HGTV suggests enjoys popularized lightweight residential property – usually the individuals smaller compared to 400 square feet – when you look at the a giant ways. Many people are drawn to it solution path to homeownership because an effective way to help save prior to investing in an even more high priced bit of possessions.
Yet not, providing a small home is not the same as the common homebuying processes in a variety of ways (elizabeth.grams., you may be unlikely to track down a realtor that will tell you you a dozen possibilities). The method is going to be cutting-edge logistically and you will economically, making it important to know what you’re signing up for.
Annie Colpitts, a 30-year-dated business coordinator, has actually spent more annually into the an 8 step 1/2-by-20-legs home one she tailored and you will assisted build. She existence twenty minutes north from Richmond, Virginia, and parks your house into the a little bit of personal property you to she rents to own $350 thirty day period. Colpitts kept a roomy the downtown area flat – and paused intentions to get a normal house – to help you embrace the fresh lifestyle.
Right here, Colpitts shares as to why she selected a tiny family, just how she funded it and you will what she would did in different ways. (Which transcript try lightly edited to own quality and you can duration.)
