Tiny House, Big Regrets?

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Tiny House, Big Regrets?

Do you really want to live in 500 square feet of space?

The tiny house trend has sure blown up in recent years. After all, the motivations are attractive: More financial freedom, a minimalist lifestyle, a life focused on relationships and experiences, having less impact on the environment.

Glamorized by reality television shows, the tiny house movement does have its hidden challenges. Challenges that many tiny homeowners didn’t consider before living in a tiny space.

A recent survey of homeowners found that their biggest regret was not choosing a larger home.

So, before you buy or build a tiny house, ask yourself the following:

To own a tiny home, you need to know about the zoning laws and building codes in the area you plan to live. Most areas require a minimum square footage for new-construction homes.

In fact, “There are only a handful of cities across the country that directly address tiny houses,” says the national coordinator for the Tiny House Association, Alexis Stephens.

You do have the option of living in a tiny house on wheels. In this case, you would need to register it as an RV – then just find a place to legally park it.

2. Can I Make Do With Less?

If having a closet dedicated to only shoes is your thing, then a tiny house will likely drive you insane.

Less space will force you to decide what the essential things you cannot live without are.

Before you restrict your environment to a few hundred square feet of space, consider the fact that you will undoubtedly have to part with a lot of “things.”

3. How Will I Get Utilities?

You must plan for how you will have access to electricity, running water, sewage disposal and the Internet beforehand.

If your tiny home is on wheels and you park it at an RV site, you will most likely have electricity, water and sewage disposal sources.

If your tiny home is built on a plot of land, how will you handle utilities? Solar power is one good option. A composting toilet is another. You just need to consider what options are best for your lifestyle.

4. How Will I Insure It?

If your tiny home will sit permanently on land, it should be covered by a home insurance policy.

If it’s on wheels and you don’t plan on moving it more than once per year, a stationary trailer insurance policy might be best.

Conversely, if you plan on traveling with your tiny house on wheels more than that, then you should consider travel trailer insurance policy.

Just because it doesn’t take up much space, doesn’t mean it can’t go uninsured.

5. Will Less Space Be A Relationship Destroyer?

If you will be sharing a tiny house with your significant other, you need to be on mutual grounds on how to make your lifestyles work together in such a small living space.

A tiny home could be a great thing for your relationship, or the lack of square footage might drive you both to never want to be near each other again.

This will all depend of course on your relationship, but you should think about how you can make it work before taking the plunge.

6. What Is The Main Reason I’m Interested In Living In A Tiny Home?

Some of the most popular reasons for choosing to live in a tiny home include financial reasons, environmental concerns and the longing to live a more free and simple life.

You should think about why you want to live in tiny home. If you’re just attracted to the trend you see on TV, well, just know that’s not quite reality and you might find yourself regretting your decision.

Like any major life decision, the idea of living in a tiny home should be carefully considered.

Disclaimer: The above is solely intended for informational purposes and in no way constitutes legal advice or specific recommendations.

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