The 500-square-foot tiny homes, which have grown to be a popular alternative for people wishing to genuinely downsize, may come to mind when you think of a small area. However, there are advantages to building small house, and you don’t need to go overboard with your square footage to take advantage of them.
Proof: Take the one-thousand-square-foot house. It is smaller than the typical home (the average size of a newly constructed home in the United States is 2,657 square feet), but not so much smaller that you would have to join a movement (and buy a Murphy bed!) to live there.
In this blog, let us take you through some benefits of small-house living.
- Smaller typically costs less.
One of the main drivers behind moving to smaller quarters is this. If you moved from a 2,000-square-foot townhouse with a garage to a small 950-square-foot apartment you would save a ton of money.
Due to lower rent and “minuscule” utilities, you can save roughly $400 per month as a result of the move. This brings us to the next advantage of living in a tiny house.
- You spend less on utilities and other recurring costs.
In a home [that is] 1,000 square feet or smaller, the cost of insurance, taxes, heating, cooling, electricity, etc. will always be lower. Utility costs are the one area where savings are assured, even if insurance and taxes can also be impacted by other factors.
An electric bill for a 1,000-square-foot home typically costs $200 less per month than one for a 3,000-square-foot home. Additionally, you might save a lot of money on maintenance costs if you choose a condo. Since the majority of association fees are based on square footage, a condo’s square footage determines how much the owner will pay each month.
Now that you know the benefits of living in a smaller house, connect with H&H Custom Home Builders. We have the right answer for your building small house needs.