This is one article (2 of 3) on choosing the right type of house. Specifically, we are looking at the trade-offs between efficiency, sustainability, and practicality (excluding affordability) when choosing a home.
What size house do you buy when you can afford almost any size? Is there a perfect home? Or do they all come with trade-offs? Most people work backwards when it comes to buying a house. They begin with a budget and see how nice/big/small/well-located of a house they can afford and choose the best option. But what happens when you have a nice income, an efficient spending plan, and live in an area where housing is extremely affordable relative to your other costs? We have already explored how many square feet it takes to be happy, but next we’ll look at the cost and benefits of tiny and huge houses.
When you take money out of the housing equation it brings about deeper fundamental issues. It forces us to ask, what is enough and what will actually make us happy? Do we need a large house? Is living in a small house actually desirable? Why not simply settle for something in the middle? The notion of Tiny House Living has been popularized over the last few years by minimalist authors, bloggers, financial personalities and television shows. But is a tiny house realistic when affordability is not an issue? What are the challenges of living small? And benefits as well?
Conceptually, I really enjoy the idea of having only what we need. It was quite refreshing to move into a relatively small place to force the paring down of essentials right after we got married. In fact, we have lived in a lot of different types and sizes of homes throughout the years. Living in inexpensive housing areas, we’ve lived in homes/condos ranging from 190 to 4500 square feet, and certainly interact with individuals on a weekly basis with homes within that range. But how do we decide what is right for us? Especially when our lives are constantly changing. While we enjoy watching shows and documentaries about tiny houses, for the purpose of discussion, tiny houses will be 200-850 square foot, single family homes. Our most recent move was from a 390 square foot studio to a 850 square foot single family home. With a family of four, we live comfortably but have certainly considered larger homes (but also much smaller condos overseas as well). Tiny might be a simple 1,200 sf single family ranch, a 700 sf condo, or even a basic 14 x 14 single room. You make your own definition, but we’ll spend some time thinking through the benefits and challenges of tiny and huge house living. By looking at the extremes, we can actually put greater context around the issues faced when deciding what type of dwelling to inhabit. Continue reading The Tiny House Dilemma