You might have seen tiny homes popping up on the internet and on TV channels like HGTV. But what is a tiny home, and why are so many people joining the tiny house movement? From the benefits of buying a tiny place to the basics of getting started with tiny home living, we cover the ins and outs of tiny houses in our guide below!
What Is a Tiny Home?
While the average American home size is around 2,400 square feet, a tiny home is anything but. Typically seen on wheels or in tiny house communities, these little abodes are considered “tiny” because they range in size from 100 to 400 square feet of livable space.
There has been some debate over what’s considered a tiny home and where they can be built. Some cities even have regulations and zoning codes that restrict people from building on land if they don’t have more than 400 square feet of livable space. However, as tiny houses become a more popular solution for affordable homeownership, this could change.
Why Do People Buy Tiny Homes?
Whether you have a family, are retired, or traveling around solo, you might find that the tiny home lifestyle is a great option for your needs. Check out some reasons why downsizing might be right for you below!
Easy on Finances
One of the biggest reasons why people embrace tiny home living is that it’s incredibly budget-friendly. While most average-sized homes involve taking out a mortgage that increases the overall cost, 68% of tiny home owners don’t have to pay anything back on their space. Not to mention, bills for heating, water, and electricity all go down since it doesn’t take as much energy to keep such a small area functioning.
Embrace a Simpler Life
Downsizing your space is crucial when living a minimalist lifestyle. It allows you to focus on the important things in your life, helps you avoid making frivolous purchases, and prevents clutter from accruing in your small living quarters.
Better on the Environment
Buying a tiny home helps you reduce your carbon footprint. Many tiny home owners use solar panels or wood stoves to cook, heat the space, power appliances and lights, and even run water. Plus, building a tiny home involves fewer materials compared to building a larger-scale house.
Freedom to Travel
Tiny homes are ideal for people who want to spend their free time traveling and seeing the world. By saving money on mortgage payments and utilities, owners of tiny homes can put more of their budget into travel funds. And those who have tiny homes on wheels can take their homes with them!
Having less square footage means not having to worry about any of the maintenance that comes with owning a bigger home. Things like mowing the lawn, installing a sprinkler system, and repairing appliances become a thing of the past when you’re living with less.
Extra Space for Guests
While most people who purchase or build custom tiny homes live in them, some use them as a place for guests to stay. This is because they can come fully equipped with a kitchen, bathroom with shower, living room, sleeping area, heating or air, and other cool bells and whistles.
How Do I Start Tiny Home Living?
Ready to join the tiny house movement? Here a few helpful tips to follow before taking the steps toward a simpler, smaller life with a tiny home!
Consider Your Lifestyle
What does your day-to-day schedule look like? What do you value in your everyday life? These are things to consider with tiny homes. If you have a large family or if you like to entertain regularly, then a buying a tiny home might not fulfill your needs. However, if you plan to embrace minimalism or travel frequently for a job, then it could be the perfect living arrangement.
Stay in a Tiny Home First
You don’t want to put a lot of time and money into making a custom tiny home only to find out that it isn’t right for you. To avoid buyer’s remorse, spend a week or so in a tiny home rental to see if you can handle living with less. This is also helpful if you have a family or are living with a significant other, as you’ll be able to decide if you can live in close quarters with others.
Decide on Home Type
Tiny homes come in a variety of styles and shapes. You can pick from tiny prefab homes that are made from salvaged shipping containers or get a tiny home on wheels from popular manufacture Tumbleweed Tiny House. Many homeowners, though, opt to build a custom space to fit their needs. While it might seem like you would spend a lot to make a home, on average, the cost to build a tiny home is between $10,000 and $30,000.
Need a secure place to store belongings while living in a tiny home? Extra Space Storage has convenient storage locations across the U.S. that can help. Find self storage near you!