Smart Millennial Buys TINY HOUSE as Perfect 1st Home 

Half (or more) of that $950 is rent for the rv Park. Watch again and she spells it out more accurately

@@TinyHouseGiantJourney I know, but still, she have to pay it every month. You can buy a house in Austin for around $136k.

I don’t know the area, but $137k is pretty affordable for a house. Maybe you don’t mean in Austin proper? According to Zillow the average house price in Austin is almost $400k and rent is $1750 per month. See below. Perhaps you could find a fixer or a house in a bad neighborhood for what you’re quoting nowadays, but that’s about it. She is paying 1/3rd of that, for 1/3rd of the house. But that’s what she can afford, and it’s smart because she’s young and not going to be house poor. www.zillow.com/austin-tx/home-values/

@@TinyHouseGiantJourney I'm saying that the $60,000 is not the true cost of the house. Whenever I see someone talk about how much they bought a car or house for. They never talk about the true cost of it, after interest. I looked at houses for sale and for rent. You can get a house for around $140,000. And rent for $600-$800. And based on Google street view, it doesn't look like a bad neighborhood. But you can't really tell by that.

You 100% can not but a house got $126k in Austin. ESPECIALLY where she’s living rn

Bobby Bean love you bean!!

@@toreytrouart363 alright! Good for you. Your house is darling, the field and shed are huge amenities. You, Isaiah and your pup so rock! Best lives to you all.🏠🙏

Go best friend!

Go best fraaannnnn!!!!! Yassss!!!

I like you're name bobby jean and your bff torey trouart it rhymes ✌😁

Not sure how the math on the mortgage works.. It would have to be a 0% interest loan. $60k - $5k = $55k $400 a month mortgage x 12 months x 12 years = $57,600. Maybe her mom bought it and she’s paying a 0% interest loan to her mom?m

Absolutely Ashleigh!

@@veganbeth I hear it is hard to finance a Tiny Home through the bank, so your speculation seems sound to me.

Narakonaro~ Agreed! All videos should have cost, mortgage, etc

Not sure how the math on the mortgage works? It would have to be a 0% interest loan. $60k - $5k = $55k $400 a month mortgage x 12 months x 12 years = $57,600. Maybe her mom bought it and she’s paying a 0% interest loan to her mom?

@@veganbeth Maybe or maybe she didn't give exact numbers. I think the big take away is there is an option to buy "tiny" and payoff sooner rather than in 30 years.

@Daniella Thoelen Cool, thanks! 🙂

The concept is growing, albeit very slowly. Maine just signed off on allowing/building these tiny homes. Great for singles or a couple.

@@clairelivefreeordie2551 Totally! If history has taught us anything, it's that progressive movements progress slowly. So we all gotta be in this for the long game! 🙂

Manny j Learn; DIY Co-op, network (grab onto friends with good energy and people with skills.). Build, salvage, scrounge. Happy life to you.

Honestly though, they are cheap If you build it yourselves, labor yourself and buy reused parts, or find land from family or friends. But of course buying pre built will come with a premium because of convenience

Prices haven't really changed, just the reality that the prices aren't going to be the same for everyone because everyone is not doing it exactly the same... Some DIY, many go to a commercial builder, some can manage with a basic home but others need something more elaborate to meet their needs, some will live in them alone as a couple but others will include up to large families... There's just not going to be one price range for them all nor will the homes they get be all equal or equivalent... Really, it's like saying just because there are high priced cars, phones, computers, etc that you can't just go get a budget priced one... Just know what you're actually paying for because the choices aren't limited to just the size of the home...

So, I can't remember his name, but the guy who started the tiny home movement gave himself a challenge: design a $5,000 tiny home. HE DID IT in Sept 2019. So they should be available soon. Next, I want him to design a $5K house designed for wheelchair users :)

Sarah O This would be fantastic❣️

I'm living tiny in my own apartment right now. So I know I can live this way.

@@truthfulrating5802 The transition will be easier :-)

Ikr

Umi imU thank you thank you!!! I love the support! 💕

marian smith it feels high but the average cost of rent here in Austin is about $1500

Studios in Newport Beach, California start at $1,800 / mo. + utilities + deposit. $60K for a beautiful home like this one is crazy inexpensive.

marian smith that’s high for your area, but in Austin, that’s a great deal. Not to mention if she pays off the home she’s looking at 400 a month.

Something to understand is the majority of cost savings from tiny living comes from all the long term cost savings that lifestyle promotes, which can add up to multiple times what the home cost to purchase over the years. Problem is people tend to get too focused on just the purchase cost of the home but really it's the long term costs that are the game changers. Mind, the average home owner is spending thousands on their home every year and here's an example of just some of those costs... www.zillow.com/blog/hidden-costs-178265/ Over time, the actual costs of home ownership of traditional homes add up to multiple times what the home cost to purchase but tiny living can reduce nearly all of those long term costs so the difference is actually much larger than just the purchase cost of the home in what people can potentially save. This is why, despite the cost of some of these homes, that people are still managing to go debt free in just a matter of a few years, and then all those savings can be directed to living their lives to the fullest. Even for those who rent, they're paying less for utilities and multiple other long term costs. Costs also vary, not all home will cost the same and not all locations will deal with the same issues or have the same cost of land, etc. But there's more than just the home to consider when figuring out how the changes will actually effect you...

honestly for living alone, having your own back yard, not to mention shes paying a mortgage to own the home 1,000$ is cheap

Jonny the Ponny I agree. Over price

Jonny the Ponny It’s the location....Texas, near a big city.

I agree it is too much , I think she bought it over priced. It would have been cheaper to get it built. I’ve been researching a lot and could of gotten a bigger tiny home for that price.

Guess she's better off getting her own land and paying taxes. And pain Water and Sewer.

@Kimberly Devoz - Over priced depends what you get for it... Problem is you don't get the same things with every home. Locations gives different pros and cons like proximity to things like shopping areas, hospitals, jobs, schools, views, climate, weather, etc. Location also effects how much competition you'll deal with for resources, whether everything in the area is higher or lower costs, what the cost of the land will be, how much you'll pay in taxes, how much it will cost to hire a commercial builder, how much just material will cost, etc. In a high priced area, even an empty lot can cost a lot vs other area... While the home itself can be done at a very wide range from basic structure that will get you by but will need regular maintenance to keep going or it'll eventually fall apart vs a home built to handle just about anything, can last over 500 years, will require little maintenance, etc... Among many other reasons costs will vary... So it's not as simple as just looking at something because there's a lot that goes into costs and you have to know them to actually know whether something is worth it or not...

I am so jealous of her she’d and patio!

Curly Self-Taught Gymnast I have friends in Knoxville and they say it is very different! I did also want to invest in something that could change and move with my life

Actually, she can't stand fully upright in her loft. 5:57 I would consider adding a roof section that is higher but can be lowered for transport. Not my idea; a tiny house owner showed theirs on YT.

Sharon G thank you! I was wondering and do you have tips on keeping it alive? Or really making it thrive?

Torey Trouart Lots of light will bring out more of the variegation on the leaves. Keep it moist but not soaking wet. (It can dry out a little between watering.) Mist every so often. Feed a balanced fertilizer at half strength. These are actually really forgiving plants. One of my very favourites! Enjoy!

Pothos are also known as 'devils ivy'.

It is a beautiful plant. I have a few different varieties that are thriving in my home. They will vine beautifully. 😊

@@sharong8511 And wiping dust off the leaves :-)

I'll bet there may be communal laundry facilities for the complex.

Cathy Lynn Pietranton thank you Cathy!!

Thank you so much for noticing! We try really hard over here to produce quality over quantity, which is sort of what the tiny house movement is all about 🤗

@@TinyHouseGiantJourney 💕😊 you are doing an amazing job