Real Estate

All About the Tiny Houses Trend!

By | Leave a Comment

Mountain Cabin Tiny Home

TINY BUBBLES HOUSES

In my last blog, we took a peek at the re-emergence of McMansions, my favorite house type -- other than authentic mansions, of course. But let’s flip things around (pun intended) and investigate trending housing bubbles in the form of tiny houses! I debated whether or not to capitalize Tiny and House but decided doing so would almost exactly be sort of an oxymoron – ala jumbo shrimp. But before moving onward, take a cringe-worthy look back as Don Ho sings Tiny Bubbles, circa 1967.  Oh my, oh my, oh my.

Tiny houses are all the rage. As the first tiny house is said to have been Henry David Thoreau’s in 1854, this “trend” has taken a while to develop. Today, we’ll first focus on the trendy part of the trend – the most creative, nutsy, and “huh?” tiny houses being built today. In case you have been living under a tiny rock the past few years and are unfamiliar with the tiny house movement, check out this YouTube video, this gallery posted by Country Living, or the piece our friends at Wikipedia have posted.

Perhaps my first critical awareness of tiny houses happened when someone brilliantly started repurposing old freight containers as homes. My friend, who lives in New York, watched her married son move to a new home with a large lot in the panhandle of Florida. For years, she investigated buying used freight containers and converting them to tiny houses on his lot. Unfortunately, it was not as easy or inexpensive as she hoped. There were regulations about multi family conversion of a single family lot, hurricane requirements, insulation and air conditioning, etc. She is still contemplating this, even as the trendiness is tending to increase the costs. And admittedly, as we see on NewAtlas.com, some of these are not exactly “lookers”.

Ugly Tiny House

But they sure are efficient!

Efficient Tiny House

Soon, builders and contractors specializing in tiny homes started popping up all over. This, for example, is from the Alpha Tiny Homes website:

Our homes are ideal for a primary residence, an off-grid cabin or fishing cottage, a workshed, mancave, garage, bug-out shelter or even as a second, backyard home for grandparents or millenials.

Life on your own terms. Live LARGE in a tiny home.

The competition among tiny home builders is now fierce. A Google search shows 28 pages of names (with some redundancy) from which to choose to build your tiny home. But from what material? With which amenities? On what property? Let’s get creative.

Moving to the site Treehugger: Sustainability with Sass, we learn of the latest tiny houses -- built from school buses!  Many among you may be exclaiming, “Yikes, I couldn't wait to get OUT of that school bus!”  Let’s jump back into one … check out how pretty this living room is:

Pretty Tiny House

Denver, Colorado's Charles Kern of Art Builders Guild says that, “He converted a bus for a simple reason: he needed a place to live as a cash-strapped 20-year-old philosophy student, and as someone who was knowledgeable about buses for over a decade, it seemed like the best solution.” In addition to his own, Charles has completed six of these for others and has more on the way!

If the idea of living in a school bus turns you off, consider some other choices. Ignant.com displays photos of, among others:

The Hemloft:

The Mountain Cabin:

Mountain Cabin Tiny Home

The Exbury Egg (This one is a home that floats combined with a research station!):

Exbury Egg Tiny Home

Or Port-a-Bach:

Port-o-Bach Tiny Home

What else can we do with these tiny homes besides downsize or conduct research? I’ll answer that with another question. How many Google searches do you conduct in an average day? Now, how many of those actually make you “feel good”? Generate a smile by searching: “Tiny Houses for Vets”. Now this is a Day Maker. The movement is growing and spreading and is wondrous.

What if you are thinking of a tiny home for yourself? Get ready to pat yourself on the back because of this from Odyssey.com:

Tiny Homes By the Numbers

So we can agree that tiny homes are incredible, perfect for all, sustainable in many cases, and surely the solution to many of our housing problems, right? Well, no. There are other viewpoints. Let’s examine a few of the negatives associated with the tiny home trend.

  1. Location, location, location. From thrilllist.com:

“You don't just plop the damn thing down.

The obvious thing to do would be to find a place to build your tiny home, and then build it. Easy! But zoning laws often make that difficult, depending on where you live. Many of the same laws made to combat people living in their cars essentially outlaw tiny living. Personally, I think the car could be the next frontier of tiny living -- imagine how superior people would feel when telling those tiny house losers that they live in the backseat of a Prius. "Sure, 10sqft is all I need for me, my dog, my wife, my three kids, and our parakeet," they'd say, ignoring the fact that they're basically bragging about being homeless.

Also, even if you buy land, it may still be illegal to put a structure like a tiny home on it. And that's land you actually own!”

Similarly, as quoted on CNBC.com in “Tiny houses grow in popularity, yet drawbacks abound”,

"If the goal is to save money, I would have to say tiny home investors would need to go to areas where land prices are low."-Sue Goodhart, The Goodhart Group at McEnearney Associates

Bye, bye amenities. The washer and dryer in the tiny house will be, you guessed it, tiny. The same will undoubtedly be true of the shower and sink and TV and closets. But click and read what blogger Chuck Wendig graphically says on terribleminds.com in “AN OPEN LETTER TO TINY HOUSE HUNTERS” about the compost toilet -- hysterically graphic in nature.

Go to your room! Tiny homes are small -- they are tiny. If being with kids and pets continuously sometimes makes you want to get away, personal space is most often located outside. That’s all well and good except for snow, rain, sub zero temperatures, etc. And even when togetherness is acceptable, let’s sum things up via this photo from Realtor.com’s, “Dreaming of Living in a Tiny Home? Here's the Truth From People Who've Done It”.

Cramped Tiny Home

  1. Repair and other costs. Just like their bigger brothers, tiny homes have utilities that need connecting and appliances that will need repairing. Unfortunately, most of them are built in, under or on something else. That adds complexity and possibly expense. And the house itself may need winterizing or summer prep and that may take time and money.

Then there’s heat and/or air conditioning. The maintenance cost of both is the full responsibility of the home owner.

If the tiny house is mobile -- see converted school bus mention above -- think tires, engine repair, windshields, etc. Combine the upkeep cost of a truck, RV or car with that of a house.

No one is saying these expenses are necessarily higher than those of a typical single family dwelling, but they do exist and some tiny home buyers fail to plan for them accordingly. In Forbes’ “5 Reasons Buying A Tiny House Is A Mistake”, there are other costs to consider also.

“There is no storage space, so you’ll need to rent a storage unit, which means paying for it, and then you have to go back and forth to it every time you need anything larger than a toothpick,” says Arman. “Want to have a party? Rent a venue. The list goes on. You can buy a plain old ‘non-tiny’ house for the same money and get much more utility from it. Finally, most lenders have a minimum square footage they will lend on, so you’ll pay cash for your tiny home and so will your potential buyer, which eliminates most of the few remaining prospects you’ll have.”

Is buying a tiny house a great idea or a horrible mistake? As with much in life, the correct answer is, “It all depends”. Further, the more research and planning completed in advance, the better.

To assist with that research, there are literally hundreds of sites that will help.  There are many “Pros and Cons” of tiny houses posting, such as this one from Travel Well magazine. Or find financing ideas at tiny house build.com or www.thetinyhouse.net or www.tinyhousetalk.com or at www.tinyhousecommunity.com … okay, I’m sure you get the picture. While the houses may be tiny, the resources about them are huge.

What next? Perhaps the tiny house trend will somehow morph into office space ideas. What? Too late says DigitalDreamDoor.com?

Tiny Home Office

I’ll leave you with just a few of my favorite Yo Momma jokes on tiny houses:

  • Yo mama's house is so small, when she drops a Kleenex she has wall to wall carpet.
  • Yo mama's house is so small, I put my key in the lock and broke the back window.
  • Yo momma house is so small, her welcome mat only says "Well!"
  • Yo momma house so small, she order a large pizza and had to eat it outside.

SEE ALSO:

This Tiny House Seems Weird From The Outside, But When You Step Inside? WHOA!

5 Perfect Tiny Houses That Beat Any Fancy Big House You’ve Ever Seen! I Want To Live In #4.

8 Most Amazing Tiny Homes

A Pint-Sized Nightmare: Five Couples Speak Out About Tiny Home Horrors

How the Tiny House Movement Turned me into a Hater

About Kathleen Heck

Kathleen Heck has worked with hundreds of top sales professionals, authors, corporate executives, educators, and management level professionals. She started her career as a college and high school educator. Later she changed industries and moved to financial services, first as a Mortgage Loan Officer and then rising to lead of team of over 2000 financial professionals. She is the author of "After the Beep" and "Meltdown: I Need a Plan". Currently serving as the President of the Croyance Group, Ms. Heck is a Certified Professional Coach and holds several Masters Degrees and a PhD. See more at Croyancegroup.com

Compare banks for mortgage, auto, savings and CD rates. Browse bank rates. Search locally or nationally for the best finance rates.
Search locally or nationally
Compare banks for mortgage, auto, savings and CD rates.