America is swept up in tiny-house fever - here's how much it'll actually cost to build one of your own
- Want to join the tiny-house movement? You can either buy a tiny house or build it.
- Building a tiny house is typically cheaper, but costs vary from less than $10,000 to more than $30,000.
- The cost boils down to a variety of factors, such as location, materials, and labor.
- Visit Business Insider's homepage for more stories.
Tiny houses are having a moment.They're minimalist, portable, and environmentally friendly - and people are jumping on the lifestyle.Advertisement
If you want a tiny house of your own, you can either buy one - the median cost for one in the US is $59,884, according to The Spruce - or you can build one, which is typically cheaper. tiny house? Well, that depends. Some tiny-house dwellers built their abode for less than $10,000, while others spend upwards of $30,000.
It really all comes down to location, housing materials, and labor. Here are the general rules of thumb when it comes to setting a realistic budget for your tiny house.Read more: Moving into a tiny house helped one 35-year-old increase his income and save $100,000 in 5 years - here's how he did it
The cost of building a tiny house is about $300 per square foot, Zack Giffin, host of Tiny House Nation, told Apartment Therapy in 2016.
Ryan Fitzgerald, owner of Raleigh Realty, told Reader's Digest you should budget at least $65,000 to build a tiny house — but others have spent way less than that.Advertisement
Deirdre Sullivan of the home-living website The Spruce interviewed seven first-time tiny-house builders. Their costs ranged from $12,000 to $35,000.
Ryan Mitchell of The Tiny Life previously told Business Insider it cost about $30,000 to build his 150-square-foot tiny house, including solar panels. "Even after accounting for the cost of the house, I've saved over $100,000 going tiny," he said.Advertisement
But it's possible to build a tiny house for less than $10,000: One couple told Tiny House Build they shelled out just $8,000 to build their 24-foot-long, 8-foot-wide, 13-foot-tall tiny house.
And Teri Page of Homestead Honey says she built her 348-square-foot tiny house for $8,270, although her neighbor's 120-square-foot tiny house cost $21,200 to build. The key difference was that her neighbor hired out labor.Advertisement
Ultimately, the cost to build a tiny house depends on several factors, from building plans and materials to location and labor. Here's what to expect.
Permits: Fees for local building permits depend on where you're building, but can cost as little as a few hundred to as much as thousands of dollars.Advertisement
Materials: Building materials involve everything from lumber and roofing to doors and windows. Mitchell wrote in his blog, The Tiny Life, that materials comprise 80% of building costs.
Insulation: Mitchell recommends closed cell spray foam for insulation, which costs about $3 per square foot for three inches thick. Costs overall can range from $500 to $3,000.Advertisement
Electricity and plumbing: The cost of electricity and plumbing depends on whether your tiny house is on or off the grid. It also depends on whether you hire out labor, which is often required by law in many locations.
Labor: Building costs really come down to who's behind the labor. According to Mitchell, the average tiny house costs between $10,000 and $30,000 to build it yourself, and twice that if you hire someone to build it for you.Advertisement
But you can also compromise, buying a tiny house shell — a finished exterior with an unfinished interior — and personalizing it yourself. A standard shell at Tiny Home Builders ranges from $17,000 for a 12-foot tiny house to $37,000 for a 28-foot tiny house.
And don't forget to check Amazon, which also sells tiny-home build kits ranging from $5,000 to $19,000. These can take anywhere from eight hours to two days to build.Advertisement
- COVID-19 effect: Air India withdraws job offers for around 180 trainee cabin crew members
- 872 new coronavirus cases in Gujarat, ten more deaths
- 1,781 fresh COVID-19 cases take Delhi's tally to 1,10,921; death toll mounts to 3,334
- RCF launches hand sanitiser to control COVID-19
- 4 fresh COVID-19 cases in Himachal Pradesh