What is a tiny house?

A tiny house is a compact residence that maximises space, efficiency, and simplicity. Typically, they’re no larger than 400 square feet, prioritising sustainable and cost-effective living alongside a minimalistic lifestyle. While they all have a small footprint in common, tiny houses do vary between being mobile or permanent.

Why are tiny homes trending?
Among the many YouTube channels dedicated to tiny living, the huge financial appeal and lifestyle preferences, several factors drive the tiny trend forward. Here are five key reasons why people continue to choose tiny:

1. Affordability

From building to bills, across-the-board affordability is one of the major drawcards of tiny homes. You’ll save on construction costs (thanks to reduced materials and labour requirements) and enjoy ongoing savings on your utility bills with a home that consumes less energy for heating, cooling, and lighting.

2. Simplicity

Living in a tiny house demands simplistic living. It requires you to embrace the minimalist movement and declutter your life to focus on just the essentials. With fewer possessions, you’ll enjoy a simpler, more intentional lifestyle.

3. Sustainability

Your tiny home will use fewer materials to construct and less energy for everyday living, making it an environmentally conscious choice. You can add eco-friendly features to a tiny house, such as sustainable materials, solar panels, rainwater collection systems, and composting toilets.

4. Flexibility and mobility

If your tiny house is on wheels (or portable), you’ll have the added benefit of a home that allows you the unique flexibility to travel and explore. All while remaining in the comfort of your own four walls.

5. Less maintenance

With smaller spaces to look after, tiny homes reduce the time and cost of maintenance, cleaning, and repairs. Often, your tiny home will have minimal outdoor areas like decking, driveways, or fencing, simplifying your regular upkeep even more.

While tiny homes come hand in hand with some serious financial and lifestyle benefits, there are also a couple of considerations you’ll need to weigh up. Firstly, check in with your state or local council about any permits and laws you need to follow – this includes rules around where you can keep your tiny home and any construction considerations. Secondly, ensure you’ve evaluated the tiny home proposition with a long-term financial lens. While it may be the answer for you right now, could it hinder you from entering the property market in the future?

Tiny types

Tiny homes come in plenty of different shapes, styles and sizes, and often, they’re the proud result of a DIY project. Here are some of the most common types of tiny homes:

• Tiny on wheels – Built on a trailer base, these homes are perfect for people looking for a regular change of scenery. They’re typically self-contained, with impressive off-grid capabilities.
• Tiny on foundations – Built on foundations and connected to utilities, these are like traditional homes on a much smaller scale.
• Shipping container houses – Constructed from repurposed shipping containers, these tiny homes are durable, eco-friendly and have a modern industrial aesthetic.

• Prefab tiny houses – Prefabricated tiny homes are built in a factory and assembled on-site, offering a quick and affordable alternative to traditional building methods.

• Yurts – A circular, tent-like structure with a sturdy frame, yurts are inspired by the traditional nomadic homes of Central Asian cultures roughly 3,000 years ago. Modern yurts are often insulated for year-round living and are easily constructed.

• Vehicle conversions – Buses and vans are often converted into tiny homes on wheels. Fit out with water tanks, a mini kitchen, a bed, storage and more; they’ll provide you with the perfect blend of comfort, freedom, flexibility, and adventure.

Tiny living is here to stay
Tiny homes aren’t just a passing trend – they represent a shift in our housing and lifestyle priorities and a drive towards a more flexible, sustainable, minimalist, and affordable way of living. They’ll often come with the opportunity to live amongst a community of like-minded people or explore the country in your home on wheels.

If you’re looking to dip your toe in the tiny trend but not quite ready for a true tiny home, speak to your local First National Real Estate team and we’ll guide you to a petite property perfect for your needs.

DISCLAIMER
The following advice is of a general nature only and intended as a broad guide. The advice should not be regarded as legal, financial, or real estate advice. You should make your own inquiries and obtain independent professional advice tailored to your specific circumstances before making any legal, financial, or real estate decisions. Click here for full Terms of Use.