Tiny Houses: One of the Biggest Trends in Real Estate Today

 If you’ve ever seen Tiny House, Big Living, you know that tiny houses are one of the biggest modern trends in real estate.

While tiny homes look cute, and can certainly blow us out of the water with the unique features and storage space they offer, many people still have questions about why the tiny home movement is such a huge trend in real estate, and what’s drawing so many people to it every year.

What is the Tiny Home Movement?

The tiny home movement is a self-named social movement wherein people abandon large homes for smaller, more compact living arrangements. These houses are often made from scratch, although some utilize materials like shipping containers to create a unique structure.

While the standard American home is roughly 2,600 square feet, most tiny houses are between 100-400 feet, so nobody is exaggerating when we say this is pared-down living!

5 Reasons Why People Love Tiny Houses

While tiny-home converts love their scaled-down digs for many reasons, these are some of the biggest benefits:

1. Less money spent on utilities and bills

Smaller space, fewer expenses! In a tiny home, bills for things like heat, water, and sewer are minimal or, in some cases, nonexistent! This helps people who live in tiny homes enjoy more of their income and put less toward living expenses.

2. More freedom and fewer geographical ties

Many tiny houses are built on trailers or wheels, which makes them easy to transport and ideal for the would-be vagabond who likes to take his or her roots with them.

While people used to invest in trailers or campers when they wanted to travel, there’s a whole new segment of homeowners who are opting to see the world and take their home with them all the while.

3. Smaller mortgages and less debt for homeowners

A mortgage for a traditional home can exceed hundreds of thousands of dollars, and many people spend decades paying these mortgages off.

Tiny houses, on the other hand, can often be built for thousands (rather than hundreds of thousands) of dollars, and have the potential to create financial freedom for the people who own them.

This economic freedom can translate into all sorts of things, such as college savings funds, travel capital, or just a larger savings account.

4. More eco-friendly home designs

Another significant benefit of tiny houses is that they tend to be eco-friendlier than larger, more traditional homes. Thanks to things like composting toilets and lower utility consumption, small homes make less of an impact on the environment than their larger counterparts.

Tiny House Living: One of the Biggest Modern Trends in Real Estate

While some Americans prefer living in traditional, large homes, thousands of people each year are opting to take up in a tiny home. In addition to the savings the lifestyle offers, people also love the freedom tiny house living provides.