Tiny homes have become all the rage – at least on social media they have. There are Facebook groups filled with discussions of tiny homes, TikTok videos of people and their tiny homes and Instagram stories all about life in a tiny home. The idea of a tiny home has, perhaps, become more popular as the housing market prices have gone through the roof and as many people have started to value downsizing.
Tiny homes, typically ranging from 100 to 500 square feet. These small dwellings offer a minimalist lifestyle, focusing on simplicity and reduced environmental impact. However, the cost of a tiny home can vary significantly. Generally, they range from $30,000 to $60,000 when ordered directly from a builder, but additional expenses such as trailers, utility installations, and land purchase can increase the total cost.
Park model tiny homes, often placed on foundations in dedicated communities, can be more expensive, especially when factoring in location, upgrades, and additional amenities. For example, new tiny homes in some communities start at around $160,000, excluding land costs.
Living in a tiny home also involves trade-offs, such as limited space for entertaining. Despite these challenges, many find the lifestyle appealing due to lower utility costs, minimal maintenance, and a close-knit community environment. It’s also important to consider your own lifestyle. One of the things that many people enjoy about tiny homes is that they are often built as a community – so you have neighbors, shared facilities like swimming pools and social halls and a way to build a community together. Of course some people want a tiny home away from others, and this should be considered as part of the plan. Whatever you want to do – it’s important to experience a tiny home before you give everything away and jump into living in one. You can find tiny homes for short term and long term rent to get a feel for them before jumping in.
