How Much Does a Tiny Home Cost? What to Consider
How Much Does a Tiny Home Cost? What to Consider
If you’re considering living in a tiny home, one of the first questions you may ask is: How much does a tiny home cost? Learn how much a tiny home costs.
Keyword(s): tiny home cost
When you picture your future, do you see yourself building your own tiny home? Owning a tiny home is the ultimate dream for a lot of minimalists.
The tiny home cost and size play a big factor when people are looking at moving into the trendy new living situation.
If you’re considering living in a tiny home, one of the first questions you may ask is: How much does a tiny home cost? Learn how much a tiny home costs here.
Are You Building or DIY?
One of the most important factors that determine the cost of a tiny home is if it is being built from scratch or if you are buying a pre-existing home.
Let’s say that you are planning to hire a builder to create your new tiny home for you. The average tiny home costs between $60,000 and $75,000 for a builder to start your home from scratch. Most of that cost is going to be the labor.
You can expect that at least $30,000 will be money that all goes towards the materials for your home. The rest of the money is for the work that goes into it. A good rule of thumb is to figure out how much the materials are going to cost and then double that number.
However, one of the things that people do not take into account when they are going to build the house themself is time. While it takes a professional roughly 120 hours, it takes someone who is not experienced 480 hours. So your timeline could determine if you hire a professional or not.
Staking Your Claim
Another factor that can impact the price of your tiny home is the foundation on which it is built. You can build your tiny home on a permanent foundation or you can have the home on a trailer.
Building a foundation will add an additional $5,000 to $8,000 to the project. So you are looking at roughly $51,000 to $53,000 for a newly constructed tiny home on a foundation.
If you choose to have a tiny home on wheels the cost of the home could range anywhere from $60,000 to $80,000. While this might seem more expensive, keep in mind that you will not need to pay for the land.
Your Tiny Home Cost per Square Foot
One of the ways that you can calculate the cost of your tiny home is by the square footage. The average cost per square foot is around $150. However, it varies quite a bit based on materials and floor plan. The cost per square foot can easily reach $300 to $400 per square foot.
Breakdown of the Necessities
Here is a breakdown of the material needed to construct a tiny home. This will give you a better idea of where the true expenses come in.
- Trailer
- Windows
- Doors
- Roofing
- Insulation
- Lumber
- Flooring
- Electric and plumbing
- Fixtures
- Fasteners and adhesives
From this list, you can expect that the trailer, doors and windows, roof, and mechanical things will be the most expensive and take up most of your budget. About 80% of the budget will go towards getting these materials.
After you have purchased the best quality trailer, doors and windows, roof, and mechanical appliances, the other materials are where you can save some money.
The other materials are going to be how to cut down on tiny home costs. Lumber, flooring, and other decorative items are still important but you can find good deals on them and get them at a lower price point.
Other Things to Consider
The square footage, how the home is being built, the materials you use, are all factors that affect the cost of a tiny home. Here are other things to consider that can affect the cost of the home.
A small house ranges between 900 and 2,500 square feet. A tiny home is classified as anything under 900 square feet. Most of them are much less than 900 square feet. When you are building the number of square feet will make a big difference in how long it takes to build as well as the number of materials needed.
One of the other things that can determine the price of your home is the land that you build it on. No matter if you are building the home yourself or you are having someone build it. A property next to a lake or waterfront will cost you quite a bit where property in a rural area will cost you less.
Another factor that can add to the cost is a building permit. The average building permit for a home is around $1,350. Your floor plan and the materials can add to the cost of that permit.
Start Building Your Dream Home Today
When trying to determine a tiny home cost, it is going to largely come down to materials and labor. The other deciding factor in cost is going to be whether you decide to buy or build your tiny home.
In the end, you can save yourself a lot of money by building the home yourself or at least a lot of the work.
If you are looking for the most durable and stylish tiny homes, Marinez Casitas is the tiny house builder for you. You will either have the option of doing a complete turn-key build or you can just have the empty shell created so that you can design your dream home yourself.
Contact us and find out just how much one of our tiny homes costs. We cannot wait to help you on your journey to getting the tiny home of your dreams.
