8 Reasons Why You Should Buy a Tiny House

Tanish Chopra
4 min readJun 20, 2022

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So what exactly is a tiny house? Most of us think of it as a small house which is affordable to buy and maintain. In fact, they are much more than that. They are a new way of living that offers an affordable solution for the growing housing crisis, while also enabling an eco-friendly and minimalist lifestyle. A tiny house is typically around 200–350 square feet in size and generally costs between $20,000 to $80,000 to build (not including land or site renovation costs). Depending on where you live, zoning regulations and how you plan to use the property may impact whether you can build a tiny house as your primary residence or if you’ll need to build it as a secondary home.

Why You Should Buy a Tiny House

The main reason many people decide to buy a tiny house is to reduce their living expenses. Tiny houses are built to maximize every square inch of living space, so you can live in a smaller house and still have everything you need. For example, in a smaller house, you can easily store your tools and gardening equipment in attics or garages, which cuts down on utility costs. You can also forego energy-sucking appliances, like an extra oven or refrigerator, which can save you money on utility bills. If you decide to buy a tiny house, you’re likely to find that you can reduce your overall housing costs by around 20%, which is a significant amount of money saved each month. Depending on your current living situation, a tiny house could also be a cheaper alternative to renting. Tiny houses are also an environmentally friendly choice, as they are built to use less energy, water and materials than a larger home. They can be a great way to reduce your carbon footprint.

Reduce your living expenses

Building a tiny house can be a great way to reduce your living expenses. Tiny houses are much smaller than traditional houses so they don’t require as much space or materials. You can also save money on utilities by downsizing to a smaller furnace, water heater and refrigerator. You can also save money on utility bills by choosing an energy-efficient model.

Build Equity

If you decide to buy a tiny house, you can build equity in the property as you pay off your mortgage. Tiny houses can be built on a trailer, which means you can move the structure from one place to another. You will have to pay off your mortgage before you have any equity in your home and, in some areas, this may not be allowed. You will also have to pay off any zoning violations if you move the structure to a different location.

Environmental Friendly

Tiny houses are an environmentally friendly choice, as they are built to use less energy, water and materials than a larger home. They can be a great way to reduce your carbon footprint. Tiny houses tend to use solar power to meet all the homeowner’s energy needs. Tiny houses are also easy to heat and cool, making them an ideal choice for people living in areas with extreme weather conditions. Tiny houses are also easy to maintain since they don’t have a lot of extra space that can get messy.

Save Money While You’re Building

If you choose to build a tiny house as your primary residence, it might be cheaper to buy a plot of land now while it’s relatively inexpensive. You can then build the tiny house and use it as a rental property while you’re waiting for the construction costs to pay off. Alternatively, you can buy a used tiny house and renovate it to suit your needs and tastes. You can also buy a prefabricated tiny house, which will save you time and money on the build.

Be Creative With Limited Space

One of the best reasons to buy a tiny house is that you will have to be creative with the space you have, which can be a great way to think outside the box. You can choose where you want to put items in your home so everything has a place. You can also declutter your space and only keep the items you use regularly. If you’ve always wanted to be creative but don’t have the space to do it, a tiny house may be the perfect solution.

Conclusion

Tiny houses are more than just small houses. They are a new way of living that offers an affordable solution for the growing housing crisis, while also enabling an eco-friendly and minimalist lifestyle. A tiny house is typically less than 350 square feet in size and can cost up to $80,000 or more to build. Tiny houses can be a great solution for people who want to reduce their living expenses, save money, and live an eco-friendly lifestyle.

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