Several companies will manufacture tiny homes, which are being used as primary residences, vacation homes and even portable homes that owners haul around the country with a truck. For about $45K (not including shipping) Tumbleweed Houses will build you a 102 square foot home in about three months. They also offer do-it-yourself instructions for between $695 and 995. Alchemy Architects offers the ultra modern weestudio, a 364 square foot home with a base price of $69,500.
If you take a look around, you will see a tiny culture emerging all around us. Tiny cars such as the Smart Car have overwhelmed projections with 14,000 sold in the U.S. and a year-long waiting list, according to Business Week. You can get a laptop that fits in an envelope and a dog that fits in a purse. Small is trendy. As author Seth Godin said, “Small is the new big.” With sales of small cars greatly outnumbering sales of larger cars, this shift in consumer demand could easily carry over to Americans becoming more likely to buy small or tiny homes to minimize their housing costs and environmental impact. There is an untapped market, which presents a great opportunity for investors in tiny real estate or the next Smart Car for the housing market.