A Bigger Trend_ The Tiny House

Revolution is a strong and powerful word. It certainly is more powerful than the word trend. Not so long ago the word downsizing was used to describe an extended period of extreme job loss that changed the lives of many and dashed the dreams of home ownership for others. From 2008 to 2010 there was an increased awareness of American consumer habits as a result of the downturn in the economic climate that identified habits to live life LARGE including indulgence in super sized beverages, servings of French fries and even more importantly building McMansions that were far from modest homes.  A large percentage of those homes with extreme amenities are now assets or liabilities of bank portfolios.

Historically, periods of economic hardship have resulted in success stories for large and small corporations alike. Companies that offer tiny houses may be the next great success stories on the timeline of our country. Without a doubt, this concept offers great spaces in great places. These homes are a creative and innovative alternative to traditional home ownership amidst a changed economic climate and a distressed housing market.  Tiny houses are also a great option for those who may be seeking a cabin or a second home away from the hustle and bustle of life. Tiny houses offer alternatives to paying high rent and are portable which alleviates the red tape of building codes and permits.

Tiny houses are generally built to include 50 to 750 square feet and come complete with all of the necessary features of a comfortable home including portable heating and air conditioning.  Thanks to portable climate control, homeowners of tiny houses can even have outdoor pet houses and not have to worry about their pets acquiring heat or cold related illnesses. Tiny homes do not have unused hallway spaces and promote a more Earth Friendly lifestyle. Hallways in tiny houses can be utilized for storage spaces and homes are complete with a designer feel and look much like modern day homes.  The benefits of living in tiny houses are numerous and include:

  • No or low mortgage payments
  • A significant decrease in monthly utility bills
  • The possibility of off-grid living
  • More choices in where a person would like to live (think rural versus urban) 
  • Feeling a greater sense of control over one۪s finances, regardless of what۪s happening on the national/global scene
  • The ability to add a rental property for additional income for a fraction of the cost of new building construction
  • A lifestyle based upon simplicity, rather than complexity

After giving the tiny house concept some consideration, many may ponder this question if my home is smaller, if I have less material items, can my house still be a home? Is keeping up with the Joneses more important than focusing on our passions and dreams?  More than likely the answer to both of these questions will be a resounding yes.  Simultaneously, we have all noticed an increased trend in restaurants offering Tapas and mini desserts to eager consumers who realize the value of eating healthier and smaller portions but benefit from exquisite flavors.