The Actual Costs of Tiny Houses

We can all admit after looking at these pictures: http://www.hgtv.com/remodel/interior-remodel/cool-tiny-houses-on-wheels-pictures, we are very curious what it would be like to live in a tiny house. It’s a very tempting prospect at times: to simply run away, get rid of all your earthly possessions, and live the simple life. There are many reasons to love the idea of a tiny house. They are kind to the environment, easy to clean and manage, they allow the owners to “simplify their over-complicated and possession-cluttered lives”, and they are just plain cute. However, contrary to popular belief, they are not necessarily cheap. The cost of a tiny house ranges from $20,000 to $140,000.

There are three different options to go about obtaining your very own tiny house. You can either get a custom build altogether, choose a prefab model, or you can build it yourself. A custom build is the most expensive option because you are allowed to tailor everything exactly to your liking. The price more regularly range from $89,000-$139,000. The prefab tiny houses are premade or semicustom homes so they are perfect for the more budget conscious. However, they are still estimated to cost upwards of $58,000. And then the build it yourself option will be the most time consuming but probably one of the least expensive routes estimated between $35,000 to $40,000. Even after those costs, you still need somewhere to park it, and preferably someplace with water and electricity hook ups meaning you may need to buy or rent land.

 

Check out the article here:

http://www.realtor.com/advice/buy/tiny-house-not-tiny-costs/

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