Why Is Now the Correct Time To Invest in a Tiny Home?

As the prices of traditional homes are rising yearly, the need for an affordable dwelling has made tiny homes a popular choice in the U.S. Not only are tiny homes an affordable investment but there are several other perks associated with tiny living that has given them such a huge fanbase. Tiny homes may continue to thrive as the builders focus on architectural space-saving, off-grid sustainable living, and contemporary minimalism. Even the T.V. production houses have a series on tiny homes, making this lifestyle a fascinating idea motivating Americans to take a step toward minimalism. “Minimalism” is not a recent idea, but many now consider tiny homes “living without limitations.” Although tiny homes might be more cost-effective than traditional homes, many financial challenges must be considered.

 

Buying a tiny home from any random manufacturer is detrimental as tiny homes do not qualify for a traditional mortgage. Instead, trust a certified and established tiny home builder who can offer you in-house financing or connect you with a lender. You will find many tiny home builders at TinyHouseMe. We showcase different tiny home models and connect you with hundreds of tiny home builders under one platform. 

Fact Alert – Tiny Homes are mortgage free 

Buying a home with cash is a dream for most people, which is why a mortgage loan is a common choice. However, committing to a mortgage loan can leave you with a huge monthly payment, which has made many homeowners choose a tiny home to lead a mortgage-free lifestyle. As per Comfy Living, 68% of people living in a tiny home lead a mortgage-free life. Tiny homes are small structures of less than 400 square feet; and when the size gets smaller, it costs less to buy or build. Moreover, the housing expenses are as low as $600 per month when you live in a tiny home, as per Comfy Living reports. This is a good reason why 55% of tiny homeowners have more savings than traditional home dwellers. By scaling down the size of the tiny home, the homeowners enjoy an affordable lifestyle without compromising on comfort. However, if you need a loan for a tiny home, connect with TinyHouseMe to get helpful resources in planning and financing the tiny home

Tiny homes are great for 1st time home buyers

The tiny home is an affordable housing solution for starters. The pandemic caused many renters to get evicted from their homes. These people needed an affordable housing solution, and the demand for tiny homes increased from then. Even millennial buyers prefer buying a tiny home as their 1st house because of their affordability. Similarly, the baby boomers seek out tiny homes as they want to retire with less and without the hassles of paying monthly mortgages.

Additionally, natural disasters have lowered the number of homes available in the U.S., making tiny homes a sought-after option for many. Beyond the benefits of living in a tiny home, the spaces make for a good rental income. However, tiny homes are not permitted in all areas of the U.S. Some cities are tiny home friendly, while others are yet to legalize tiny home dwelling. 

Tiny homes are a great investment for property owners 

The customized and highly functional ADU kits revive the multigenerational family staying on one property. You don’t have to pay for assisted living and can have your old parents and in-laws stay in the backyard. Additionally, an ADU kit installed in the backyard can help homeowners reduce mortgages as one can now generate a rental income through its source. However, the return on investment depends on the sale price and other factors. The tiny home is a good investment for any property owner, and they are doing well as Airbnb rentals. Get the perfect tiny home customized by a trusted tiny home builder. Searching online for tiny home builders is a huge challenge. Many customers prefer to look at different home models, choose depending on aesthetics and functionality and then connect with the builder. At TinyHouseMe, we showcase divergent tiny home models and help you connect faster with the builders. Our online directory makes the purchase easier by providing multiple quotations from different builders and fixing an appointment with your local builder at the earliest. 

Millennials are the biggest tiny home buyers 

Amid the pandemic, the demand for tiny homes and ADU kits has seen an upsurge, and millennials are the biggest buyers in the market. It’s because the millennials are investment-savvy and are aware that tiny homes are mortgage-free investments and can also become a potential source of rental income. Tiny homes cost a fraction of an average single-family house, but before purchasing one, you must do the legwork to ensure the house is legit. 

Final Words 

If you are looking for a tiny home built as per the local jurisdiction rules and regulations, then connecting with a professional tiny home builder is imperative. TinyHouseMe channelizes different home builders under one platform and helps you connect with them. Join today to be in the front line for your matched builder. 

Is the Tiny Home Movement at a Turning Point in 2023?

Elon Musk is not the only one fond of tiny homes. Since the 2008 financial crash, thousands of people have downsized to live simpler lives and have embraced minimalism. The world of home design is seeing a revolution, and its future is tiny. With billions of Instagram posts with the ‘tinyhouse’ hashtag and the internet burgeoning with TV series and documentaries like Tiny House Nation, Tiny House Hunters, Tiny Luxury, Tiny House World, Container Homes, Terrific Tiny Homes, and more – tiny houses have picked up much momentum. Whether you are a Gen Z buyer or a millennial facing record-breaking high prices while purchasing a traditional house, shifting to a tiny home this new year is promising as you save a lot during the purchase, and the low cost of living ensures greater financial relief in the long run. However, it’s quite challenging when you are looking for tiny house builders near me. Come to TinyHouseMe, to connect with multiple professionals under one platform. We can help you connect with the right tiny home builder and provide guidance in planning and financing the tiny home. If you want to start off on the right foot this year, connect with us and make your Tiny House New Year Resolutions now.

 

The tiny home industry is moving ahead faster 

Knowing the exact number of tiny homes in America is impossible. However, Go Downsize has calculated the number of tiny homes sold yearly and estimated that there are around 10,000 tiny homes only in the Northern region of the US. The same source further claims that around 700 new tiny homes are manufactured annually by certified tiny home builders, and just as many are built privately. Although many people are skeptical about buying a tiny home, by checking the number of homes sold over the last decade, it can be concluded that it’s on the rise and here to stay. However, before investing in a tiny house, you need to get familiar with the local laws and building codes, which is why talking to multiple builders across the US might help. Director of American Tiny House, Amy Turnbull, told The Spruce that the tiny home movement is growing and as people have started advocating their acceptance, it’s expected that more places will allow them. In addition, several states have relaxed laws for tiny homes, and after the pandemic, the demand has seen an upsurge. However, tiny homes are not for everyone, and clients need to do plenty of research before making the commitment. TinyHouseMe can assist you in making this lifestyle change by connecting you with trusted builders under one platform.

The BIG WIN for tiny homes

In 2020, The Tiny Home Industry Association (THIA) President, Dan Fitzpatrick gave the tiny home movement a big win. This happened when LA legitimized tiny houses as ADU units and allowed homeowners to park the moveable tiny houses even on zoned estates. LA is the 2nd largest city in the US, and Zack Giffin, the host of the TV show ‘Tiny House Nation’ and also the VP (Vice President) of ‘The Tiny Home Industry Association’ (THIA), said in his Instagram post that it’s one of the biggest things ever happened in the world of tiny homes. Very soon, this law helped spark San Diego and San Jose to follow suit with a similar ordinance. As soon as LA accepted tiny homes, the movement caught fire in other states of the US, and suddenly, the struggle was not there. Giffin gave an interview to Insider and stated that by simply looking at what LA did, the other states borrowed the language from their guidelines and introduced tiny homes in their cities and municipalities.

Both Giffin and Fitzpatrick approved that the Number 1 objective for the tiny home movement is to be persistent with the success and create momentum even at the community levels. The goal is to convince more states and municipalities to legalize tiny houses all across the US.

Global tiny home market from 2023 to 2027

As per Research and Markets, the tiny house market is poised to grow from 2023 to 2027 by $4171.33mn, accelerating at a CAGR of 4.88% during the forecast period. This report on tiny homes provides a holistic analysis of market size, market forecast, trends, challenges, and growth drivers, as well as vendor analysis covering almost 25 vendors. Again, as per Market Growth Reports, the Tiny House market size was estimated to have a valuation of USD million in the year 2022 and is expected to have a readapted size of around USD million by the year 2028 with a CAGR of percentage during the forecast period of 2023 to 2028. The market is expected to reach a multi-million valuation by the year 2028 as, over the years, there has been an incredible spike in CAGR in revenue.

Here are a few top players in the Tiny House Market:

  • American Tiny House
  • Arizona Garage Builders
  • Cascade Country Cabins
  • LUV Homes
  • Forever Tiny Homes
  • Infinity Homes
  • Uncharted Tiny Homes
  • JDM Structures Custom Builders
  • Irontown Homes
  • Kubed Living
  • Lodge Log and Timber
  • Living Intent Yurts Co
  • Affordable Homes Crestview

If you are looking for tiny home builders near me or want to connect with any of the builders mentioned above, come to TinyHouseMe. We match you with the perfect tiny home builder and place you on the front line for the builder. Get connected for competitive pricing and find the perfect model that suits your lifestyle and needs.

 

Trailer’s Electrical System: A Simple Guide for Tiny Home Dwellers

A trailer’s electrical system is an essential aspect that every RV owner and tiny home owner must know before connecting with a tiny home builder. One must prioritize power over everything when venturing on road trips. Electricity is one such thing that can help cater to all your needs and comfort requirements when you are living in a tiny house or away from home in an RV.   

However, you must learn everything about the system to ensure a continuous power supply. It will help you to understand how much electricity you can consume, how much energy you can save, and keep your appliances safe from electrical damage. Besides, you can also succeed in repairing minor problems or reporting issues to the mechanics.

 

The Different Kinds of Electrical Systems Present in a Trailer

Your tiny house or camper comprises three electrical systems. All of the electrical systems undergo special design to ensure seamless appliance operation. It is essential to know about these electrical systems to keep them ready before you look for an ideal tiny house builder from Tiny House Me. The systems utilize AC and DC power supplies. The systems are:

12V DC Automotive System

The 12V DC automotive system flows from the chassis on either class A or C units. It can even emanate from the tow vehicles on RVs. It balances the lightning outside your recreational vehicle that works as you keep driving around the roads but cannot deliver power to the 12V DC electrical system. Instead, the 12V battery offers the required energy to start the vehicle.

 When the engine starts, the alternator is responsible for charging the battery, generating the vital energy to supply power to the brake lights, marker lights, headlights, and signal lights.

Pro Tip: If the trailer lights are not working, you must look into the fuses in the tow vehicle. Check the connected wire grounding with the metal trailer chassis if you go across blown fuses. 

12V DC RV System

This system is either battery-powered or your trailer witnesses the installation of various batteries. You can count on the RV’s electrical system to charge these batteries. You can also maintain them using a charger by connecting them to the AC electrical system in your trailer. This system powers appliances like coffee makers, refrigerators, blends, and exterior and interior lighting.

Pro Tip: If you are choosing a tiny house container with a DC system, choose the DC breaker panel over the fuse box as per the expert’s recommendation. Choosing a DC breaker will ensure that you have to move around with additional fuses.

120V AC Electrical System

The 120V AC is the last electrical system in your recreational vehicle. It can supply power to all the outlets like microwaves, dryers, and washers. When you connect this system to either a generator or shore power, the system will start. You can count on the following cords to supply power:

  •       20 amps
  •       30 amps
  •       40 amps

How Can You Maintain the RV and Tiny House Electrical System?

Proper maintenance is key to preventing major problems in your trailer electrical system. First, check with the electrical system’s batteries, followed by all the connections, to ensure they are safe and clean. Also, ensure that all the electrical panels are working fine and supplying abundant power. Finally, to ensure the system is in perfect condition, don’t forget to look for corrosion.

Electrical systems might look complicated, especially if you aren’t an expert on electrical matters. But once you understand its basics and how it works, you can proceed forward to learn about it in detail. 

The mentioned guideline here offers all the important information you can use to maintain the electrical system for your RV and tiny house container and ensure you have an undisrupted power supply when you are out on an adventure.

 

Tips to Design Your Tiny House Living Space

When designing your living room, space is the vital factor that matters. With the rise in housing prices, the square foot of houses is decreasing. As a result, people have to deal with smaller living spaces. This problem is more prevalent in major cities as well as metropolitan areas. Therefore, they adopted the idea of comfort in living in tiny living spaces. Below are a few tips for designing your tiny living space.

 

Furniture

When designing your house, furniture plays a vital role. Moreover, it is a vital feature of every house, and tiny houses are no exception. The trickiest part is choosing furniture for a tiny living space. A good piece of furniture can make or break your room’s look.

Before purchasing, consider how each piece would fit and look in your room. Also, take the right measurements beforehand. After all, you do not want to end up buying a couch that doesn’t fit in your room.

Allow natural light

Nothing beats the beauty of natural light. It is a distinctive yet affordable way of restoring life to any space, and natural light gives warmth and depth to your room. Not only that, it has many mental and physical health benefits. When designing your tiny living space, keep your windows free from blockages. Putting mirrors as reflective surfaces increases the light in your room.

Choose bright and neutral colors

Proper manipulation and playing with hues can make a small space look bigger. You need to know the color balancing technique. The interior decoration of your house will jump to the next level if you mix and match the colors correctly.

Choose neutral or lighter tones to create depth. It will give an illusion of a bigger space. Besides, neutral-toned walls reflect natural light. Therefore, when designing your house, keep the color scheme in your mind. Consider the color of your furniture along with the walls.

Therefore, as tiny houses are becoming a norm, it is necessary to hire a reputed tiny house builder and decorate them smartly. Following these tips, you can make your tiny living space relaxing yet beautiful.