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Is the Tiny House Movement for You?

Is the Tiny House Movement for You?

 

The typical American home is currently around 2,600 square feet. Despite a decrease in the average family size, home sizes have grown from 1,800 square feet in 1978 to 2,500 square feet in 2007. Increased personal wealth, low interest rates, the popularity of home and garden entertainment, and prestige are all among the reasons for the popularity of larger homes. It has fueled the economy as larger homes benefit many businesses such as builders, banks, real estate agents, designers, home goods, home services, and home improvement.

 

The tiny house movement is a social movement where people are choosing to live in considerably smaller spaces. A typical tiny house is less than 500 square feet, some can be as small as 100 square feet (a simple 10 x 10 area!). The reasons for this movement include increased energy efficiency, environmental concerns, cost savings, getting out of debt, and freeing up a homeowner’s time otherwise spent on home maintenance and upkeep.

 

Other benefits of a tiny house are that it can be placed on wheels to be towed and can be exempt from needing a building permit.

 

Despite the attraction, only 1% of home buyers will purchase a home that is less than 1,000 square feet (even less will choose a tiny house that is less than 500 square feet). In some cases where allowed by local ordinance, they have been added to existing properties to be used as an accessory dwelling for aging relatives, grown children, guests or used as a home office.

 

After Hurricane Katrina in 2005, architect Marianne Cusato developed “Katrina Cottages” as a more pleasing alternative to the emergency housing offered by the FEMA trailers. Most of these cottages were about 300 square feet. Her designs received attention from developers and resorts. Then with the 2008-2009 recession, interest increased in these smaller homes as they offered greater affordability and ecological friendliness. Thus the tiny house movement was born!

Isaiah 32:18 - My people will abide in a peaceful habitation, in secure dwellings, and in quiet resting places.

 

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The Scott Loper Team

Scott & Lisa Loper

Scott Loper Team at Keller Williams Real Estate

 

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