Posts

Showing posts from November, 2022

Tiny House- One Step Forward to Sustainable Living

Image
People have started realizing the detrimental effects of the consumerist culture, especially on the environment. As a result, the tiny house movement began growing considerably . A tiny house is the antithesis of the prevalent idea of 'bigger the better.' It proves that your method of building a house can create a stir in how you are living and connect it to the environment. H ow tiny house living has a positive impact on the environment? The average size of a tiny home for backyard is 400 square feet, which automatically compels people to downsize their lifestyle. People living in tiny houses have few possessions and spend less on living. It helps reduce the carbon footprint, motivating many to explore the benefits of sustainable living through tiny homes. Until now, there was not enough proof regarding the correlation between a reduced carbon footprint and downsizing your lifestyle. But, a research paper from one of the doctorate candidates from Virginia Polytechnic Institut...

Tiny House - Is It a Valuable Real Estate Investment?

Image
The tiny house movement gained massive momentum during the pandemic. As a result, people gradually learned the importance of going minimal with their lifestyle. Although some consider tiny homes a fad, the trend is unstoppable. According to the Global Tiny Homes Market report, the tiny house market will grow by $3.57 billion between 2022 and 2026. In another survey by Angi's HomeAdvisor, the experts discovered that 86% of the respondents would accept shifting to a tiny home for backyard . 56% of the respondents considered affordability an important reason for choosing a tiny house as a living space. A tiny house runs from $150 to $400 per square foot. The larger homes are almost $100 to $200 per square foot. Bidding wars are common, and the mortgage rates for normal houses are high now. This made homeownership much more expensive. Compared to normal houses, a tiny home for backyard is affordable and can be paid in cash or financed with home equity loans. I ncome-producing dwelling ...