Over time, when we come upon economic difficulties, it often forces us to make changes in our lifestyle, even sacrifices in some areas. For many of us, that may include downsizing in regards to our cars as well as our housing.
In the past decade, the nation has seen a downturn in employment which has created a movement toward tiny houses. While it has been a step toward saving money, it has also been an environmental issue, as well as living a simpler life.
Downsizing to the Maximum!
When we speak of downsizing in housing, we aren’t meaning simply going from 5 bedrooms to 3 bedrooms, either. The sizes of a tiny houses averages between 100 square feet up to 500 square feet. When you compare that to the average size of traditional new houses starting at 2,600 square feet, it’s quite a difference.
This new trend in compact living space has attracted individuals of all ages from all walks of life. Downsizing used to be considered what empty nesters and retirees did, but today, there are college graduates, newlyweds, and even families with children still at home.
There are many advantages to living in a tiny house. The most obvious is the lack of space needed to put your tiny home. They are usually built on frames with wheels making them portable, much like living in an RV.
The costs of manufacturing are low because fewer materials are needed and being smaller, it doesn’t take as big of a crew as much time as it does with a traditional built home. All of this means the price stake is smaller, too.As well, you do not have to commit to a 30-year mortgage anymore. Most people can pay cash for their tiny home or they finance it for the same amount of time they would a new car.
The Savings Keep Coming!
After you have purchased your tiny home, the savings keep coming. You save on energy costs for cooling and heating. Many tiny homes are set up with solar panels which make the energy savings even more. The appliances are miniature in size, thus they are less expensive to operate.
Not only will you save on your pocket book with a tiny house purchase, but you’ll be saving the environment, too. There are less resources used in the construction of a tiny house and they require less area to set up so they have less carbon footprint. If you can find a tiny house builder that uses reclaimed and recycled materials, it’s even better for the environment.