Minimizing living spaces have become the ideal option for many who want to invest in a home or property without blowing their budget. Around 66% of Australian households have their own homes, says a recent survey. Most homeowners have their houses built in an area that ranges between 150 to 200 square meters on average. Some Australians even go beyond the average built-up area to invest in building bigger houses which will depreciate over time. These days, tiny homes in Australia are growing in popularity due to the financial and practical benefits they provide. This is because the tiny house movement has let property owners understand that they have been investing in properties that are not quite sustainable.
Tiny homes are houses that get built in a lesser-built area like less than 250 square meters. Such homes have only functional rooms and necessary spaces like a utile living area, bedrooms to accommodate the owners, a restroom and a compact kitchen. With that being said, smaller homes do not limit the functionality of your house. It brings countless benefits along with being pocket friendly.
Benefits of Living in a Tiny Home
Constructing a tiny house equals investing less in a property that is equally functional. Construction of smaller homes also leaves lesser carbon footprints. This is the reason tiny homes are also known as green homes- they are eco-friendly, use minimal resources and look forward to a sustainable future. Here are some other benefits of small homes you can enjoy,
- More to save
Of course, the primary motive of building a tiny house is to minimise extra expenses that are often unnecessary. Luckily, the construction of mini homes can save money in innumerable ways. First and foremost, it minimises your capital investment at a mind-blowing rate. The average cost to build a house in Australia was $313,800 in 2018. The figure can go up depending on certain factors like the location and other accessory features incorporated. With tiny homes in Australia, the budget lies between $20,000 to $25,000 with all necessary amenities installed. The difference is around ten times which means you will save so much of your upfront costs. Further, constructing smaller homes lets you save on property taxes, maintenance costs, etc.
- Less mess
People who have been living in large luxury homes will understand how much time and effort it takes to declutter the mess that happens regularly. This is because when too much space is available, it urges you to buy unwanted kinds of stuff and stack them wherever possible. However, when you shift to a smaller house, you can get rid of the unnecessary clutters and rearrange your home with only the things you need. On the bottom line, your house will yield less clutter and is easy to maintain.
- Versatility
Though the tiny home movement has become popular pretty recently, there are multiple options you can choose from based on your convenience. For example, if you are not looking to invest in land permanently, you can get a movable, tiny house built on your rented plot. Most builders have the option to get your house built on trailers so that you can easily transport them wherever you want. Additionally, you have some more options to style your dream tiny home. From contemporary metal shipping container homes to a pinch of luxury incorporated in your small house, there are numerous ways to extend the appeal of your home without compromising on your budget.
