fitting luxury tiny home, you can expect to pay hundreds of thousands of dollars.

Average Size of a Tiny Home

According to its definition, a typical tiny home area falls between 100 and 400 square feet. Compared to the average American home, a tiny home is at least 2200 square feet smaller. Tiny homes can also be a home on wheels, which will be as big as the size of your van or bus.

Permitting Issues

Even though many people opt for tiny homes, it still isn’t as easy to build them legally for full-time use. The problem is that building codes and zoning laws require minimum square footage.

Limitations of Living in a Tiny Home

Living in a tiny home isn’t exactly an ideal situation for everyone. Here are some limitations of living in a tiny home.

Less Living Space

The point of a tiny home is to more efficient use of less space; you can’t expect it to have a luxury kitchen or bathroom. Since this home is typically lesser than 500 square feet, it is comfortable for only one to two people.

Less Storage Space

Moving into a tiny home requires you to get rid of most of your belongings and keep only the necessities. This can be quite difficult for most people who love to collect stuff.

Limited Entertaining Capability

You can host too many people in a tiny home. You can’t expect to host a 10-person dinner when your dining table can barely seat four.

Financing Problems

For those who can’t get a tiny house on cash, getting a loan can be quite challenging. Banks don’t even offer a standard mortgage loan to those wanting to own tiny homes since these houses don’t have enough value to make good collateral.

Resale Value and Market for Tiny Homes

The resale value of a tiny home is very average. Many factors influence the resale value and market for tiny homes. The most important fact to consider is that the sale of a tiny house doesn’t include land, which means that if your tiny house is permanently present on a certain piece of land, its value will be much higher. When people want to move, they plan on shifting into a bigger home rather than a small one. This naturally has a major impact on the value of tiny homes.

Resources for Tiny Home Vacation Rentals

You can check out Airbnb or Booking.com to find tiny home vacation rentals.

Final Word

Living in a tiny home isn’t something everyone can do. Many people actually consider moving up and moving into bigger spaces rather than smaller ones. However, embracing the tiny home trend is a huge step in abandoning the widespread social ideal of ‘the bigger, the better.’ So, if you want a low expense, sustainable, and environmentally-friendly lifestyle, opt for a tiny home!