Amy Miller's Blog
Tiny houses are all the rage. There are even multiple shows on HGTV based solely on tiny houses. So why is there so much hype around this type of home? And is it just a fad or are tiny homes here to stay? A tiny house is somewhere between 100 and 400 square feet. Some tiny homes have a loft bedroom while some keep it on the main floor. For added living space, some tiny homes have an outdoor shower and toilet. They also contain a small kitchen and living room area. There is very minimal storage in tiny homes (obviously). Tiny houses are on wheels so you can travel with your home or buy/rent a plot of land to keep it on. Let’s take a look at why tiny homes are so popular. Simplistic life: As detailed above, tiny homes are, as the name suggests, tiny. And with that comes a simplistic life. You cannot have bounds of ‘things’ as there is just not enough storage. Therefore, tiny homes bring you back to the basics, just the necessities. This is often an important reason why many are transitioning to tiny homes. So many live too large with too much stuff and at some point it just becomes too much. More money for experiences: There are countless people living paycheck to paycheck and a large majority of that has to do with their mortgage. Even the smallest homes can cost between $100,000 to $150,000, but many tiny homes range between $35,000 and $75,000. Purchasing a tiny home will leave you with a smaller mortgage and therefore more disposable income to spend on life experiences or even saving for retirement. Who doesn’t want to travel to world rather than sitting in your home for the rest of your life because all of your money went to paying for it? More free time: With a drastically smaller space than normal homes that leaves you with less cleaning and maintenance. Therefore, leaving you with more time in life to do other things. Also, since you have a much smaller mortgage you may not need to work that 60-hour corporate job anymore. You can take a much less demanding job or career, working fewer hours and making less money, but having the additional time to really experience life. So what do you think? Do you think you could see yourself living in a tiny home?