The Pros and Cons of Buying a Tiny Home

The tiny home movement has been around for a while now, and it’s worth considering when you’re looking to move home, sell your home, or buy an investment property. In this blog post, our cash for houses team in Fort Worth is taking a look at what the tiny house movement is all about, as well as the pros and cons to think about when you’re considering buying a tiny home.

What is the Tiny Home Movement?

This trend of buying a tiny home has been around much longer than you think, with the first tiny homes being built in the 1970s. Inspired by Walden, a novel written by Henry David Thoreau, and the artist Allan Wexler, the movement is all about living with less – simplifying home living to its most basic, most beautiful and functional elements to enjoy a simpler life. Tiny homes are classified as having 400 square feet or less of floor space, with some tiny homes being just 80 square feet.

Advantages of Buying a Tiny Home

Big energy savings – A small space is easy to light, heat and cool, creating energy savings and greening up your lifestyle considerably. In fact, tiny houses generally only require about 6 lightbulbs, using just 7% of the energy that the average American home will use, and heating and cooling savings are similar.

Affordable eco-friendly living – It’s much easier to green up a small building than a big one, especially if you consider how little energy these homes use. If you’re starting from scratch, you can affordably green your tiny home by using sustainable building materials, installing energy-efficient appliances and LED lighting, installing solar panels, and waste water recycling systems. These projects can cost hundreds of thousands of dollars if you’re greening up a traditional home, but will cost much less for a tiny home.

Inexpensive to build – For most people, building their own home is a dream come true – but it’s usually too expensive to consider. A traditional home costs $100,000-$500,000 to build, but an eco-friendly small house can cost as little as $25,000. This means that your money goes a lot further, so you can get all your dream features without blowing your budget. It also means that you can keep your mortgage and debt very low, or even pay from your savings and live debt-free!

They’re mobile – Ever wanted to just pack up your house and move to explore a new part of your state or country? Well, you can if you have a tiny home! Many of them are designed to be mobile, and you can hook up your tiny home and tow it to wherever you want to go! Of course, you need to check local regulations at your destination, but for the most part, tiny homes offer mobility and freedom that traditional homes don’t.

What are the Disadvantages of Buying a Tiny Home?

Less living space – The most obvious challenge to buying a tiny home is, of course, lack of space. Some tiny homes are expandable through tent extensions, but they simply don’t offer the square footage of a traditional home. This might make them perfect for individuals and couples, but not so easy for families.

Not legal housing – In many states, tiny homes aren’t considered legal housing, especially if they are mobile. Many states have a minimum square footage for a building to be considered a home, and tiny houses can fall outside that, which makes getting permits a challenge. Often, they can classify as RVs, so you can use campsites and RV sites.

Less storage space – If you want to live in a tiny home, you need to be ready to embrace simple living. Fewer clothes, fewer décor items, less furniture – less of everything. You can’t buy in bulk when you have a small refrigerator, and you can’t let the space you do have get cluttered, so you can only buy the essentials. It’s not an easy transition, especially when you have a lifetime of memories and treasures in your home!

Water shortage – No more long showers or soaking in the tub if you have a tiny home! Even if you have plumbing, which not all tiny homes do, you won’t be able to store and heat a lot of water. Some tiny homes have just one 20 gallon water tank, which needs to be used for cooking, drinking, cleaning and toileting.

Want to Live the Tiny Home Dream? Sell Your Home for More with Our Cash for Homes Team in Fort Worth

If you want to sell your home fast and privately to finance your tiny home without the hassle of looking for a buyer or upgrading your home, then your best bet is to sell directly to cash home buyers in Fort Worth. We also have plenty of homes for sale if you are looking to buy investment properties!

• Our cash for homes Fort Worth team is happy to buy it for a market-related price – sight unseen and no upgrades needed – and you can sell your home in 24 hours. Here’s how our process works:
• You enter your information on our website. We’ll contact you directly to discuss an offer for your property (you can also get a free property evaluation from our website)
• You can accept or reject the offer
• You can also call us directly on 469-858-008

You can also download our FREE eBook for more information on how to sell your home in 24 hours.

Our team is compassionate and highly motivated to offer you the best possible market-related price for your home, so you can sell your home in 24 hours. Not only does this cash go straight into your bank account as soon as the sale goes through, but you also pay zero real estate agent commission. It’s all about making selling your home as fast and as rewarding as possible!

At Shiny Key Properties, our trained consultants have years of experience in helping homeowners to sell quickly. To find out more about our cash for homes Fort Worth service or to speak to our cash home buyers directly, please contact us today and speak to one of our friendly team members.