Considering a Tiny House? Consider This first

Written by Posted On Monday, 08 February 2016 09:49

The tiny house movement is very attractive to people who are searching for ways to lower their cost of living in order to work less or avoid a mortgage. While it's common to see claims on the internet of tiny homes being build for only $5,000, less than one year's rent for many people, these sticker prices often don't include other costs associated with buying and living in a tiny house. Before you get your hopes up about the rent-free life a tiny house can offer, consider these unseen expenses.1-800-805-8354 to Connect with a Top Real Estate Agent in Your Area - ANYWHERE!

Home Values Contact Us Blog
Las Vegas Reno  Denver 
San Diego Rancho Cucamonga Seattle, WA  


Tiny Homes - The Up Front Cost

As it turns out, the $5,000 tiny home is rare. Even an experienced builder with access to salvaged material can more likely expect to spend $15,000 on a tiny house. A custom-build tiny home with all planning labor outsourced can be had for figures in the $80,000 range. Still, these prices are cheaper than a conventional house, but it will take more than a few months of saving your paycheck to afford. Even if you do all the planning yourself, you will likely need to hire out some of the labor to a carpenter, electrician and plumber.

Buying Land for your Tiny House

When you buy a conventional house, the lot of land is part of the package. Tiny homes do not come with land, so if you plan on parking somewhere long-term, you'll need to shell out for your own acreage. Land without a house

Renting Space

A mobile tiny house can be ideal for this who wish to move around with the seasons. However, this life is far from rent free. In order to park your mobile house and get access to utilities, you will need to pay rent at an RV park (typically $300), or bargain with a landowner for a place to stay. As you can see, a tiny home does not necessarily eliminate your monthly rent bill.

You might Also Like: Should I Buy a Condo or a House?

The Right Car for your Tiny House

Tiny House being PulledA mobile tiny house will put you right out of being able to get by with a budget, compact vehicle. Depending on the size of your home, you will need a sturdy vehicle with enough horsepower. You will have to purchase your next vehicle based on its ability to toe rather than up-front cost and mileage.

Permitting Fees

Even if you own land and can do most of the work yourself, you'll still need to fight through municipal red tape to get your building plans approved, and that costs money. Some municipalities have more relaxed building laws than others, but some might refuse you a permit for a house under a minimum square footage. Many municipalities prefer that an engineer or architect signs off on your design, which will cost a pretty penny in consultant fees, even more if the plans need to be revised.

Others have Read: Home Security Tips | How to Prevent Break Ins

Storage for your Tiny Home

Man drinking Coffee in a Tiny HouseMany people who move into tiny homes expect to downsize their life drastically. However, moving from a 1,500 square foot house to a sub-100 square foot tiny house may trigger a reality check. You cannot possibly keep all your possessions in a tiny home. For those you don't have space for and truly can't part with, storage is the only option, which means yet another monthly bill.

Living in a tiny home can be a cost-effective housing solution, and many tiny home dwellers are eventually able to downsize their work schedule or sock more of their paycheck into savings. However, it's wise not to be lured in by the low-dollar claims and to plan finances accordingly before jumping on the bandwagon.

Considering a move? 
Call Ballen at 1-800-805-8354 to be paired with a great real estate agent anywhere in the nation.


Rate this item
(0 votes)

Contact Us

img src="" srcset=" 768w, /Lori Ballen is a licensed agent with a real estate team licensed with Keller Williams Realty Las Vegas. When you choose Lori Ballen Team, you get skilled Real estate agents who specialize in particular niches, and geographic locations. Always in the top 1% of Las Vegas production, Lori prides herself on the continuing education and high level training she and the team members receive.

Lori is known in the real estate industry for her digital marketing skills. She’s a top requested trainer who shows real estate agents how to market their seller’s listings for the most exposure which could lead to higher offers. Lori’s specialty is search engine optimization which might be just how you found this website.

You’ll find Lori Ballen Team real estate agents in Las Vegas, Henderson, North Las Vegas, Boulder City, Pahrump, and even in Reno. She’s recently begun working in other markets across the nation helping sellers get their homes sold for the most amount of money possible in the least amount of time possible and with the least amount of inconvenience. The buyer agents who work with Lori love being out and about previewing the latest inventory. They work with you to find a resale or a new home. That’s right. If you are considering new construction, reach out to us first. You can have your own representation and most of the time the builder pays the buyer agent commission so you have no more expense.

What's Your Home Worth?
Use our instant home value calculator to get an estimate of what your house might sell for today.

The listing specialists working with Lori know how to sell a property. They will bring all of the necessary data to help you determine what your house might sell for in the current market. No punches are pulled. It’s all in the numbers and then in the marketing for top exposure. That’s what Lori’s team does best.

When you work with Lori Ballen Team at Keller Williams Realty, you won’t feel lost in the shuffle. It’s a team and everyone cares that you reach your goal. Nobody wins if you don’t win, so you are first.

Give us a chance to show you why Lori Ballen Team is the right choice for your real estate needs.

Keller Williams Realty Las Vegas
Address: 9420 W Sahara Ave #100, Las Vegas, NV 89117
Text us! 702-604-7739

How much will it cost to sell a house? How to Sell Your House Fast Instant Automated Home Value Estimate
Send us an email at, or call or text 702-604-7739 to schedule an appointment ot have one of our expert real estate agents about selling your house.

Agent Resource

Limited time offer - 50% off - click here

Realty Times

From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times® a must-read, and see, for anyone involved in Real Estate.