Living in a Tiny home is not a new idea, but there has been a dramatic resurgence in its popularity in recent years. This trend started back in the 80s but has never been so embraced by millennials and baby boomers as it is now. 

Millennials are gravitating towards micro houses because they love the idea of becoming a homeowner without outlaying a huge investment. Baby Boomers contemplating retirement are also considering these pocket-sized dwellings as a way to downsize. This way of living appeals to anyone looking to lead a minimalist lifestyle, leave a smaller environmental footprint, have the flexibility to travel, and minimise debt.

What is a tiny home?

Any dwelling with a square metre of up to 38 is considered a tiny home. They are typically divided into three or four spaces—a living area, kitchen, bathroom, and bedroom loft. They are built to fit on a trailer for ease of movement, although this isn’t always the case. Some tiny homes are entirely off-grid, generating their own power and water. The idea is to live simply, while at the same time having everything you need to lead a comfortable life. Here are five reasons why the tiny house movement is here to stay.

1. They Help You Save Money And Live Debt Free

One of the more obvious benefits of downsizing to a tiny home is the aspect of money-saving associated with this type of living. Buying one of these houses will cost much less than investing in a typical family home. Since you own the home outright, you will not be spending your hard-earned money on rent or paying off a mortgage. Some people even build their own tiny dwellings, which can bring down the cost of homeownership even further.

2. They Are Better For The Environment

Many homeowners are going tiny to create a more sustainable lifestyle and reduce their impact on the environment. The quantity of building materials required to build a micro home is much less than the timber, bricks and cement needed for a traditional home. Thanks to the small square footage, tiny homes are far more energy-efficient in terms of lighting, heating or cooling. 

Some tiny house owners take things a step further by installing solar panels. All their energy needs are met by harnessing solar power, reducing their carbon footprint even more.

3. They Encourage You To Spend Time Outdoors

Living in a micro home may be just what you need to get out more and spend time in nature. Since the number of activities you can do indoors is limited, many people find that they actually end up enjoying time outside more. 

Tiny house dwellers often choose to live in areas with plenty of greenery, where they can enjoy activities like hiking, fishing and exploring new outdoor hobbies. Also, staying in a tiny home does not limit your ability to entertain. Simply set up an outdoor area with patio furniture and it becomes an extension of your tiny home.

4. They Save You Time And Money On Cleaning And Maintenance

Another advantage of living in a tiny home is that you’ll be spending less time on upkeep and maintenance. Since there is limited space, it will take you less time to clean your entire home. You’ll also be spending less money on cleaning supplies, and your yearly maintenance costs will be negligible. So, if you’re someone who’s not a big fan of spending time cleaning, then a micro house is ideal. You’ll no longer be rushing to tidy things up every time visitors come over.

5. They Allow You To Declutter Your Life

Many of us are rushing to adopt more minimalistic lifestyles inspired by the far-reaching popularity of the Marie Kondo method. Others are tired of mindlessly accumulating things and are simply striving to be less materialistic. Tiny homes give you the opportunity to declutter your life because there’s only so much you can cram into a 38 square metre home. 

The process of decluttering may seem intimidating at first, but it can be incredibly liberating to donate or sell the unnecessary things you’ve accumulated over the years. As you take a good look at your possessions and the things that matter to you most, you may end up becoming more self-aware and happier.

Final Thoughts

In the aftermath of the COVID-19 pandemic, we are heading into a worldwide economic downturn. Living in a tiny home is a sustainable way to weather this crisis. If more people opted for micro houses, it would also have a significant positive impact on the environment. Moving to a small space can be challenging at first and may not be for everyone. But thanks to its many benefits, more and more people are embracing this way of life.

Leonard Ross is an established property developer in Auckland, New Zealand.