Guide to The Tiny Home Movement: Modular Home Prices, Designs, and More
Tiny houses are everywhere on the internet. These mini modular and relocatable homes offer people an opportunity to live a simple and minimal life–off-the-grid or in the middle of the city. Spearheaded by the prospect of lower housing costs, the freedom of living with less, and a personal philosophy toward minimalism, the tiny house movement has swept throughout Australia.
Here, we discuss the tiny home movement, from modular home prices, beautiful house designs, the benefits of living small, and more.
The Global Housing Problem
The average Australian home is 183.6 square metres. This size comfortably fits a family with multiple children. But many aim for much bigger spaces, as a larger home is often a sign that you’re living comfortably and are financially in a good place––except most people are not.
The average mortgage size across Australia is just over $450,000, with the highest numbers landing in New South Wales. With an average yearly income of $58,000 for 21 to 34-year-olds and $78,000 to $80,000 for 34 to 54-year-olds, paying off a mortgage can put you in debt until retirement, as you have to make other living ends meet as well.
And these values only represent the fortunate. Millennials have been dubbed as the Generation Rent––the first group of working-class individuals who may never be able to afford personal housing in their lifetime. This issue is motivated by the competitive housing market, coupled with a sky-high credit limit required to qualify for any type of housing loan. Put increasing rent prices in the fray, and there’s little hope for young people to afford housing within the next few decades.
The housing issue is one aspect that unifies the entire world. Australia isn’t the only country that’s struggling to put roofs over people’s heads. From the USA, Europe, and the farthest corners of Hong Kong, the world is quickly gaining more people––but the amount of available residential space isn’t increasing.
The Tiny Home Movement
The tiny home movement is a direct response to the global housing problem. It encourages more homeowners in a world where housing can be a lifelong debt commitment. The opportunity to purchase an actual house for much less has saved low-income earners, and people who lived in impoverished communities through the following:
- Lower housing cost
The average modular home cost can be as little as $30,000 for a second-hand unit––more for lock-up shells and custom-designed houses. This value is still as much as 20x less than the average Australian mortgage. Even if the resale value isn’t as strong, tiny homes allow you to be a homeowner for significantly less.
- Different locations, same price
Due to the relocatable nature of modular housing, you don’t have to worry about finding or building a house in your particular state. On-site construction is more expensive and time-consuming due to higher labour hours distracted by harsh weather conditions. It also creates more construction waste through a surplus of unused materials. Choosing a tiny home allows you to pay less for the same kind of work as houses are built off-site and require less labour hours.
As modular home prices are lower and units are delivered straight to you, you also don’t have to worry about the higher housing cost in particular cities. For instance, even if you live in Sydney, you pay the same amount for a tiny home in Brisbane. This is especially advantageous if you live in a city with a high cost of living. The amount you save will swell.
- Freedom of living
Unlike traditional homes, which are permanently mounted to the ground, tiny modular homes are relocatable and can accompany you anywhere you choose to go. All transportable houses are constructed off-site, in a factory where skilled workers work tirelessly to build you the most beautiful abode. They’re then delivered to the land where you intend to live. Alternatively, if you enjoy flitting from one place to another, you can request a tiny home on wheels, which you can drive to your next destination any time.
What Does it Mean to Live in a Tiny House?
Living tiny is more than just breaking out of a large house and getting rid of a couple of things. Staying in a small space for the long-term means that you can’t carelessly add new clutter into mini-size quarters. Ultimately, the tiny home movement is a lifestyle that you need to embrace to enjoy––otherwise, it can feel suffocating to have very little space to move around.
If you like dancing indoors, you might not have enough space to do so anymore unless you build more vertical space just for this purpose. If you are a family of seven, squeezing that number of people into a 20 square metre house can feel borderline claustrophobic.
While modular home prices are tempting, the lifestyle simply isn’t for everyone. It’s perfect for individuals or small families who don’t need plenty of indoor space to feel happy. It’s for people looking for a different kind of freedom than a large house that adds no value but buries you in debt. It’s for people who are environmentally-conscious and are looking to reduce their overall carbon footprint. And most of all, tiny homes are for people who seek financial freedom––a life without massive mortgages and home loans and housing insecurity.
Modular Home Designs
Most people’s initial idea of a tiny home is a shabby old storage shack in the middle of nowhere. But the reality is that living small opens more opportunities for creativity indoors and outdoors. The big dilemma is how to make the most use of small space. Take these design ideas to help you open up to the beautiful world of modular homes.
- Going Higher is the Way to Go
If you can’t go wider, go higher! It’s not rare to find three or four-storey houses that offer extra space for larger families. And there are many ways you can go about this creatively. Adding outdoor stairways give a beautiful, cabin-style touch while doubling up as an emergency exit. Flat roofing gives the structure a modern look and eliminates the pine-tree silhouette that can make tall, thin houses look a little funny.
- Going Small Doesn’t Mean Going Technologically Backwards
Modern houses make good use of technology these days––tiny houses can, too! From fingerprint scanners to the trusty Alexa and every cat’s favourite Roomba, you can incorporate multiple kinds of technologies into a tiny space. It helps to give the construction company a heads up to build-in any internal integrations for you.
- Embrace the Outdoors
If there’s one big advantage that sets tiny homes apart, it’s their ability to go anywhere you want without having to purchase an entirely new house. Whether you choose to live in rural Brisbane or the middle of Sydney, modular homes can be relocated anywhere you go. That’s why people love building outdoor space, such as a terrace or a porch in their tiny homes. It allows them to embrace nature when they end up in the middle of a beautiful landscape!
Next Steps: Starting Your Tiny Home Journey
Embarking on your tiny home journey starts with getting in touch with building professionals. They’ll listen to your needs and help you figure out the best structure and most beautiful design to give you the perfect living experience.
Get in touch with us, and we’ll answer all your questions and provide a modular home cost quote within your budget.