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by Fred Fuld III
With the high costs of buying or renting a house spreading across the nation, more and more homeowners are looking at building a tiny house in their backyard, and renters are looking to rent them.
A small house is generally considered to be between 400 and 1,000 square feet, and tiny houses are less than 400 square feet. The smallest tiny house is considered to be one that is only 80 square feet. I wonder if they hold a lot of parties in that house?
Last year, California passed new laws allowing homeowners to construct tiny houses due to the fact that rental costs have gone through the roof (no pun intended) in the state partially due to the shortage of available rental units. Some other states are following suit.
These homes can either be built by contractors or can be ordered online as a kit the is relatively easy to assemble. So what kind of a house can you get, and how much does it cost?
Generally, none of these come with foundation materials or shingles for the roof. Construction usually takes two people and can take anywhere from two days to a week to complete.
Maybe you can have your own real estate investment in your own back yard.
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