The Tiny Home Trend : Real Estate Trending

By
Managing Real Estate Broker with SI Real Estate Tampa

Flipping through the television channels and social media, you may have noticed that many people are shifting towards downsizing their living space. Shows like Tiny House, Big Living and Tiny House Nation document the trending transition to tiny homes.

So why are so many Americans jumping on the tiny home bandwagon?

According to TheTinyLife.com, the average home is 2600 square feet – compared to the minimal square footage for tiny homes, averaging between 100 – 400 square feet! Those joining the Tiny House Movement are doing so to protect the environment, live frugally and have the freedom to travel.

With their petite structure, many tiny house homeowners have found financial freedom that would have been difficult to achieve had they opted for a mortgage on a traditional home. The savings from high property taxes, lower maintenance costs and less major repairs are illustrations of many sources of household savings through Tiny Homeownership. The mobility of these homes, in conjunction with financial savings also allows for individuals to pay off debts and save more of their income for travel expenses they otherwise would not have been able to afford.

 

 

 

Unsurprisingly, tiny homes use less materials, thus decreasing the amount of lumber for building and fuel used to transport supplies.  Stemming from the small size of the home, it is also more feasible to use environmentally friendly materials that would be far more expensive if used on a larger home.  In contrast to traditional real estate, tiny homes can be easily powered by solar panels due to their small stature, hence drastically decreasing energy use. This means lower utility bills and more money to save or use for other life style priorities.  All in all it is very easy to “go green” in a tiny home! 

Aside from all of these benefits, many are finding it difficult to find a place to “park” their tiny home.  In an article from The Washington Post, most homeowners use the land of family members, friends, or rent space in an RV Park.  However, many governments around the U.S have not caught up to the legality of tiny homes regarding building codes and parking provisions.  So still some work to do to make this a stronger part of mainstream. 

Now that you’ve got the scoop, do you think you could trade in your home for a tiny house?

Comments (8)

Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Hi Nibal Elsaadi!

What a great post about "tiny homes"!

We like your writing style!

We wish you great success with your blog posts and networking with other members of Active Rain!

We clicked the “Follow” button on your profile so that we will be alerted to your future blog posts and can read and comment on them, and we invite you to "follow us" - should you be interested. There is no requirement or obligation for you to do so, but we would be honored if you choose to do so!

Sep 08, 2016 04:06 AM
Nibal Elsaadi

Hello Tony and Suzanne!  Thank you for your feedback, comment and follow!   Much appreciated.  Of course, we will follow you back.  Looking forward to hearing more about your AZ real estate market!   Have a great weekend. 

Sep 14, 2016 11:51 PM
Nibal Elsaadi
SI Real Estate Tampa - Tampa, FL

Thank you for the wonderful comment and for "Following" us. We will be sure to "Follow" you back to review your posts as well!

Sep 08, 2016 06:55 AM
Kathy Stoltman
Balboa Real Estate - Ventura, CA
Ventura County Real Estate Consultant 805-746-1793

Hi Nibal, I think if I lived by myself, these homes would really appeal to me, although 100 SF might be a tad too small.

Sep 08, 2016 07:24 AM
Nibal Elsaadi

I agree!   It is a bit small.  For me it is a closet.  There are some homes that are 400-600 sq ft in SanFran which look incredibly functional.  

Sep 14, 2016 11:54 PM
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I have seen some photo's of the tiny homes and they don't look like realistic living environments to me. Some communities forbid any additional structures on properties via deed restrictions. I think more of those types of laws will be springing up. Not sure it's a trend, more like a fad.

Sep 10, 2016 07:37 AM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Nibal Elsaadi - I will be going tiny home way soon - though it won't be this tiny...lol!

Sep 10, 2016 03:45 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

(Not to mention Nibal Elsaadi - started following you after reading this interesting post.)

Sep 10, 2016 03:47 PM
Anonymous
Bob Thomas

Hi Nibal,I went tiny... 2400 sq ft to 190 sq ft, a composting toilet in a Village of like minded people. Freedom at its best! Freedom from the banks, realtors, developers, taxes and most of all stuff!!!

Sep 21, 2016 11:15 AM
#7
Nibal Elsaadi
SI Real Estate Tampa - Tampa, FL

Bob, that's quite a difference from 2400 to 190! Glad you're enjoying your tiny home!

Sep 22, 2016 04:34 AM

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