The Tiny House Phenomena
Would you like to embrace the minimalistic style of living and build yourself a tiny home? If yes, the first question you must have asked yourself is “how much does it cost to build a tiny home?” Well, trading down on space permanently from the regular 2,400-square-foot home to an extra small 400 square feet dwelling is a huge step.
Thankfully, tiny home cost and maintaining are not so huge compared to when building traditional homes.
Even so, determining the exact value of a tiny house is quite tricky. This is because many factors affect its pricing – location, materials, and design being some of them. That said, here is a breakdown of the building cost of a pint-size abode as well as a realistic budget that can help you get the tiny building of your dreams.
What’s the Cost of Building a Tiny House?
According to Teri Page, a blogger about tiny house construction and costs, the median payout for a 200-square-foot home ranges from $25,000 to $35,000. A brand-new RV dwelling begins from around $10,000. Meanwhile, the average price of constructing a new home is $292,000. Let’s not forget that the overall cost of the small home depends on certain factors. For example, you can either do the construction work yourself or hire a builder. Of course, hiring a builder means that you’ll be spending more money.
If, however, you choose to build it yourself all it’ll take is your time, dedication and some cash probably no more than $20,000.
Buying one is more cash-consuming than it is time-consuming. You need to state what you need in the home and have the contractor build it for you. The nation’s top tiny house contractor, The Tumbleweed Tiny House Company, has tiny homes that cost from $57,000 to $70,000. Here is a list of other essential factors that determines the tiny house price
Tiny House Construction Cost Factors
When building a tiny home, the materials you use have huge effects on the cost. First, you have to decide whether to use new materials or go with second-hand stuff.
In Page’s opinion, the quality of the building components you purchase can either create a huge dent in your budget or help you save a few dollars. Second-Hand items are the best if you’re looking to save cost on your tiny home.
You can always recycle wood and other materials. Of course, there are certain items that you shouldn’t skimp on like your windows and mechanicals.
With tiny houses, it is easy to break down the home into different sections. By doing this, you make it easier to estimate the cost of materials you’ll be needing.
Permits and Tiny House Plans
Did you know that the money needed to build the tiny house itself is only a part of the overall cost?
Every city and town has its zoning, land use, and building laws. Most times, these laws come with fees. You should comply with these laws. In most cases, you will need an architect or house designer who specializes with tiny house plans to draw and submit your building plans for approval.
The cost for local building permits differs from one locality to the other.
However, rural areas often have more lenient laws.
As such, you could decide to build your tiny home in a rural area to cut down on cost.
There’s a good chance, though, that the money you save on permit will wind up being spent on connected to utilities. Find out what permits you need to construct your tiny house under the building codes of your town. This way, you can plan for the cost and avoid breaching legal laws.
As stated earlier, cutting down on cost when building a tiny home has everything to do with doing it yourself instead of buying it or hiring a contractor. Most tiny home dwellers go this route. Besides, why build a tiny home in the first place if not to avoid spending too much money?
Typically, tiny home construction that costs $10,000 in materials will cost around $20,000-$25,000 if you’re contracting it out to a builder. If you were to do the bulk of the work yourself, it would be approximately $12,000 or even less.
Teri page stated that her husband had constructed her 348-square-foot tiny house himself. Therefore, after spending only $7,000 on materials, the overall cost of the home was only $8,270. Her neighbor had doubled the price to build her own 120 square foot dwelling because she hired labor.
Insulation is one of the things that drain your pocket when building a tiny home. You could spend up to $1,500 to insulate a 200 square feet pint abode. Generally, the cost of insulating your small home ranges from $500 to $3000. A full spray foam insulation is an excellent choice because it is effective. If done right, the insulation will help reduce the cost of heating and cooling.
Electricity and plumbing
Since wiring and plumbing is something you can do yourself if you know how to, they are somewhat affordable. However, the reason most electricity and plumbing cost is so high is usually because of the price of labor. The actual materials needed may not exceed $300-$500. In some areas, wiring and plumbing need to be done by a licensed professional, and even so, you may need a permit first. All these come at extra cost. According to research, electricity and plumbing cost $4000 combined?$3000 on plumbing and $1000 on wiring. But since most tiny houses are off the grid, they usually require an energy sufficient solar panel that’ll cost up to $3500. Off-grid tiny homes also need eco-friendly composting toilets.
Why Not try tiny-house kits?
If you’ve already decided to go the DIY route but do not have the necessary know-how or equipment, there’s no need to despair. What you need is a tiny house kit, which you can get from a builder.
A tiny house kit comes with everything necessary for your tiny home build.
This includes instructions and pre-built materials to guide and prevent you from making too many mistakes. By purchasing this kit, you get the opportunity to be involved in the building of your home without dedicating too many hours. Tiny home kits cost anywhere from $2000 to $35000.
Companies sell tiny house kits that come with built-ins and sleeping loft to cater to the needs of people with different building ability. Purchasing a DIY kit for just $6,884 is possible in places like Tiny Living by 84 Lumber and Tumbleweed Tiny Houses.
These kits come with a customized trailer, tiny-house plans, blueprints, and a list of all the items you’ll need to purchase to perfect the home.
Other tiny house kits will require you to do almost nothing. You’ll only be left to take care of the finishes of both the inside and the outside of the building.
However, this version is more expensive It is quite evident that whether you decide to buy a kit or start building your home from scratch, it is still better than buying the whole tiny home.
No matter how time-consuming it may appear to be, you could make it work by planning your time right. Make sure to plan your spending right as well. As affordable as it can be to construct a small home, you don’t want to be caught unawares by any expense.
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