Tiny homes aren’t just a fad anymore — what started as a way to lower mortgage payments and utility costs following the Great Recession has developed into a worldwide movement. And Google searches for “Tiny House for Sale” have grown a whopping 900%. If you’re looking to purchase or build a tiny house of your own, there are a few decisions you’ll need to make: Where do you want to put your tiny house, and do you want to rent the land or purchase it outright? Are you looking to build your house on a foundation, or do you want to put it on wheels and travel from coast to coast with your home in tow? When compared to a traditional or big house, tiny houses could save homeowners a lot of money. But exactly how much you’ll save comes down to the type of living situation you want. We’ve taken a critical look at the choices that aspiring tiny homeowners often have to make, and how much each option costs when compared to living in a traditional home on a one-month to five-year scale.
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