Tiny homes. We've all heard about them. What was once thought to be a fad is quickly turning into a trend that appears to be here to stay. Tiny homes have so far shown to have quite a few advantages, as well as drawbacks. But in the end, what works for one person may not work for someone else.

If you're thinking about living in a tiny home in Albuquerque, you should really make sure you weigh all the pros and cons before you venture into the tiny unknown.

Here are a few of the main pros and cons to consider.

Pro: Affordable

No matter where you live in Albuquerque, a tiny home will cost less than a traditional home.

“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,” said Money Crashers. “Cutting back on housing expenses enables tiny house owners to put more money toward luxuries (such as travel), save for retirement, or simply work less.”

You also may not need a mortgage to buy your tiny home at that price. That means you could own your home outright or have it paid off quickly.

Con: Yes, they’re small!

Well, what else would you expect? Tiny homes are called "tiny" for a reason, at between 100 to 400 sq feet. As such, many people just can't squeeze their life into a home this small.

The main point of living in a tiny home is to simplify your life. There's just no room for clutter or tons of things. Space is precious. And appliances may not be where you would traditionally expect them. Your washer and dryer will more than likely end up in your bathroom or kitchen and you'll have to do some serious compromising when it comes to what you bring into the home.

Pro: They’re portable

With a tiny home, you have the options to relocate it to another property. They can fit on a flatbed truck and can be delivered or relocated relatively easily. This option can be especially attractive for millenials who are more likely to want to move to a new location.

Con: Lack of personal space

If you're single, no problem. But if you have a significant other, you will have to get used to not having personal space. This may not be the best option if you're an introvert.

Pro: They’re greener

Since they are small, tiny homes are by nature more environmentally friendly. They require substantially fewer building materials to construct. Plus, they can use solar energy more efficiently for power and heating, which is a huge advantage for saving money and energy.

Con: Lack of storage

No matter how many witty ideas you come up with, you’re never going to have an ample walk-in closet and tons of kitchen cabinets—both of which are ingrained in the “typical” vision of the American dream.

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

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1 Bedrooms / 2 Bathrooms (1 full, 1 half) / 1475 Square Feet

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