Welcome back! Did I keep you on the end of your seat waiting till today’s post? I hope not as that wasn’t my intention. I just wanted to share a bit more about financing a tiny house.
Tiny houses, in general, range anywhere from $5,000 – $100,000 or more – depending upon size and amenities. The difference in price range is because an individual can build an all salvaged or recycled tiny house for as low as $5,000 with their own labor. This route would take quite awhile and most blogs I read on this topic, it took the individuals twice, if not more, time than they originally planned. Some other examples are here:
Some more photos of the jamboree – just because. =)
This was the cheapest – that I saw – displayed at the Jamboree. It’s a toy hauler.
So as you can see, there is a wide range of prices depending on size and finishes or amenities. Now, after stating that, and knowing that I wanted a tiny house for financial and consumer freedom. I paid around $30,000 for mine. It was an additional $4,000 to have it hauled to my location from my builder in Salt Lake City and I probably put an additional $1,500 in added items like furniture, skirting, shelving, storage, etc.
My goal starting this whole project (years and years ago) was $15,000-$20,000. When I had originally contacted builders and gave them my original plans (nothing like what I ended up with), my quotes came in above this so I readjusted by budget (and amenities) to something realistic. I also went with my builder – and changed the floorplan – to hit my budget. To me, spending as much as a traditional house with a foundation, isn’t what the tiny house lifestyle means to me. I understand others may feel different – and there’s nothing wrong with that! A lot of my design decisions were based upon keeping my project in this price range – so yes, I realize I don’t have the most innovative, modern, or coolest tiny house out there but I’m also not paying an arm and a leg to live in one. Are you surprised by the price of my tiny house?