Why Affordable Tiny Houses are a Hot Trend with Millennials
What is it about the tiny house movement that has Millennials jumping onboard? We dive into the lifestyle that comes with affordable tiny houses and its appeal.
Are you happy with your home? Sure, it’s probably nice and cozy now, but think about all the time and money you spent to get it and keep it that way. Was all the hassle worth it in the end?
There’s a growing number of people who would say “no.” While buying a house is the traditional way to go, the tiny house movement offers a unique spin on home buying. It’s become increasingly popular with the millennial generation as an alternative to a large house.
A tiny home is just like any other home, except smaller – much smaller. Although the size may be a turn off to some, affordable tiny houses have some amazing benefits that are hard to overlook.
Do you want to know what they are? Keep reading to find out why affordable tiny houses are a hot trend with millennials.
They Are Cheaper
It shouldn’t come as a surprise that money is one of the major factors driving millennials towards the tiny house movement. Many young adults simply can’t afford a traditional home in today’s market.
The average student graduates college with $39,400 of debt. Many who enter the workforce have to take underpaid positions or even unpaid internships to get some experience under their belt, meaning they’ll have less money to put towards paying those loans off.
In that position, many young adults can’t afford to spend $100,000+ on a home. But they can get a tiny house for a fraction of the price.
They Offer Independence
So, what do you do as an adult who can’t afford a home? Well, you stick it out in apartments.
Although tenants don’t have to worry about making repairs, they sink all their money into rent where they won’t see any return after they move out.
The ability to own their home gives millennials a nice amount of independence. They’ll be able to buy and sell as they please and may even make a profit off their tiny home!
They also aren’t tied to a lease or a location, and they can customize their small home any way they please. For those who don’t want to build their own home, this company offers customized tiny houses, so owners can still have their dream tiny home.
They Are Less Risk
While buying a home may seem like a risk-free purchase, there are tons to worry about. What if you get termites or water damage and end up with major problems? What if the housing market crashes and you can’t sell your home for half of what you paid?
Affordable tiny houses don’t pose as much risk. Of course, there’s always the chance that they’ll get damaged or won’t sell well. However, the low cost of tiny homes means you may only be losing out on tens of thousands rather than hundreds of thousands.
They Are Easier to Maintain
How much time do you spend maintaining your home? Between mowing the lawn, weeding the garden, trimming the hedges, and cleaning the interior, you probably spend more time than you think on upkeep.
One of the reasons the tiny house movement is so great is that owners don’t have to deal with all that maintenance. There’s no yard or hedges to care for, and the interior is so much smaller that cleaning is a breeze! That leaves more time for relaxing and enjoying life.
They’re More Environmentally Friendly
Do you do your part to help the environment? Maybe you recycle, pick up litter when you see it, or eat organic foods. While every bit helps, the truth is many homes are using tons of fossils fuels and leaving a decent sized carbon footprint.
But the small house movement is environmentally friendly. It takes fewer materials to build a small house, and it takes less energy to power the home. With younger generations becoming growingly concerned with the environment, it’s no surprise so many millennials are drawn to tiny houses.
They Are Ideal for The Minimalist Lifestyle
When was the last time you cleaned out your storage closets? You’ll probably find boxes full of stuff you didn’t even know you had.
Those who want to adapt to the minimalist lifestyle can be drawn towards tiny homes. It forces them to get rid of anything they don’t need, and free their lives from all that clutter.
Of course, you’ll always need some storage space. Everyone has old photographs or important legal documents they need to store. Affordable tiny homes give owners just enough room to store the essentials without tempting them with extra storage space for the nonessentials.
They Offer More Freedom
It’s no secret that traditional homes are a long-term investment. Selling your home in order to move takes a lot of time and energy. Plus many people want to live in their home for years before selling.
Affordable tiny houses give owners more freedom. They don’t need to sell their home before moving, as they are designed to be transported from one location to another. This means they can move around for work or travel on a moment’s notice while still staying in the same house.
They Get You Out More
Have you ever had big plans to go out on the weekend, but ended up sitting at home lazing on the couch all day? Everyone needs lazy days here and there, but sometimes you need a little push to be more active.
The tiny home movement may help people get out and be more active. With a smaller house, people may feel cramped staying at home all day and more likely to go out and enjoy the weather. Since tiny homes are portable, it can also help those who want to travel or take weekend trips.
So, Why Do Millennials Love Affordable Tiny Houses?
If you’ve ever been sick of your big house, you may understand the hype behind affordable tiny houses. With lower prices, more freedom, and less maintenance they seem like a win-win!
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