Tiny houses are... tiny. But the tiny house movement is mighty popular.

In fact, according to Business Insider, Colorado ranks as one of the most popular states in the country for living in a tiny home, coming in at #3 among the top 10 states for living in a tiny home - just behind Florida and California.

People who live in tiny houses really seem to love it - and the benefits that seem to come from downsizing in this fashion are pretty awesome.

Mix 104.3 logo
Get our free mobile app

As per moneycrashers.com, some of the benefits to living in a tiny home include:

1. Lower Expenses. A tiny house costs a lot less to build than a full-sized one. According to The Tiny Life, it’s possible to build a tiny house for $23,000 on average. The average price for a full-sized house, by contrast, is $272,000 – more than 10 times as much. Through spending less on housing expenses, tiny house owners are more able to both save and spend money on other aspects of life (i.e; vacations, retirement fund).

2. No Mortgage. Most people can’t afford to buy a house without taking out a mortgage, which only adds to the long-term cost. The Tiny Life reported that 68% of tiny house owners own their homes free and clear, as compared to just 29% of all homeowners.

3. Lower Energy Use. As you could probably imagine, tiny houses are much cheaper to maintain than a regular sized house. Bills for electricity, fuel, water, and waste disposal all wind up to be much lower. For instance - many tiny houses have composting toilets, which break down waste without needing to be hooked up to a sewage system, allowing you to save money.

4. Freedom of Movement. A tiny house has a small footprint, so it doesn’t require a large plot of land. In addition, many small houses are built on trailers, so their owners can take them along whenever they move to a new city. For many people, this is a way to enjoy a life on the road without giving up all the comforts of home.

5. Easier Maintenance. A tiny house is much easier to take care of than a regular home, due to lack of space to clean and fewer appliances to repair.

6. Becoming One With Nature. The tiny house movement goes hand in hand with the environmental movement. In Colorado, is no secret that we love spending time outdoors; living in a tiny home could give you more opportunities to live in and explore nature.

7. A Simpler Life. A tiny house doesn’t have room for any kind of excess stuff: bulging wardrobes, elaborate electronics, and huge libraries of books and videos. Tiny homeowners pare their belongings down to the essentials, keeping only the items that are truly essential to their lives.

Looking to move into a tiny home anytime soon? Check out these 10 unique Colorado tiny homes that are up for sale right now:

Tiny Houses Of Colorado

20 Photos That Sum Up Life in NoCo in 2020

 

More From Mix 104.3