4) Building Cost
It might be true that a tiny house is cheaper than a large one. However, even small houses can carry hefty price tags. For instance, if you are building from scratch, you need to buy a lot of supplies. This alone may cost around $20,000-30,000, according to In-House Realty. And unless you are very handy, you may need to hire someone to help construct the house. Alternatively, you can buy a pre-built house, but this may cost double or triple as much. So, if you decide to build one, you need to consider what materials are both strong enough and affordable. In addition to the house itself, you will need land upon which to build or park. The closer you are to urban centers, the more expensive this will be. Therefore, making sure to plan a budget is highly important for starting out in tiny house living.