The Growing Trend to Micro Mini Housing

Shrinking homes are a growing trend. More and more people are choosing to live in tiny houses – homes that are often less than 500 square feet.

Perhaps the state of North American real estate markets has something to do with it: In Canada, a hot real estate market nationwide out-priced many potential first-time buyers, forcing them to scale down their expectations … literally.

People are looking for ways to save on their home ownerships costs, and for some, tiny homes are the way to go.

Actually, there are all sorts of factors at work driving the micro-mini home craze. Economically, little homes can make sense. They can cost less to maintain; they can cost less to furnish; they probably have lower heating costs; and there is choice galore for those at the leading edge of the small-is-beautiful movement. Mobile minis, which are on wheels, are designed to be fitted with solar panels and other green technology options.

Some companies sell do-it-yourself (DIY) plans for tiny homes, but people can also purchase pre-built homes that can be delivered straight to their plots of land. There are also workshops available to aficionados on topics ranging from DIY construction to finding small-scale furniture for your small home.

As well, some of the micro-mini homes are designed to be added to, so if the lot will accommodate it and authorities approve, your tiny house can grow.

If a bigger small home isn’t in your plans, perhaps you and your house can be part of a larger community; several tiny housing blogs discuss building communities of tiny homes.

Generally speaking owners of tiny homes are singles or couples who are younger, on average, and may work in creative professions. However anyone can be part of this growing trend. And it just may be a trend whose time has come.

Perfectly Beautiful: The Words that Attract buyers

Across Canada, people want to purchase “beautiful” homes. A recent article in National Post listed by province the descriptors used in real estate advertising, as compiled by listings site Point2Homes. According to the Post, Point2Homes scanned 40,000 Canadian and 300,000 US listings to pull out the words that most attracted buyers..

“Beautiful” was either first or second of five top home listing words in every province except Manitoba, and the phrase, “hardwood floors” was the most commonly used term.

That people want a “beautiful” home isn’t surprising; but what is interesting is that these descriptors vary from province to province. Ontario buyers, for example, will visit an open house if the property is described as “beautiful”, with “electric light fixtures,” located on a “private” lot, “near schools” with a “washer dryer.” And who would blame them: it sounds great.

Provincial needs and wants

Manitoba buyers, on the other hand, have differing priorities. They look for “spacious” and “huge” properties with “wood-burning fireplaces” that are “close to schools” and “perfect.”

B.C. and Alberta home seekers want “vaulted ceilings” and Saskatchewan buyers put “close to schools” at the top of their list of needs. Quebecers and people from New Brunswick raise the pricing issue: “Priced to sell” is listed fifth and fourth respectively. Buyers in PEI, Nova Scotia, Newfoundland, and Labrador have something in common with our neighbours to the south. Like US buyers, they very much want to buy their “dream house.”

That’s interesting in itself. Because who doesn’t?