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Are Tiny Homes Worth It? The Benefits May Outweigh the Small Size

admin by admin
January 6, 2023
in Vegan News



The Tiny Life crunched some numbers, and found that tiny houses are generally much more affordable than regular houses. The average regular-sized house has a $290,000 purchase price; but over 30 years, including the down payment, maintenance, and mortgage, a $290,000 house will end up costing a little more than $1 million. In contrast, The Tiny Life says that a tiny house costs between $10,000 and $40,000 over the same time span, on average. 

In general, a tiny house is cheaper than the average home — but a small apartment in an affordable town could be comparable in cost.

Another large determining factor in the price of a tiny home is whether you choose to go DIY and build it yourself, or if you buy a “prefab” tiny house — which could easily make your home’s price higher than the $40,000 threshold.



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